News - Insurance
ALBANIA: Insurance market rises 3% in January-July
The total GWP of Albanian insurers rose by 3% y-o-y to ALL 15.9 billion (EUR 172 million) in the first seven months of the year, according to the Albanian Financial Supervisory Authority (AFSA), SeeNews reports.
1 September 2026ARMENIA: MTPL GWP and paid claims continue to rise, while those for health insurance decline
MTPL GWP y-o-y growth accelerated from 16% to 18.5%, whereas health insurance saw a sharp decline—switching from a 4.7% increase a year ago to a 34.7% decrease in the first half of 2026.
1 September 2026AZERBAIJAN: In January-July, GWP rise by 7.3%, while paid claims increase by nearly 27%
According to the Central Bank of Azerbaijan, insurance companies operating in the country collected premiums totaling AZN 1,006.4 million (~EUR 514.41 million) in January–July, which is 7.3% more y-o-y, according to Trend. Meanwhile, paid claims reached AZN 671.4 million, representing a y-o-y increase of 26.9%, the Central Bank stated.
1 September 2026CROATIA: In January-July insurance market rises almost 7%
In the first seven months of this year Croatia-based insurers reported overall collected premiums of EUR 1.3 billion, up 6.9% on the year, SeeNews writes.
1 September 2026ESTONIA: The number of traffic insurance cases rises 14% in the first half of 2026, yet fewer people injured
In the first half of 2026, there were 17,851 traffic insurance incidents in Estonia, which is 14% more y-o-y. According to Tuuli Pärenson, Chairman of the Board of the Estonian Motor Insurance Fund (LKF), the figures for the first half of the year show that traffic accidents are an everyday reality in Estonia.
1 September 2026KAZAKHSTAN: Insurance market development program through 2030 to require comprehensive restructuring of insurance ecosystem
The insurance market should be viewed not merely as a mechanism for risk protection, but also as a source of long-term capital and an institution fostering shared responsibility among the state, citizens, and businesses, stated Nurzhan Tursunkhanov, Deputy Chairman of the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan.
1 September 2026LATVIA: Total amount of reserved claims after storm exceeds EUR 8 million
Insurers have so far received more than 4,800 insurance claims following the weekend storm, according to data compiled by the Latvian Insurers Association (LAA). They already have paid EUR 424,000 for the losses caused by the storm, while total amount of reserved claims reaches EUR 8.05 million.
1 September 2026UKRAINE: From January to July, MTPL records a rise, while Green Card segment declines
In the first seven months of the year, insurers collected nearly UAH 14 billion (~EUR 0.28 billion) in MTPL, which is 10.5% more y-o-y. Worth noting that premiums from electronic contracts totaled UAH 13.97 billion, meaning the share of the electronic sales channel approached 100%, Forinsurer writes.
1 September 2026UKRAINE: Insurers' reserves for reported war-risk losses near UAH 1 billion in the first half of the year
In the first half of 2026, insurance companies paid out UAH 176.5 million in war-risk claims to clients, with the bulk of these payments occurring in the second quarter. Insurers paid out UAH 129.4 million during the April–June period, vs UAH 47.1 million in the first quarter, reports Forinsurer.
1 September 2026UKRAINE: TAS Group ratings affirmed at uaAA+
The rating agency IBI-Rating has affirmed the TAS Group’s long-term credit rating on the national scale at uaAA+ with a stable outlook, Forinsurer reports. The agency also affirmed the Group’s financial strength rating at uaAA+ifr.
1 September 2026STATISTICS: ESTONIA, 1H2026: positive market trend, but claims expenses increase faster than premiums
Estonian insurers posted 1H2026 aggregate GWP worth EUR 349.49 million, up by 2% y-o-y, according to the market figures published by the Estonian National Statistics Board. Total paid claims by local insurers also increased, reaching EUR 217.09 million, 6.3% up y-o-y.
27 August 2026STATISTICS: LITHUANIA, 1H2026: growth slowdown, but double-digit increase in paid claims
According to the market figures published by the Bank of Lithuania, during first half of 2026, the Lithuanian insurance market grew by 3.7% y-o-y to EUR 893.07 million, a result that indicate a slightly slowdown in growth in comparison with Q1.
27 August 2026STATISTICS: NORTH MACEDONIA, 1H2026: market remains in negative territory, driven by property insurance lines
Insurers of North Macedonia have written gross premiums worth EUR 154.15 million in the first half of 2026, which is 0.6% less y-o-y, while paid claims increased by ~2.8%, to EUR 55.34 million. While the market trend remains slightly negative, it improved in comparison with the first quarter of the year.
27 August 2026ROMANIA: Multitasking, speed and aggressive driving are the main causes of road accidents
Multitasking, inappropriate speed and failure to give way are among the main causes behind road accidents reflected in Romanian MTPL and Motor Hull claims, according to UNSAR – the National Union of Insurance and Reinsurance Companies in Romania.
27 August 2026VIG Group, 1H2026: improved dynamics and strong increase in profits across the CEE region
VIG Group reported strong results for 1H2026, with profit before tax up 20.7% to EUR 641.5 million and gross written premiums rising 5.4% to EUR 9.0 billion. The net combined ratio improved to 91.4%, while the Group maintained a strong 272% solvency ratio.
27 August 2026STATISTICS: ARMENIA, 1H2026: Motor insurance generated almost 56% of all premiums
Armenia's insurance sector generated AMD 41.93 billion (EUR 99.96 million) in the first half of 2026, up only 1.10% y-o-y. However, in euros, market growth was significantly higher (+8.66%). Paid claims in local currency increased by 8.73%, reaching AMD 23.31 billion (EUR 55.59 million), according to data from the Financial Rating of Insurance Companies provided to ArmInfo.
27 August 2026Aon appoints Nadin Virani as Interim CFO effective immediately
Aon, a leading global professional services firm, has announced that Edmund Reese will transition from his role as Executive Vice President and Chief Financial Officer, effective immediately, to pursue opportunities outside the firm.
27 August 2026Duncan Russell to step down as Aegon’s Chief Financial Officer
In connection with the planned move of Aegon’s head office and legal seat to the United States, Aegon has agreed with Duncan Russell that he will step down as Chief Financial Officer and leave the company in April 2027. Aegon has initiated a search for his successor, the company announced on its website.
27 August 2026Guy Carpenter appoints David Duffy as Global Property Leader and Chris Ross as Global Casualty Leader
Guy Carpenter, a business of Marsh and a leading global risk and reinsurance specialist, has announced the appointments of David Duffy as Global Property Leader and Chris Ross as Global Casualty Leader, effective immediately.
27 August 2026Piotr Matczuk appointed to PZU SA management board
On August 19, 2026, the PZU SA Supervisory Board, adopted a resolution appointing Piotr Matczuk to the company's management board.
27 August 2026
