News - Insurance
UKRAINE: NBU launches project for full Solvency II implementation in the insurance market
The National Bank of Ukraine (NBU) held its first meeting with insurers, industry associations, and the actuarial community as part of the "Solvency II Implementation in Ukraine" project. The project was launched on August 12, 2026, and the initial meeting with insurance market participants took place on September 18.
UZBEKISTAN: Uzbekistan to revise agricultural subsidy and insurance approaches
Uzbekistan plans to revise its approaches to agricultural subsidies and insurance, reports uzdaily.uz.
AZERBAIJAN: In Jan-Aug the market exceeded AZN 1.1 billion
In January–August 2026, insurance companies in Azerbaijan collected AZN 1,115.4 million (~EUR 566 million) in premiums, a 6.4% increase y-o-y, the Central Bank reports.
Lidija Božović appointed Executive Director of UNIQA non-life insurance, Montenegro
Lidija Božović has been appointed Executive Director of UNIQA’s non-life insurance company in Montenegro, the insurer announced.
UNIQA launches Romania’s first insurance rider covering bullying incidents, attached to the UNICASA Home Insurance
UNIQA Asigurări is introducing a first on the Romanian market: an additional insurance rider covering bullying incidents committed by other minors, available together with the UNICASA home insurance policy. The rider provides access to psychological assessment and counseling services for affected children.
POLAND: Almost 45% of buildings remain uninsured, UKNF says
Almost 45% of buildings in Poland have no insurance protection, according to an analysis presented by the Polish Financial Supervision Authority (UKNF). The regulator also highlighted concerns related to underinsurance, product design, distribution and claims handling.
STATISTICS: CZECHIA, 1H2026 (CNB): two years after the 2024 floods, insurers are still accumulating claims
The Czech insurance market totaled CZK 133.86 billion (EUR 5.51 billion) at the end of June 2026, up by 7.07% y-o-y in national currency (9.23% in European currency), according to data published by the Czech National Bank (CNB).
STATISTICS: GREECE 1H2026: Growth slows down but still remains in double-digit territory
According to the 1H 2026 preliminary statistics published by HAIC - the Hellenic Association of Insurance Companies, at the end of June 2026, the Greece insurance market totaled at EUR 3.25 billion, 12.15% up y-o-y, remaining on a positive trend although at a lower pace than in Q1.
According to data, the Greek life insurance segment continued the strong revival trend seen in Q1, increasing by 20% y-o-y to EUR 1.59 billion. The “Life insurance linked to investment funds” line continued providing for most of the growth in the life insurance business, recording a 26% increase in premiums. The non-life insurance subclasses expanded by 5.5% y-o-y to EUR 1.67 billion. In absolute terms, the largest part of the non-life premiums growth came from the MTPL line, followed by the “Fire and natural forces” class.
Of the 43 insurance enterprises, 26 were established in Greece in the form of S.A. Insurance Company, 1 in the form of mutual insurance cooperative, 12 as branches of foreign insurance enterprises and 4 European insurance enterprises operating under the FOS status.
Access xprimm.com and download the Greek insurance market statistics.
According to data, the Greek life insurance segment continued the strong revival trend seen in Q1, increasing by 20% y-o-y to EUR 1.59 billion. The “Life insurance linked to investment funds” line continued providing for most of the growth in the life insurance business, recording a 26% increase in premiums. The non-life insurance subclasses expanded by 5.5% y-o-y to EUR 1.67 billion. In absolute terms, the largest part of the non-life premiums growth came from the MTPL line, followed by the “Fire and natural forces” class.
Of the 43 insurance enterprises, 26 were established in Greece in the form of S.A. Insurance Company, 1 in the form of mutual insurance cooperative, 12 as branches of foreign insurance enterprises and 4 European insurance enterprises operating under the FOS status.
Access xprimm.com and download the Greek insurance market statistics.
STATISTICS: LATVIA, 1H2026: Paid claims grew much faster than premiums, driven by property insurance claims related to the winter weather
Latvian insurers ended H1 2026 with gross written premiums (GWP) worth EUR 748.33 million, 10.17% up y-o-y. Life insurance accounted for almost 20% of this total, while motor insurance is the business segment with the largest participation to the market portfolio (27.44%). At the same time, the amount of claims paid increased even more rapidly – by 17.6 %, reaching EUR 433 million.
EU insurers remain strong, but reinsurance, NatCat and cyber risks move into focus
European insurers remain financially sound, with stable solvency levels and broadly resilient profitability, but geopolitical uncertainty, external dependencies, natural catastrophes and rapidly evolving technology risks are reshaping the sector's risk landscape, according to the Autumn 2026 update on risks and vulnerabilities in the EU financial system, published by the Joint Committee of the European Supervisory Authorities (ESAs).
Vienna Insurance Group acquires a stake in Dolphin Technologies and expands its telematics offering in CEE
Vienna Insurance Group (VIG) has acquired a 25% stake in Vienna-based Dolphin Technologies, strengthening a partnership launched in 2022 to drive forward AI-powered telematics within the Group. The investment will support the further development of AI-powered telematics and expand VIG’s use of telematics solutions across the CEE region.
AIG: Jon Hancock to retire as Executive Vice President and Chief Executive Officer, General Insurance
Jon Hancock will retire as Executive Vice President and Chief Executive Officer, General Insurance and transition to the role of Senior Advisor effective December 31, 2026, following more than six years in executive leadership roles at AIG and a distinguished, 40-year career in the insurance industry, American International Group (AIG) announced.
Christos Adamantiadis appointed as Global Head of Placement and Market Solutions, Marsh Risk
Christos Adamantiadis has been appointed as Global Head of Placement and Market Solutions, Marsh Risk, effective November 1, 2026, Marsh announced.
HUNGARY: MABISZ elects its new Secretary General
The Executive Board of the Association of Hungarian Insurers (MABISZ) elected Dr. Csaba Kerékgyártó as the new Secretary General of the Association on September 16, 2026. He has been holding the position on an interim basis since July 1, 2026, following the retirement of Dr. Dániel Molnos.
Matt Stadler to become CEO and John Stanchina to become President of Marsh Agency
Marsh, a leading global professional services firm, has announced that Matt Stadler will become CEO of Marsh Agency, on January 1, 2027. He succeeds David Eslick, who will continue as Chairman.
Sean Ringsted named Chief Scientist and Executive Vice President, Chubb Group
Sean Ringsted has been named Chief Scientist and Executive Vice President, Chubb Group, effective immediately, Chubb Limited announced.
Tom Geraghty appointed as CEO, Marsh Europe
Tom Geraghty has been appointed as CEO, Marsh Europe, effective November 1, 2026, Marsh, a leading global professional services firm, announced.
Allianz Partners and Waymo announce strategic collaboration for autonomous vehicle insurance and safety research solutions focusing on Europe
Allianz Partners, a global leader in B2B2C insurance and assistance services within Allianz Group, and Waymo, a leading autonomous driving technology company, have announced a strategic collaboration to develop an integrated ecosystem across insurance, claims, and safety research solutions supporting Waymo´s service expansion.
ARMENIA: MTPL loss ratio declines, yet policy prices rise
In Armenia, the MTPL loss ratio fell to 73.2% during the January–August 2026 period, down from 74% for the same period in 2025.
AXA increases its ambition announcing 2027-2029 strategy and financial targets
AXA aims to leverage its industry‑leading margins, strong balance sheet and well‑diversified multi‑line model to drive market share gains and sustained earnings growth, as the company announces its 2027-2029 strategy and financial targets.
29 September 2026