The regional insurance market in Eurasia grew by only 7.36% in euros at the end of 1Q2026, reaching EUR 12.30 billion, according to xprimm statistics.
Uzbekistan, Kyrgyzstan, and Georgia demonstrated double-digit growth rates, with Uzbekistan recording the highest premium growth (+51.32%). The Armenian market remained virtually unchanged from a year ago, while Azerbaijan's declined slightly (-0.24%). The market of the region's leader, Russia, grew by 6.86% in euros, maintaining its share of the region at approximately 82%.
Claims at the regional level increased by 12.20%, reaching EUR 8.26 billion. Most countries in the region reported double-digit growth in paid claims by the end of the quarter, except for Georgia. Kyrgyzstan recorded the largest increase in payments (+37.81%).
*no data for Turkmenistan and Tajikistan, also Estonia, Latvia and Lithuania not included in the regional analysis
Access xprimm.com and download EURASIA regional insurance market statistics for 1Q2026 (in EUR).
STATISTICS: EURASIA, 1Q2026: Claims growth significantly outpaces premiums
4 August 2026 — Marina MAGNAVAL
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