News - Insurance
Arch insurance EU appoints Italy Branch Manager following Milan office launch
Arch Insurance EU (Arch) announced the appointment of Giacomo Mariani as Italy Branch Manager, subject to regulatory approval.
Liberty appoints Mylène Martin-Ahmine as Chief Operating Officer
Liberty Specialty Markets (Liberty), part of Liberty Mutual Insurance Group, announces the appointment of Mylène Martin-Ahmine as Chief Operating Officer, Liberty Europe. Martin-Ahmine will report into Pierre-Edouard Fraigneau, President, Liberty Europe.
Marsh appoints Jens Florian-Jansen as Head of Insurance Practice, Europe; Matthias Grass as President of Marsh Risk Germany
Marsh, a leading global professional services firm, today announced the appointment of Jens Florian-Jansen as Head of its Insurance Practice, Europe, effective immediately. Matthias Grass, formerly CFO of Swiss Re Corporate Solutions, succeeds Mr. Florian-Jansen as President of Marsh Risk Germany, effective immediately.
WTW becomes official insurance partner of WSL Football
WTW has become the official insurance partner of the Barclays Women’s Super League (BWSL) and WSL2 under a new multi-year partnership aimed at supporting the continued development and professionalization of women’s football.
STATISTICS: MOLDOVA, 1H2026: market rises by nearly 12%
Moldova's insurance sector grew by 11.63% in the first half of 2026, reaching MDL 1,778.26 million (EUR 88.26 million), according to data published by the National Bank of Moldova.
Marsh: Justin Ward appointed as CEO of Pacific, Guy Carpenter, and James Beedle to join Guy Carpenter Pacific’s board of directors
Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, has announced the appointment of Justin Ward as CEO of Pacific, Guy Carpenter, effective immediately.
ALBANIA: Insurance market rises 3% in January-July
The total GWP of Albanian insurers rose by 3% y-o-y to ALL 15.9 billion (EUR 172 million) in the first seven months of the year, according to the Albanian Financial Supervisory Authority (AFSA), SeeNews reports.
ARMENIA: MTPL GWP and paid claims continue to rise, while those for health insurance decline
MTPL GWP y-o-y growth accelerated from 16% to 18.5%, whereas health insurance saw a sharp decline—switching from a 4.7% increase a year ago to a 34.7% decrease in the first half of 2026.
AZERBAIJAN: In January-July, GWP rise by 7.3%, while paid claims increase by nearly 27%
According to the Central Bank of Azerbaijan, insurance companies operating in the country collected premiums totaling AZN 1,006.4 million (~EUR 514.41 million) in January–July, which is 7.3% more y-o-y, according to Trend. Meanwhile, paid claims reached AZN 671.4 million, representing a y-o-y increase of 26.9%, the Central Bank stated.
CROATIA: In January-July insurance market rises almost 7%
In the first seven months of this year Croatia-based insurers reported overall collected premiums of EUR 1.3 billion, up 6.9% on the year, SeeNews writes.
ESTONIA: The number of traffic insurance cases rises 14% in the first half of 2026, yet fewer people injured
In the first half of 2026, there were 17,851 traffic insurance incidents in Estonia, which is 14% more y-o-y. According to Tuuli Pärenson, Chairman of the Board of the Estonian Motor Insurance Fund (LKF), the figures for the first half of the year show that traffic accidents are an everyday reality in Estonia.
KAZAKHSTAN: Insurance market development program through 2030 to require comprehensive restructuring of insurance ecosystem
The insurance market should be viewed not merely as a mechanism for risk protection, but also as a source of long-term capital and an institution fostering shared responsibility among the state, citizens, and businesses, stated Nurzhan Tursunkhanov, Deputy Chairman of the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan.
LATVIA: Total amount of reserved claims after storm exceeds EUR 8 million
Insurers have so far received more than 4,800 insurance claims following the weekend storm, according to data compiled by the Latvian Insurers Association (LAA). They already have paid EUR 424,000 for the losses caused by the storm, while total amount of reserved claims reaches EUR 8.05 million.
UKRAINE: From January to July, MTPL records a rise, while Green Card segment declines
In the first seven months of the year, insurers collected nearly UAH 14 billion (~EUR 0.28 billion) in MTPL, which is 10.5% more y-o-y. Worth noting that premiums from electronic contracts totaled UAH 13.97 billion, meaning the share of the electronic sales channel approached 100%, Forinsurer writes.
UKRAINE: Insurers' reserves for reported war-risk losses near UAH 1 billion in the first half of the year
In the first half of 2026, insurance companies paid out UAH 176.5 million in war-risk claims to clients, with the bulk of these payments occurring in the second quarter. Insurers paid out UAH 129.4 million during the April–June period, vs UAH 47.1 million in the first quarter, reports Forinsurer.
UKRAINE: TAS Group ratings affirmed at uaAA+
The rating agency IBI-Rating has affirmed the TAS Group’s long-term credit rating on the national scale at uaAA+ with a stable outlook, Forinsurer reports. The agency also affirmed the Group’s financial strength rating at uaAA+ifr.
STATISTICS: ESTONIA, 1H2026: positive market trend, but claims expenses increase faster than premiums
Estonian insurers posted 1H2026 aggregate GWP worth EUR 349.49 million, up by 2% y-o-y, according to the market figures published by the Estonian National Statistics Board. Total paid claims by local insurers also increased, reaching EUR 217.09 million, 6.3% up y-o-y.
STATISTICS: LITHUANIA, 1H2026: growth slowdown, but double-digit increase in paid claims
According to the market figures published by the Bank of Lithuania, during first half of 2026, the Lithuanian insurance market grew by 3.7% y-o-y to EUR 893.07 million, a result that indicate a slightly slowdown in growth in comparison with Q1.
STATISTICS: NORTH MACEDONIA, 1H2026: market remains in negative territory, driven by property insurance lines
Insurers of North Macedonia have written gross premiums worth EUR 154.15 million in the first half of 2026, which is 0.6% less y-o-y, while paid claims increased by ~2.8%, to EUR 55.34 million. While the market trend remains slightly negative, it improved in comparison with the first quarter of the year.
ROMANIA: Multitasking, speed and aggressive driving are the main causes of road accidents
Multitasking, inappropriate speed and failure to give way are among the main causes behind road accidents reflected in Romanian MTPL and Motor Hull claims, according to UNSAR – the National Union of Insurance and Reinsurance Companies in Romania.
3 September 2026