News - Insurance
ESTONIA: The tax benefit limit doesn’t allow for adequate health insurance coverage
In Estonia, 10% of employees have employer health insurance, at that the share of employer health insurance in total market premiums is 2%.
Hannover Re generates a very good Group profit in the first nine months
Hannover Re generated a very good Group profit in the first nine months and is revising its full-year guidance. Among other things, the company is raising its projected Group net income to around EUR 2.6 billion. Group net income for the 2026 financial year is expected to reach at least EUR 2.7 billion, the Group announced.
KAZAKHSTAN: Igor Yakovenko re-elected as insurance ombudsman
On November 7, 2025, by decision of the Commission of the Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, Igor Yakovenko was re-elected as insurance ombudsman for a three-year term, the Agency reports.
KBC Group records an excellent net profit of EUR 1 002 million in the third quarter of 2025
In 3Q2025 net interest income of the KBC Group increased by 1% quarter-on-quarter and by 10% year-on-year. The net interest margin for the quarter under review amounted to 2.05%, down 3 basis points on the previous quarter and 4 basis points year-on-year.
KYRGYZSTAN: MTPL generated the largest share of GSO’s paid claims over the past 10 months
The State Insurance Organization (GSO), the leader in the insurance market of Kyrgyzstan, paid out over KGS 108.8 million (~EUR 1.07 million) to citizens in the first ten months of 2025, for.kg reports.
MOLDOVA: NBM actively supports technological transformation in the insurance sector
Constantin Șchendra, Deputy Governor of the National Bank of Moldova (NBM), participated in the 2025 edition of the Insurance Conference of the Republic of Moldova on November 18, co-organized by BNAA (National Motor Insurers Bureau of Moldova) and XPRIMM.
Sava Insurance Group’s net profit rises 36.1% y-o-y meeting the Group’s full-year 2025 profit target after 9 months
After 9 months of 2025 the business volume of the Sava Insurance Group grew by 8.0% to EUR 879.6 million, with all operating segments contributing to this growth, led by higher gross written premiums in non-life insurance and reinsurance, the Group said.
Successful completion of the integration of the former Liberty Seguros further strengthens Generali’s position as a leading European insurer
Generali has completed the legal integration of the former Liberty Seguros, acquired in January 2024. According to the press release, the transaction, largest for the Group in a decade, further strengthens Generali’s position as a leading European insurer.
PZU Group 9M2025: Insurance business generated nearly 70% of net profit
After three quarters of this year, the PZU Group increased its gross insurance revenue to PLN 23.1 billion. During the reporting period, it generated a net profit attributable to shareholders of the parent company of over PLN 5.2 billion (+42.7% y-o-y). The adjusted return on equity (aROE) at the end of September was 22.1%, the company announced.
Triglav Group improves profitability across all regional markets and delivers very strong business results in 9M2025
Triglav Group recorded strong performance in 9M2025, its total business volume increased by 36% year-on-year, reaching EUR 1,769.8 million, primarily driven by growth in gross written premium on international insurance and reinsurance markets, the Group said.
STATISTICS: ROMANIA 1H2025: double-digit growth for the life insurance segment
Romanian insurance market ended 1H2025 with gross written premium worth EUR 2.43 billion, by 6.3% more y-o-y. Life insurance totaled GWP of EUR 508.8 million, 18.3% up y-o-y, its share in the market portfolio increasing by 2 percentage points, to 20.94%. The non-life segment increased by 3.5%, to EUR 1.92 billion. The results include both domestic insurers and FOE/FOS players’ business results.
European insurers ready to support the new EU Supplementary Pensions Package reach its goals
The European Commission (EC)’s proposals, published as part of the Savings and Investments Union (SIU) Strategy, are important steps toward further developing supplementary pensions across the EU.
OAK Enterprise receives regulatory approval to write business from 1st January 2026 under the Lloyd’s umbrella
OAK Global, a leading risk partner, announced this week that it has received permission to underwrite from Lloyd’s for Syndicate 1440. The new syndicate will operate as the strategic business unit OAK Enterprise, providing property and specialty retrocession capacity to clients for business incepting from 1st January 2026.
UNIQA, 3Q2025: Profit rises by 26%, to EUR 333 million; increased outlook confirmed
Premiums written at UNIQA Insurance Group AG, including savings portions from unit-linked and index-linked life insurance, rose by 9.2% to EUR 6,411 million in the first nine months of 2025 compared with the same period of the previous. Significant contributions to growth came from all segments, especially property and casualty insurance. The health and life insurance business lines also posted solid gains.
Vienna Insurance Group raises the bar to over EUR 1 billion for full year 2025
Based on the outstanding Q1-Q3 Group result before taxes of about EUR 873 million (more than plus 30% compared to the previous period), Vienna Insurance Group expects the full-year Group result before taxes to exceed the previously communicated range of EUR 950 million to EUR 1 billion.
STATISTICS: BULGARIA, 1H2025: non-life premiums up by almost 20% y-o-y
Bulgarian insurance market reported 1H 2025 GWP worth BGN 2.73 billion (EUR 1.39 billion), up 17% y-o-y, according to the official quarterly figures published on Financial Supervisory Commission.
STATISTICS: TAJIKISTAN, 3Q2025: Insurance sector’s assets grow by nearly 29%
Total GWP for the first nine months of the year amounted to TJS 310.5 million (EUR 28.21 million), which is 8.95% more y-o-y. It’s worth noting that in euros the market growth was double-digit thanks to a more favorable exchange rate compared to 3Q2024.
STATISTICS: KYRGYZSTAN, 3Q2025: the number of contracts reached 2.58 million units, setting a record for the insurance market
The insurance sector as of September 30, 2025, amounted to KGS 7,465.35 million (EUR 72.85 million), which is 99.88% more y-o-y, as data published by the Service for regulation and supervision of the financial market of Kyrgyzstan show.
Lloyd’s announces changes to its Council membership
Lloyd’s, the world’s leading insurance and reinsurance market for global risk, has announced changes to its Council membership following elections to fill two working member vacancies, the company said in its press release.
Louie Clarke appointed as new Global Head of Claims Strategy & Execution at Willis
Willis, a WTW business, has appointed Louie Clarke as Global Head of Claims Strategy & Execution within the company’s Risk & Broking business, according to the press release.
25 November 2025