News - Insurance
VIG Group, 1H2026: improved dynamics and strong increase in profits across the CEE region
VIG Group reported strong results for 1H2026, with profit before tax up 20.7% to EUR 641.5 million and gross written premiums rising 5.4% to EUR 9.0 billion. The net combined ratio improved to 91.4%, while the Group maintained a strong 272% solvency ratio.
STATISTICS: ARMENIA, 1H2026: Motor insurance generated almost 56% of all premiums
Armenia's insurance sector generated AMD 41.93 billion (EUR 99.96 million) in the first half of 2026, up only 1.10% y-o-y. However, in euros, market growth was significantly higher (+8.66%). Paid claims in local currency increased by 8.73%, reaching AMD 23.31 billion (EUR 55.59 million), according to data from the Financial Rating of Insurance Companies provided to ArmInfo.
Aon appoints Nadin Virani as Interim CFO effective immediately
Aon, a leading global professional services firm, has announced that Edmund Reese will transition from his role as Executive Vice President and Chief Financial Officer, effective immediately, to pursue opportunities outside the firm.
Duncan Russell to step down as Aegon’s Chief Financial Officer
In connection with the planned move of Aegon’s head office and legal seat to the United States, Aegon has agreed with Duncan Russell that he will step down as Chief Financial Officer and leave the company in April 2027. Aegon has initiated a search for his successor, the company announced on its website.
Guy Carpenter appoints David Duffy as Global Property Leader and Chris Ross as Global Casualty Leader
Guy Carpenter, a business of Marsh and a leading global risk and reinsurance specialist, has announced the appointments of David Duffy as Global Property Leader and Chris Ross as Global Casualty Leader, effective immediately.
Piotr Matczuk appointed to PZU SA management board
On August 19, 2026, the PZU SA Supervisory Board, adopted a resolution appointing Piotr Matczuk to the company's management board.
Aegon’s operating result increases 9% to EUR 804 million in the first half of 2026
Net result of Aegon in 1H2026 was EUR 608 million, compared with EUR 606 million in the first half of 2025, according to the company’s report.
BELARUS: Motor Hull for electric vehicles of legal entities is unprofitable
In the first half of 2026, the level of paid claims in Motor Hull for electric vehicles of legal entities reached 87.4%, almost doubling compared to the same period last year (49.4% in 1H2025), according to the Insurance Bulletin of the Belarusian Association of Insurers.
BULGARIA: Nikolay Stanchev: Insurance remains very affordable, and interest in voluntary insurance is growing
Insurance remains very affordable, and in many cases, no significant price changes have been observed, according to Nikolay Stanchev, Chairman of the Board of the Association of Bulgarian Insurers.
In the first half of 2026 Sava Group increases its business volume by 10.3%
In the first half of 2026 Sava Group increased its business volume by 10.3% to EUR 672.5 million, driven primarily by growth in gross written premiums, while revenue in the pensions and asset management segment also increased.
KAZAKHSTAN: Annuities and corporate products played a key role in life insurance in the first half of the year
In the first half of 2026, the life insurance market in Kazakhstan continued to expand significantly faster than non-life: life insurers' assets grew by 19.9%, increasing their share of total insurance sector assets from 57% to 61%, according to a review by the analytical center of the Association of Financiers of Kazakhstan (AFK).
MOLDOVA: Insurance sector net profit rises nearly 84% in the first quarter
Moldova's insurance sector significantly improved its financial performance in the first quarter of 2026. Insurance companies' net profit amounted to MDL 68.7 million (~EUR 3.39 million), which is 83.6% more y-o-y, Sputnik Moldova writes, citing a report from the National Bank of Moldova (NBM).
POLAND: Fitch assigns Compensa an IFS Rating of ‘A’ with Negative Outlook
Fitch Ratings has assigned Polish non-life insurer Compensa Towarzystwo Ubezpieczen Spolka Akcyjna Vienna Insurance Group (Compensa) an Insurer Financial Strength (IFS) Rating of 'A' with Negative Outlook. Fitch has also assigned a National IFS Rating of 'AAA (pol)' with a Stable Outlook.
PZU reports a strong first half of the year despite a challenging market environment
In the first half of 2026, the PZU Group's gross insurance revenue increased by PLN 426 million year-on-year to nearly PLN 15.7 billion. Net profit exceeded PLN 3 billion, the Group said in its press release.
Triglav Group’s total business volume in 1H2026 rises 13% supported by premium growth across all regional markets
Triglav Group's total business volume in the first half of 2026 increased by 13% compared to 1H2025, reaching EUR 1,198.7 million. This was supported by premium growth across all regional markets, with the strongest increase recorded in the Italian market.
VIG Group, 1H2026: improved dynamics and strong increase in profits across the CEE region
VIG Group reported strong results for 1H2026, with profit before tax up 20.7% to EUR 641.5 million and gross written premiums rising 5.4% to EUR 9.0 billion. The net combined ratio improved to 91.4%, while the Group maintained a strong 272% solvency ratio.
STATISTICS: TÜRKYIE 1H2026: Life insurance gains momentum and increases its weight in the market portfolio
Türkiye’s insurance market continued to grow strongly in 1H 2026, with total gross written premiums (GWP) up 28.95% y-o-y to TRY 743.85 billion (approx. EUR 13.98 billion, +13.2%), according to the Insurance Association of Türkiye (TSB). As such, the market dynamic remained positive albeit at a lower pace than a year ago.
Insurance Europe calls for a holistic and proportionate approach to assessing insurance product value
Insurance Europe has responded to the International Association of Insurance Supervisors’ (IAIS) consultation on its draft Issues Paper on customers receiving value from insurance products.
Munich Re Group to acquire cyber insurtech At-Bay in a USD 575 million deal
Munich Re Group today announced that it has agreed to acquire At-Bay, Inc., a U.S.-based insurtech company that provides cyber insurance and proactive cybersecurity solutions for small and medium-sized enterprises (SME).
ARCH Insurance International appoints new Head of Transactional Risk
Arch Insurance International (Arch) today announced the promotion of Roger Moniz to Head of Transactional Risk, effective immediately.
27 August 2026