As Europe seeks solutions to strengthen its global competitiveness, proposals have emerged to give financial supervisors an explicit competitiveness mandate. However, according to a recent article published by the European Insurance and Occupational Pensions Authority (EIOPA), such a move would largely miss the root causes of Europe’s economic challenges.

The governance reform process launched by the Italian Insurance Association (ANIA) in 2025 has reached its final milestone with the appointment of Andrea BERTALOT as Director General, a newly established position introduced under the Association’s revised statutes, which entered into force in December 2025.

Aegon CEO, Lard Friese, was appointed Chair of the global association for insurance companies at its spring 2026 board meeting on June 3, the Geneva Association announced, Aegon said on its website.

Jan-Oliver Thofern, CEO of Reinsurance and chairman of the country board for Aon in Germany, will retire from the firm effective January 1, 2027, Aon, a leading global professional services firm, has announced.

The insurance market grew by 7% in the first quarter of 2026. Poles purchased insurance worth PLN 23.9 billion (EUR 5.57 billion), out of which PLN 6.7 billion for life insurance (+13.3%) and PLN 17.2 billion for property insurance (+4.8%). The sector's financial result fell by PLN 80 million to PLN 2 billion (EUR 466.26 million).

From January to March 2026, the insurance market grew by 11.37% to RUB 941.55 billion (EUR 10.07 billion), according to data published by the Central Bank.

In the circumstances of geopolitical tensions, increasingly pronounced climate change, the accelerated use of AI, and strong inflationary pressures, Adris Group operated successfully. Revenue, operating profit and net profit grew. Over EUR 180 million were invested and an "ambitious three-year investment cycle" worth almost EUR 500 million continued, said the CEO of Adris Group, Marko Remenar.

From January to April of this year, life insurance in Azerbaijan totaled AZN 371.53 million (~EUR 187.64 million), which is 9.9% more y-o-y, Trend reports, citing the Central Bank of Azerbaijan.

The shareholders of Croatia osiguranje approved the payment of almost EUR 49.1 million in dividends from profits generated in 2025, osiguranje.hr reported.

Fitch Ratings has affirmed Eurohold Bulgaria AD's (Eurohold) Long-Term Issuer Default Rating (IDR) at 'B’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable.

In the first three months of this year, net profit in the insurance sector increased by 19.2%, from GEL 26 million to GEL 31 million (~EUR 10 million), Business Georgia reports.

Insurance coverage for natural disaster risks remains below 25% in Europe. In Greece, it has been below 5% since 1980, mainly due to the underestimation of risk by citizens, but also the expectation that the state will always cover any damage, Petra Hielkema, President of the European Insurance and Occupational Pensions Authority (EIOPA), said at the NatCat Summit.

Insurance sector assets increased by 5.8% from January to April of this year, to KZT 4.1 trillion (~EUR 7.59 billion), primarily driven by an increase in securities. As of May 1, 2026, securities accounted for the largest share of assets – 73.7% (KZT 3.0 trillion), kapital.kz writes, citing a report from the Agency for Regulation and Development of the Financial Market.

The accident insurance market has been growing dynamically in all Baltic countries over the past three years. Compared to 2023, premiums or customer contributions has increased by 39% in Lithuania, 25% in Latvia, and 19% in Estonia, according to data compiled by the Latvian Insurers Association (LAA).

Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, has announced a collaboration with Cambridge-based Kirontech, a claims risk intelligence company that uses AI-enabled technology to strengthen payment integrity and improve patient outcomes.

Monopoli Sigorta Aracilik Hizmetleri (Monopoli Sigorta), one of Turkiye's most established insurance brokers, and Acrisure, a leading global insurance and financial services network, have announced a strategic partnership through which Monopoli Sigorta will join Acrisure's international platform, Middle East Insurance Review reports.

Motor Hull in Ukraine remains one of the largest segments of the insurance market. In 1Q2026, insurers continued to expand Motor Hull, despite challenging vehicle operating conditions, rising repair costs, and a high frequency of losses. According to Insurance TOP, Motor Hull exceeded UAH 4 billion (EUR 83.39 million), Forinsurer reports.

According to the National Bank of Ukraine (NBU), in the first quarter of 2026, 10 life insurers increased their assets, insurance premiums, and significantly improved their financial results. At the same time, the revenue structure shows that investment activities remain the key source of profitability, while insurance activities remain less profitable, Forinsurer reports.

On 9 June, the Bulgaria's Financial Supervision decided to withdraw the license of ZAD DallBogg: Life and Health AD. The FSC and National Competent Authorities in whose markets ZAD DallBogg: Life and Health AD distributed its products have been cooperating closely to protect the interests of consumers across the EU single market, EIOPA announced.

Arch Insurance International has appointed Kendra Felisky as Chair of the Boards of Arch Insurance (UK) Limited (AIUK) and Arch Managing Agency Limited (AMAL), succeeding Patrick Storey, who is retiring from the role.