News - Insurance
LITHUANIA: Crop damage due to extreme summer weather reach at least 50,000 hectares
In Lithuania, total crop damage due to extreme summer weather has reached at least 50,000 hectares, BELTA reports, citing Lithuanian media.
11 August 2026STATISTICS: BULGARIA 1Q 2026: market results affected by the exclusion of DallBogg from the official market statistics
Bulgarian insurance market reported Q1 2026 GWP worth EUR 695.75 billion, which is 0.4% less y-o-y, according to the official quarterly figures published on Financial Supervisory Commission website.
6 August 2026AM Best affirms Bosna Re ratings with stable outlook
AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of "bbb-" (Good) of Bosna Reosiguranje d.d. Sarajevo (Bosna Re). The outlook for both ratings remains stable.
6 August 2026Swiss Re: Velina Peneva appointed CEO L&H Re; Martin Zingg appointed Group CIO
Swiss Re appointed Velina Peneva, currently Group Chief Investment Officer, as CEO L&H Re, while Martin Zingg, currently Group Head Corporate Development & Capital Markets, was appointed Group Chief Investment Officer and member of the Group Executive Committee.
6 August 2026ROMANIA: Property insurance claims rise 19% in Q1 2026
Romanian insurers paid EUR 33.3 million in claims during Q1 2026 for the repair of insured properties, according to official data published by the Financial Supervisory Authority (ASF) and quoted by UNSAR. The amount is approximately 19% higher y-o-y, reflecting both the rising costs of unforeseen events and the increasingly important role of insurance in protecting property.
6 August 2026Sava Re shares rise on reports of KBC's interest in Slovenian market
Shares of Sava Re gained 4.51% over the past week on the Ljubljana Stock Exchange, amid market speculation that Belgian banking group KBC is considering a return to the Slovenian market, SeeBiz.eu wrote.
6 August 2026Swiss Re, 1H 2026: 9% increase in net income to USD 2.8 billion; full-year target confirmed at USD 4.5 billion
Swiss Re reported a net income of USD 1.3 billion for Q2 2026, bringing first-half net income to USD 2.8 billion. The result demonstrates improved earnings generation across all three Business Units, putting Swiss Re well on track towards its USD 4.5 billion full-year 2026 target.
6 August 2026Zurich reports record H1 2026 earnings driven by Specialty, Life and P&C growth
Zurich Insurance Group delivered a strong set of results for 1H 2026, reporting net income attributable to shareholders of USD 3.5 billion, up 14% y-o-y, while business operating profit (BOP) reached a record USD 4.8 billion, an increase of 13%.
6 August 2026STATISTICS: SLOVAKIA 1Q2026: positive evolution in underwriting and decreasing claims expenses on most lines
GWP by the insurers domiciled in Slovakia amounted, according to the official statistics of the Slovak National Bank, to EUR 615.9 million in Q1 2026, which is by 6.86% less y-o-y.
6 August 2026STATISTICS: SERBIA 1Q2026: motor and property insurance are setting the market trend
Serbian insurers ended 1Q2026 with total GWP worth RSD 50.22 billion (EUR 427.73 million), which is 11.4% more y-o-y, according to the end-quarter statistics published by the National Bank of Serbia (NBS).
6 August 2026STATISTICS: LATVIA 1Q2026: paid claims grew once again faster than premiums
Latvian insurers ended Q1 2026 with gross written premiums (GWP) worth EUR 403.84 million, 9.4% up y-o-y. Life insurance accounted for about 19.5% of this total, while motor insurance is the business segment with the largest participation to the market portfolio (~39% - MoD, MTPL and mandatory MTPL all together)
5 August 2026STATISTICS: CZECHIA, 1Q2026 (CNB): Strong growth, but still affected by claims inflation
According to the Czech National Bank data, Czech insurers ended Q1 2025 with GWP worth EUR 2.75 billion, 9.6% more y-o-y. Gross claims paid, including change in balance of technical provisions, have increased by 6.35%, to EUR 1.19 billion.
5 August 2026STATISTICS: BiH Q1 2025: almost 7% overall growth; in motor insurance, paid claims increase at a threefold higher pace than GWP
At the end of March 2026, the BiH insurance market totaled EUR 150.56 million (BAM 294.48 million), up by 6.94% y-o-y, as the local insurance agency – AZOBIH informed. At the same time, the value of claims paid by insurers expanded by 11.62% y-o-y to EUR 67.08 million.
5 August 2026UKRAINE: In 1H2026 MTPL market rises 7%, while Green Card market contracts by 1.52%
The Ukrainian MTPL market demonstrated positive dynamics across most key indicators in the first half of the year: GWP increased by 7% to UAH 11.74 billion (~EUR 0.24 billion), while paid claims rose by 95% to UAH 5.63 billion (~EUR 0.11 billion), Forinsurer writes, citing a report from the Motor Transport Insurance Bureau of Ukraine (MTIBU).
4 August 2026STATISTICS: EURASIA, 1Q2026: Claims growth significantly outpaces premiums
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.
4 August 2026STATISTICS: KYRGYZSTAN, 1Q2026: Over 87% of sector revenue comes from insurance premiums
In 1Q2026, Kyrgyzstan's insurance sector amounted to KGS 2,516.89 million (EUR 25.04 million), which is 61.53% more y-o-y, according to data published by the Service for regulation and supervision of the financial market of Kyrgyzstan. Total paid claims rose by 48.76% to KGS 475.04 million (EUR 4.73 million).
4 August 2026Allianz SE announced Board of Management changes in July
The Supervisory Board of Allianz SE and Günther Thallinger mutually agreed that Mr. Thallinger’s term as member of the Board of Management will conclude on December 31, 2026. Günther Thallinger joined the Allianz SE Board of Management in 2017, marking a ten-year tenure as a Board Member, Allianz announced in July.
4 August 2026Chubb Tempest Re had key leadership changes in July
In July Chubb Limited announced key executive appointments to its global reinsurance business, Chubb Tempest Re. James Wixtead, Senior Vice President, Chubb Group and President, Chubb Tempest Re Group, was named Executive Chairman.
4 August 2026Adris Group revenue up 9% and net operating profit up 18% in 1H2026
In the first half of 2026, Adris Group generated total consolidated revenue of EUR 574 million, up 9% compared to the first half of the previous year, the Group said in its report.
4 August 2026Allianz to acquire HSBC Life Singapore and enter a 15-year exclusive distribution partnership with HSBC Singapore
On July 24 Allianz Group (Allianz) and HSBC Holdings plc (HSBC Group), announced that Allianz, through its wholly owned subsidiary Allianz Asia Holding Pte Ltd, agreed to acquire HSBC Life Singapore Pte Ltd (HSBC Life Singapore), subject to regulatory approval.
4 August 2026
