News - Insurance
Adris Group’s consolidated revenue in the first nine months rises 8%
In the first nine months of 2026, Adris Group achieved growth in its consolidated business, with contributions from all business segments. Total consolidated revenue of EUR 1 billion was 8% more y-o-y, the Group said in its press release.
Allianz becomes the world’s most valuable insurance brand for the eighth consecutive year and reaches its highest-ever brand value
For the eighth consecutive year, Allianz is the world’s most valuable insurance brand and has reached a record USD 30.7 billion in brand value, lifting it one place to No. 26 in Interbrand’s Best Global Brands 2026 ranking, the company said.
Aon delivers strong third-quarter results with 6% organic revenue growth
Total revenue of Aon, a leading global professional services firm, in the third quarter increased 3% to USD 4.1 billion compared to the prior-year period, reflecting 6% organic revenue growth, partially offset by a 3% unfavorable impact primarily from divestitures.
At the end of 2Q, KBC Group’s capital was well above the minimum requirements
KBC has been informed by the European Central Bank (ECB) of its new minimum capital requirements, KBC said in its press release.
AXA delivers solid performance in the first nine months of 2026
Gross written premiums & other revenues of AXA in 9M2026 were up 5% vs 9M2025 to EUR 93.0 billion. Property & Casualty premiums were up 3% to EUR 48.1 billion.
BELARUS: New insurance company joins the Belarusian Association of Insurers
Following a decision by the General Meeting of the Belarusian Association of Insurers (BAS), a new insurance company, Sber Strakhovanie, has joined the Association, effective November 1, as BAS announced on its website.
GREECE: Eurobank acquires full control of one of the leading life insurance companies in Greece
Following its announcements in October 2025 and May 2026, Eurobank has now announced that it has completed the acquisition of 80% of Eurolife Life from the companies controlled by Fairfax Financial Holdings Limited, upon receipt of the required regulatory approvals and fulfillment of the relevant closing conditions.
KYRGYZSTAN: Representatives of the regulator and insurance market take part in key international events in Turkey
Representatives from the Financial Market Regulatory and Supervisory Service under the Ministry of Economy and Commerce of the Kyrgyz Republic, the Kyrgyz Association of Insurers, and the insurance market participated in key international events held in Turkiye in October 2026.
LATVIA: August storm highlights need to strengthen electricity security
According to the Latvian Insurers Association (LAA), by October 22, insurers had received 8,211 claims for damages caused by the August storm, of which 84% had already been settled.
Moody’s affirms Aa3 Insurance Financial Strength Rating with Stable Outlook of the only Islamic multilateral insurer in the world
Moody’s Ratings has affirmed Aa3 Insurance Financial Strength Rating (IFSR) with a Stable Outlook of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group.
POLAND: Generali Polska receives its first Top Employer certificate
Generali Polska was among the employers recognized by the Top Employers Institute in 2026. This is the first Top Employer certificate awarded to Generali Polska.
UZBEKISTAN: Kafolat’s IFS Rating affirmed by Fitch at 'BB-' with Positive Outlook
Fitch Ratings has affirmed Uzbekistan-based Kafolat Insurance Company's Insurer Financial Strength (IFS) Rating 'BB-' with Positive Outlook. Kafolat is among the top 3 insurers by premium volume in the Uzbek non-life insurance sector.
Robert Otto to step down as a member of Achmea’s Executive Board in April 2027 after fourteen years with the company
Robert Otto will step down as a member of Achmea’s Executive Board at the General Meeting on 15 April 2027. After fourteen years with Achmea, almost twelve of which as a member of the Executive Board, his third term as a board member will come to an end, the company announced on its website.
Insurance Europe welcomes EU push on climate resilience, urges focus on prevention, adaptation, and shared responsibility
Insurance Europe welcomes the European Commission’s Climate Resilience Framework, emphasizing prevention, adaptation and shared responsibility. As climate-related losses increase, the federation calls for resilience to become a strategic economic priority, firmly embedded in European public policy and decision-making.
EUROPE: 13th Joint ESAs Consumer Protection Day to address fair access, consumer redress and AI-driven financial advice
The 13th Joint European Supervisory Authorities (ESAs) Consumer Protection Day will take place on 4 November 2026 in Rome, Italy, bringing together financial supervisors, industry representatives and consumer stakeholders to discuss key challenges for consumer protection in Europe's rapidly evolving financial markets.
FRANCE: Latest riots could cost insurers up to EUR 1.2 billion, Morningstar DBRS estimates
Insured losses from the latest wave of civil unrest in France are expected to remain below EUR 1.2 billion, according to Morningstar DBRS. While the financial impact would be significant for the French P&C insurance market, the rating agency considers the losses manageable and unlikely to materially affect major insurers' capital positions.
STATISTICS: CROATIA, 3Q 2026: non-life paid claims increased at twice the rate of GWP
According to data provided by HANFA – the Croatian Financial Services Supervisory Agency, at the end of September 2026 the total premium collected by the local insurers amounted to EUR 1.63 billion, of which EUR 0.25 billion (up 3.5% y-o-y) related to life insurance premium and EUR 1.38 billion (6.6% y-o-y growth) to non-life insurance premium.
STATISTICS: CYPRUS 1Q2026: New market leaders following the Eurobank Group companies mergers
The insurance market of Cyprus totaled EUR 372.96 million at the end of Q1 2026, up by 7.6% y-o-y, according to Insurance Association of Cyprus - IAC's data. Gross claims incurred decreased by 11.6% y-o-y to EUR 135.42 million, of which EUR 89.16 million - life indemnities (down by 0.7% y-o-y), EUR 46.26 million - non-life (down by about 27%).
STATISTICS: MONTENEGRO, 3Q 2026: claims outpaced premiums growth, especially in life and motor insurance
At the end of September 2026, the insurance market of Montenegro totaled EUR 127.34 million, 12.8% more y-o-y, while the value of paid claims by insurers totaled EUR 53.84 million, up by 17.45% y-o-y, according to the quarterly market data released by Insurance Supervision Agency.
AM Best affirms Credit Ratings of Sava Re
On October 22, 2026, AM Best affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Pozavarovalnica Sava d.d. (Sava Re) (Slovenia), the operating holding company of the Sava Insurance Group. The outlook of these Credit Ratings (ratings) is stable.
3 November 2026