News - Insurance
AZERBAIJAN: Central Bank becomes UNDP Sustainable Insurance Forum member
The Central Bank of Azerbaijan (CBA) has been admitted as a member of the United Nations Development Programme (UN DP) Sustainable Insurance Forum (SIF), Trend reports, citing the CBA.
21 September 2026Bosnia and Herzegovina: In January-August, business of insurers from Bosnia's Serb Republic expands 5.8%
Insurance companies in Bosnia and Herzegovina’s Serb Republic in the first eight months of 2026 generated GWP worth BAM 277.3 million (EUR 141.8 million euro), up 5.8% year-on-year, according to the entity's insurance regulator, SeeNews reports.
21 September 2026KAZAKHSTAN: Draft law on the insurance market developed
The Agency for Regulation and Development of the Financial Market, in collaboration with relevant government bodies, has developed draft laws of the Republic of Kazakhstan "On the insurance market" and "On amendments to certain laws of the Republic of Kazakhstan on regulation and development of the insurance market", reports Allinsurance.kz.
21 September 2026KAZAKHSTAN: Eurasia becomes the first insurance company in Kazakhstan to receive an A− rating from AM Best
AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Eurasia Insurance Company JSC (Eurasia) (Kazakhstan). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
21 September 2026UZBEKISTAN: Life insurers' liabilities surge nearly 35-fold in the first half of the year
Total insurance liabilities of the market participants in Uzbekistan rose by 48.2% in the first half of 2026, reaching UZS 4.415 trillion (~EUR 0.32 billion).
21 September 2026AXA launches Safe Cyber Space, an online risk prevention program for youth
AXA announces the launch of Safe Cyber Space, an initiative aimed at raising awareness and equipping teenagers, their parents, and educators to face digital challenges, amid rising online risks.
17 September 2026EU announces the launch of a climate insurance scheme after summer of extreme weather
The European Union will create a "climate insurance alliance" to increase cover for extreme weather events, European Commission President Ursula von der Leyen said on 16 September, as the bloc emerges from a summer of drought, wildfires and heatwaves, Reuters reported.
17 September 2026POLAND: KNF set to become the national resolution authority for insurers and reinsurers
Poland’s Financial Supervision Authority (KNF) is set to become the national resolution authority for insurers and reinsurers under the planned implementation of the EU Insurance Recovery and Resolution Directive (IRRD), instead of the Bank Guarantee Fund (BFG), which had been preparing for this role for several years, Gazeta Ubezpieczeniowa reported.
17 September 2026Child Safety: Central European insurers join forces for safer roads
With the new school year underway, insurance associations and road safety organizations across Central Europe are once again joining forces to promote child road safety and accident prevention, bringing national initiatives together under the regional Child Safety program.
17 September 2026CROATIA: Only 20-25% of properties insured as climate and reconstruction costs increase risks
Despite Croatia’s high homeownership rate, only an estimated 20-25% of properties are insured, while rising rebuilding costs and increasingly severe climate-related risks are widening the protection gap and increasing the risk of underinsurance, according to Croatia osiguranje.
17 September 2026SERBIA: EVs bring higher claims costs and require new insurance pricing models
The growing use of electric vehicles is bringing new risks, higher claims costs and longer repair times, requiring insurers to adjust their risk assessment, underwriting and pricing models, Serbian insurance executives said during the EV Days conference held on September 10-11 in Novi Sad.
17 September 2026STATISTICS: HUNGARY, 1H2026
The Hungarian insurance sector maintained a positive development and financial stability in the first half of 2026. The sector’s cumulative premium income amounted to HUF 1,084 billion (EUR 3.053 billion), up 3.5% y-o-y, according to data provided by the National Bank of Hungary (MNB). The overall result reflected a 6.7% increase in non-life premium income and a 1% decrease in life insurance premiums.
17 September 2026STATISTICS: POLAND 1H2026: Insurance market grows 7.1% as life business gains momentum
The Polish insurance market ended the first half of 2026 with GWP of PLN 47.3 billion (EUR 11.011 billion), up 7.1% y-o-y, according to the Polish Insurance Association (PIU). Life insurance premiums increased by 12.5% to PLN 13.6 billion (EUR 3.167 billion), while non-life GWP rose by 5% to PLN 33.7 billion (EUR 7.84 billion).
17 September 2026Groupama reports combined premium income of EUR 14 billion in 1H with growth recorded across all business lines
As at 30 June 2026, Groupama’s combined premium income stood at EUR 14.0 billion, an increase of 8.7% compared with 30 June 2025.
17 September 2026STATISTICS: EURASIA, 1Q2026: Most markets saw double-digit growth in both premiums and paid claims
According to xprimm statistics, the regional insurance market of Eurasia (former USSR*) grew by 19.67% in euros by the end of the first half of 2026, reaching EUR 27.56 billion.
14 September 2026STATISTICS: RUSSIA, 1H2026: Insurance market net profit drops by 28.4%
In the first half of 2026, the insurance market grew by 14.44% to RUB 2.02 trillion (EUR 22.80 billion, +19.13%), according to data published by the Central Bank.
14 September 2026STATISTICS: TAJIKISTAN, 1Q2026 and 1H2026: Paid claims drop by 36% in the first quarter and by 60% in the first half of the year
Tajik insurance market in 1Q2026 amounted to TJS 120.50 million (EUR 10.92 million), an increase of 5.33% y-o-y in local currency. Market paid claims totaled TJS 9.30 million (EUR 0.84 million), which is 35.90% less according to the National Bank's report.
14 September 2026STATISTICS: UZBEKISTAN, 1H2026: The market sees a rise in GWP, paid claims, number of policies and charter capital
Uzbekistan's insurance sector grew by 28.63% y-o-y in the first half of 2026, reaching a total of UZS 8.02 trillion (EUR 583.07 million). Total paid claims amounted to UZS 2.25 trillion (EUR 163.80 million), which is 80.91% more y-o-y in local currency, according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan (NAPP).
14 September 2026KAZAKHSTAN: Life insurance penetration in the country's economy stands at approximately 1% of GDP but holds significant potential for further growth
In the first seven months of 2026, total GWP in the Kazakh market reached KZT 1.1 trillion (~EUR 2,084 million), a 15.77% increase y-o-y.
14 September 2026KAZAKHSTAN: S&P Global Ratings upgrades Eurasia Insurance to 'BBB+' and Eurasia Life to 'BBB'. Outlook stable
S&P Global Ratings raised its long-term issuer credit and insurer financial strength ratings on Eurasia Insurance Co. to ‘BBB+’ from ‘BBB’. Eurasia Insurance Company is the leading insurer in the market of Kazakhstan.
14 September 2026
