News - Insurance
AFES announces important changes to the management team
As of the beginning of March 2026, Ms Desislava Krasteva and Mr Milen Minchev stepped down from the Board of Directors and simultaneously Ms Krasteva resigned from her role as CEO.
ROMANIA, UNSAR: Life insurers paid RON 1.5 billion to Romanians in 2025, marking a new industry peak
Life insurers in Romania paid out approximately RON 1.5 billion (around EUR 300 million) in benefits to policyholders and beneficiaries in 2025, according to data released by the National Union of Insurance and Reinsurance Companies of Romania (UNSAR). The figure marks a new record for the local life insurance market, underlining its growing role in providing financial protection.
STATISTICS: RUSSIA, FY2025: Insurance market growth continues, albeit at a slower pace
In 2025, the insurance market continued to grow, though at a slower pace compared to 2024. The market expanded by 6.90%, reaching RUB 3.97 trillion (EUR 43.18 billion), as noted by the Central Bank in its review of key insurer performance indicators.
Guy Carpenter: Ian Bartholomew appointed as Global Head of Parametric Advisory
Guy Carpenter, a business of Marsh and a leading global risk and reinsurance specialist, appointed Ian Bartholomew PhD as Global Head of Parametric Advisory, effective June 1, 2026.
Torsten Leue reappointed as Chairman of the Board of Management of Talanx ahead of schedule until June 2030
The Supervisory Board of Talanx AG decided to reappoint Torsten Leue as Chairman of the Board of Management of Talanx AG, extending his contract ahead of schedule until June 2030.
Allianz Life recognized one of the 2026 World’s Most Ethical Companies®
Allianz Life Insurance Company of North America (Allianz Life) has been recognized as one of the 2026 World’s Most Ethical Companies® by Ethisphere for the seventh consecutive year.
ARMENIA: MTPL loss ratio reaches 80.2% in first two months of 2026
In the Armenian insurance market, MTPL loss ratio began to rise in 2026, reaching 80.2% in the first two months of the year (vs 77.5% in January–February 2025), following a decline throughout 2025 that saw it drop from 81.8% to 76.3%.
ARMENIA: Prime Insurance Brokers registered as an accredited Lloyd's broker
The Armenian firm Prime Insurance Brokers LLC—the country's first insurance and reinsurance broker (founded in 1995)—has officially obtained accreditation from Lloyd's and has been registered as an accredited Lloyd's broker.
GREECE: Intersalonika wins eight awards at the Digital Finance Awards 2026
At the Digital Finance Awards 2026, INTERSALONIKA confirmed its leading position in the digital transformation of the insurance industry, winning eight awards, including the top Grand Award "Digital Insurance Company of the Year" for the second consecutive year, insuranceforum.gr writes.
Groupama reports very solid results for 2025 with economic operating income up 22.8%
Combined premium income of the French insurer Groupama at 31 December 2025 stood at EUR 20.0 billion, up +8.4% from 31 December 2024. Growth was recorded across all the Group’s activities:
Lloyd’s market delivers strong results in 2025 underpinned by underwriting performance, disciplined growth, and resilient investment returns
The Lloyd’s market produced strong results in 2025 with profits of GBP 10.6 billion (+10.1%), gross written premium of GBP 57.9 billion (+4.2%) and a combined ratio of 87.6% (+0.7pp), according to a recent press release.
ROMANIA: Allianz-Țiriac reports a GWP 5.5% rise in 2025
GWP of the Romanian insurer Allianz-Tiriac Asigurari, part of Germany's Allianz Group, in 2025 increased by 5.5% y-o-y, reaching nearly RON 4 billion (EUR 784.9 million), SeeNews reports.
Strategic collaboration of McGill and Partners and AIG for the subscription market sets a new industry benchmark
McGill and Partners and American International Group, Inc. (AIG) announced a significant strategic collaboration for the subscription market that will provide clients with seamless access to exceptional insurance solutions, backed by long-term, high-quality insurance capacity and capital.
Talanx Group reports record net income in 2025 and increases dividend by 33%
Talanx Group reported record net income in 2025. The Group increased its insurance revenue adjusted for currency effects by 5% (growth in EUR: 2%) to EUR 49.0 (48.1) billion and Group net income by 25% to EUR 2,480 (1,977) million.
TURKIYE: Milli Re reports a rise in net profits in 2025 by 65%
Milli Reasurans (Milli Re) has posted a 65% surge in net profits to TRY 9.78 billion (USD 221.1 million) for FY2025 compared to 2024. GWP totaled TRY 16.2 billion in 2025, which is around 10% more y-o-y, Middle East Insurance Review wrote.
UKRAINE: MTPL paid claims in January–February 2026 rise by nearly 80%
In January and February 2026, Ukrainian insurance companies paid out over UAH 1.68 billion (~EUR 33.21 million) to victims of traffic accidents under MTPL policies, which represents a 79.6% increase y-o-y (vs UAH 935 million a year ago), Forinsurer writes, citing a report by the MTIBU (Motor Transport Insurance Bureau of Ukraine).
EERIA Summer School 2026 to bring insurance professionals to Ohrid this June
The EERIA Summer School 2026 will take place on 22–26 June 2026 in Ohrid, continuing its tradition of fostering dialogue and knowledge exchange across the insurance sector.
ExploRe & ReConnext 2026: Agenda Now Live, Networking Tools Open for Participants
The agenda for the upcoming ExploRe & ReConnext Global (Re)Insurance Summit 2026 (29 March – 1 April, Antalya) is now officially live, offering participants a comprehensive overview of the discussions shaping the future of the global (re)insurance industry.
Allianz SE announces new leadership and portfolio changes within its Board of Management
The Supervisory Board of Allianz SE announced new leadership and portfolio changes within the Allianz SE Board of Management, highlighting the company's strategic development and succession planning as well as its deep talent pipeline.
Nick Studer to become President and CEO of Marsh Risk and Martin South to take a role as Chief Client Officer of Marsh
Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, announced that Nick Studer will become President and CEO of Marsh Risk, succeeding Martin South.
26 March 2026