News - Insurance
Allianz announced new CEO appointments at Allianz Partners and Allianz Direct
Allianz Group has announced new Chief Executive Officer (CEO) appointments at Allianz Partners and Allianz Direct, ensuring continuity and growth momentum following Tomas Kunzmann’s appointment to the Allianz SE Board of Management.
8 October 2026CYPRUS: 98% of losses from extreme weather events in Cyprus uninsured
According to the interim report for 2026 of the Fiscal Council, the historical uninsured rate of direct potential economic losses from extreme weather and climate events is estimated at 98% for the period from 1980 to 2024.
8 October 2026KAZAKHSTAN: Growth in life insurer profitability stalled in the first half of 2026
After several years of rising financial results, the profits of life insurance companies declined in the first half of 2026, with "regulatory profit" dropping several-fold. Furthermore, three major market players ended the first half of the year with a loss.
8 October 2026MOLDOVA: Market has growth potential but relies heavily on motor insurance
GWP reached MDL 3.54 billion in the second quarter of 2026. Meanwhile, insurance penetration stood at approximately 0.9% of GDP in 2025. Although the nominal market volume has nearly doubled from 2019, the share of insurance in the economy remains low, noted Veaceslav Ioniță, an economic policy expert at IDIS Viitorul.
8 October 2026MONTENEGRO: 5th annual conference of the EERIA held in Podgorica
The Insurance Supervision Agency (ANO), in cooperation with the Faculty of Economics of the University of Montenegro and the National Bureau of Insurers of Montenegro, supported the organization of the 5th annual conference of the Eastern European Risk and Insurance Association (EERIA), which was held in Podgorica, September 17-19, 2026.
8 October 2026POLAND: Bancassurance on the rise both in life and non-life insurance in 1H
In the first half of 2026, GWP from policies sold through banks reached PLN 4.1 billion (~EUR 0.95 billion), which was 39.1% more y-o-y. As a result, bancassurance's share increased to almost 19% of the entire life sector in Poland.
8 October 2026SERBIA: ”Key Trends 2026” conference: insurance industry has had stable and safe growth for 14 years
Improving cooperation between the financial and real sectors, new models of financing the economy and easier access to capital were the key topics of the second "Key Trends 2026" conference, organized by the Chamber of Commerce of Serbia, the Association of Banks of Serbia and the Association of Insurers of Serbia (UOS).
8 October 2026Turab Hussain appointed as Executive Vice President and Chief Risk Officer of AIG
American International Group (AIG) has announced the appointment of Turab Hussain as Executive Vice President and Chief Risk Officer of AIG, effective October 12, 2026.
8 October 2026TURKIYE: New medium-term economic plan to open up significant opportunities for the insurance sector
The new Medium-Term Programme (MTP), released by the Turkish government, opens up significant opportunities for the insurance sector, according to Mr. Ahmet Yasar, President of the Insurance Association of Turkiye (TSB).
8 October 2026UKRAINE: MTPL generated over 50% of TAS Group’s GWP and paid claims in January–August
TAS Group, the leader of Ukraine’s non-life insurance market, collected UAH 5.45 billion (~EUR 0.11 billion) during January–August 2026, which is 9.4% more y-o-y.
8 October 2026Zurich completes its acquisition of Beazley to create world's largest specialty insurance business
Zurich Insurance Group (Zurich) has announced the completion of its acquisition of Beazley Plc (Beazley), bringing together two highly complementary businesses to create the world's largest specialty insurance business, headquartered in London.
8 October 2026KAZAKHSTAN: XVII International Conference "Insurance in Central Asia": Market, Risks, Data and Technology
The XVII International Conference “Insurance in Central Asia” took place in Almaty on 23–24 September 2026. Over two days, representatives of insurance and reinsurance companies, professional associations, rating agencies, financial institutions and technology businesses discussed how the region’s insurance market is changing under the influence of new risks, regulation, digitalization and shifting customer demand.
8 October 2026ExploRe & ReConnext 2027 opens registration for Antalya
Registration is now open for ExploRe & ReConnext 2027, which will bring the international (re)insurance community back to Antalya, Türkiye, on 21–24 March 2027.
2 October 2026EIOPA Assesses Climate Risks for Life, Health and Pensions
The European Insurance and Occupational Pensions Authority (EIOPA) published a report on climate change impacts on life and health and potential risks for the insurance and IORP sectors. The report identifies extreme heat as the leading climate-related liability risk for the sectors.
1 October 2026STATISTICS: SERBIA 1H2026: stable growth while the insurance gap still persists
Serbian insurers ended 1H2026 with total GWP worth RSD 104.32 billion (EUR 888.85 million), which is 6.87% more y-o-y in local currency, according to the end-quarter statistics published by the National Bank of Serbia (NBS).
1 October 2026STATISTICS: SLOVAKIA 1H2026: steady market growth, but claims increase faster than premiums
GWP by the insurers domiciled in Slovakia amounted, according to the official statistics of the Slovak National Bank, to EUR 1.19 billion in H1 2026, which is by 5.24% more y-o-y.
1 October 2026STATISTICS: BULGARIA 1H2026: Slowly recovering after the last year’s DallBogg shock
Bulgarian insurance market reported Q1 2026 GWP worth EUR 1.42 billion, which is 1.74% more y-o-y, according to the official quarterly figures published on Financial Supervisory Commission.
1 October 2026CROATIA: Judicial Experts Congress to address AI, risk assessment and complex claims
The 9th Congress of Judicial Experts of the Republic of Croatia will take place on October 2-3, 2026, at the Westin Hotel in Zagreb, bringing together more than 1,000 participants and over 60 speakers to discuss the growing role of expert assessment in judicial proceedings and a wide range of economic, technological and risk-related issues.
1 October 2026VIG Re: Catrina Gemmerich to succeed Stephan Wirz as Chief Business Officer
VIG Re has announced a change in its Board of Management, with Catrina Gemmerich set to succeed Stephan Wirz as Chief Business Officer (CBO) as of March 1, 2027, subject to regulatory approval. Wirz will complete his mandate as Board Member and CBO on the same date, following a structured handover period.
1 October 2026WTW appoints Andy Chang to drive growth across global Direct & Facultative business
Willis, a WTW business, announced that Andy Chang has joined its global Direct & Facultative business as Growth Leader, based in Miami.
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