News - Insurance
Chubb 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 2026Aon delivers 5% organic revenue growth in the second quarter
Aon, a leading global professional services firm, delivered another quarter of strong performance, including 2% total revenue growth, 5% organic revenue growth and operating margin expansion, the company said in its second-quarter 2026 report.
4 August 2026ARMENIA: MTPL loss ratio declines, while cost of the policy rises helping to offset inflation risks
In the Armenian insurance market, the MTPL loss ratio fell to 72.1% in the first half of 2026, down from 73.3% in the same period last year, ArmInfo reports.
4 August 2026ARMENIA: Insurance sector’s tax payments rise 2.8-fold in 1H2026
Armenia's insurance sector increased tax payments to the state budget 2.8-fold in the first half of 2026, reaching nearly AMD 1.7 billion (~EUR 4.36 million).
4 August 2026AZERBAIJAN: In 2Q2026 three largest insurers generated over 71% of the insurance sector's total net profit
The net profit of Azerbaijani insurance companies in the second quarter of 2026 amounted to AZN 90.6 million (~EUR 46.71 million), which is 12% more y-o-y, according to Trend.
4 August 2026BULGARIA: Nina Kolchakova: Interest in agricultural insurance is growing
More and more agricultural producers are buying insurance, and the increasing frequency of natural disasters is one of the main reasons for the growing interest in agricultural insurance, according to Nina Kolchakova, Secretary General of the Association of Bulgarian Insurers (ABZ), the Association wrote.
4 August 2026Fitch affirmed Generali's IFS Rating at 'AA-' with a stable outlook
In July, Fitch Ratings affirmed Generali and its core subsidiaries' Insurer Financial Strength (IFS) Ratings at 'AA-'. The agency also affirmed Generali's Long-Term Issuer Default Rating (IDR) at 'A+'. The Outlooks are Stable.
4 August 2026MONTENEGRO: A new company enters the non-life insurance market in Montenegro
The Insurance Supervision Agency (ANO) of Montenegro has issued a decision granting the non-life insurance company Wiener städtische osiguranje Podgorica Vienna insurance group a license to conduct non-life insurance business, ANO said on its website.
4 August 2026MONTENEGRO: Montenegro's top insurer reports EUR 3.17 million in net profit in 1H2026
Montenegro's top insurer Lovcen Osiguranje, part of Slovenia's Triglav Group, has reported that its consolidated net profit rose to EUR 3.17 million in the first half of 2026, from EUR 2.97 million a year earlier, SeeNews reports.
4 August 2026Munich Re posts preliminary net profit of EUR 2.2 billion for the second quarter
Munich Re recorded a strong second quarter 2026. The Group’s preliminary net profit of approximately EUR 2.2 billion significantly surpassed analysts’ consensus estimate of EUR 1.786 billion for 2Q2026, according to the Group’s press release.
4 August 2026POLAND: UNIQA among the best employers in Poland
For the fifth consecutive time, UNIQA has been named one of the best employers in Poland in Forbes' "Best Employers 2026" ranking. The company ranked third among insurers, Gazeta Ubezpieczeniowa (Insurance Gazette) wrote.
4 August 2026S&P affirmed Sava Re's and Zavarovalnica Sava's 'A+' ratings
On 31 of July, S&P Global Ratings (Agency) published its latest credit ratings for Sava Re d.d. and Zavarovalnica Sava d.d., affirming their long-term issuer credit and financial strength ratings at “A+” with a stable outlook. The Agency also affirmed the “A-” issue ratings on two of Sava Re’s junior subordinated outstanding bonds.
4 August 2026SCOR records EUR 171 million net income in the second quarter supported by all business activities
SCOR recorded EUR 171 million net income (EUR 188 million adjusted) in 2Q2026, supported by all business activities, according to the company’s press release.
4 August 2026TURKIYE: MoD continues to demonstrate resilience despite persistent inflation, intense price competition and evolving vehicle technologies
Fierce competition, persistent inflation and the rise of electric vehicles are reshaping Turkiye’s motor insurance market. So, to stay ahead, motor insurers are leveraging data platforms and fraud-detection tools, according to Mr Bulent Karan, General Director of the Turkish Motor Insurers Bureau, Middle East Insurance Review reports.
4 August 2026TURKIYE: Number of insurance fraud reports drops in 1H2026, yet fraud attempts continue to pose a significant risk to the insurance sector
The number of insurance fraud reports fell by 12.4% in the first half of this year, compared to the corresponding half of 2025, according to data from the Insurance Fraud Prevention Bureau (SISEB) of the Insurance Information and Monitoring Centre, Middle East Insurance Review reports.
4 August 2026WTW delivers solid second quarter results, revenue rises 9%
The revenue of WTW, a leading global advisory, broking and solutions company, for the second quarter was USD 2.47 billion, an increase of 9% compared to USD 2.26 billion for the same period in the prior year.
4 August 2026AXA delivers outstanding performance in the first half of 2026
Total gross written premiums & other revenues of AXA in 1H2026 were up +5%, driven by Life & Health (+8%) and Property & Casualty (+3%), AXA said in its report.
4 August 2026Chubb reports a very strong quarter
The net income of Chubb Limited for the quarter ended June 30, 2026, was USD 2.85 billion, and core operating income was USD 2.84 billion. For the six months ended June 30, 2026, net income was USD 5.17 billion, and core operating income was USD 5.53 billion, Chubb announced on its website.
4 August 2026
