News - Insurance
Aon announces appointment of Leonora Siccardi as Global Chief Execution Officer, Risk Capital and Human Capital, effective immediately
Aon, a leading global professional services firm, has announced that Leonora Siccardi has been appointed Global Chief Execution Officer, Risk Capital and Human Capital, effective immediately.
20 October 2026Chubb announces leadership appointments within its Global Claims organization
Chubb has announced that Lisa Wilson has been named Head of North America Claims, overseeing all aspects of North America Commercial and Personal Lines claims and services, effective immediately. She will lead claim handling, technical execution and further embed digital capabilities into claims processes.
20 October 2026TÜRKİYE: Insurers reserve USD 40 million for flood damage across six provinces
Turkish insurers have set aside nearly TRY 2 billion (USD 40.4 million) to cover damage caused by severe rainfall and flooding that affected Istanbul and five other provinces in mid-October, according to the Insurance Association of Türkiye (TSB), quoted by Daily Sabah.
20 October 2026Aegon’s redomiciliation to the US expected to become effective in January 2028
Aegon has implemented important steps towards its future as an American-based company after its shareholders approved the company’s redomiciliation to the US at Aegon’s Extraordinary General Meeting of October 8, 2026.
20 October 2026Allianz SE, National Bank of Greece and Allianz Greece sign a share purchase and an exclusive bancassurance agreements
Allianz SE and National Bank of Greece (NBG) have signed a Share Purchase Agreement under which NBG will acquire a 30% minority equity stake in Allianz European Reliance (Allianz Greece), following the Memorandum of Understanding announced on May 7, 2026.
20 October 2026ARMENIA: MTPL loss ratio stands at 74.5% in January–September
In the Armenian insurance market, MTPL loss ratio stood at 74.5% from January to September of this year (vs 75.2% during the same period in 2025).
20 October 2026AXA’s Future Risks Report 2026 edition marks a turning point
For the first time since the AXA Future Risks Report was launched, risks related to artificial intelligence and big data rank first among experts, ahead of climate change. AI ranked fourth in 2025.
20 October 2026AZERBAIJAN: Azerbaijan implements projects to develop the insurance sector and improve its regulatory framework
Azerbaijan is implementing several projects to develop the insurance sector and improve its regulatory framework, including refining motor insurance pricing, updating legislation on compulsory property insurance, modeling earthquake risks, and improving the institutional structure of the agricultural insurance system, Trend reports.
20 October 2026Bosnia and Herzegovina: Bosnia's Federation insurers’ business expands by 4.5% in January-September
The insurance companies operating in Bosnia and Herzegovina’s Federation recorded combined GWP of BAM 628.6 million (EUR 321.4 million) in the first nine months of 2026, up 4.5% on the year, according to the entity’s insurance supervision agency.
20 October 2026Bosnia and Herzegovina: The Insurance Days of the Republic of Srpska (DORS 2026): Digitalization, new risks, and policyholder trust take center stage in the industry
The fifth, anniversary edition of the Insurance Days of the Republic of Srpska - DORS 2026 brought together representatives of the insurance industry, institutions, regulators and experts from the country and the region, to address key issues - from financial stability and digitalization to climate risks, insurance fraud and product development for electric vehicles.
20 October 2026Generali and the World Bank Group sign a Memorandum of Understanding to advance emerging markets investment solutions and relevant insurance offerings
Generali and the World Bank Group (WBG) have signed a Memorandum of Understanding during the Annual Meetings of the WBG and the International Monetary Fund in Bangkok, built on a shared commitment to mobilise private capital, strengthen resilience and expand targeted insurance and investment solutions across emerging markets.
20 October 2026Generali makes a significant step forward in the Group’s reinsurance strategy with the launch of Syndicate 2031 Red Bridge
Generali has debuted at Lloyd’s with the launch of Syndicate 2031 Red Bridge, receiving in-principle approval to begin its underwriting operations on the Lloyd’s platform in 2027, Generali said on its website.
20 October 2026GEORGIA: GPI Holding and VISA sign Memorandum of cooperation
GPI Holding, one of Georgia’s top five insurance companies, has signed a memorandum of cooperation with VISA. The partnership aims to provide holders of premium VISA cards with additional insurance-related benefits and exclusive insurance offers.
20 October 2026TURKIYE: S&P Global Ratings: Turkish P&C insurance sector's ROE to remain robust at above 30% over next two years
The Turkish property and casualty (P&C) market's return on equity (ROE) will remain robust at above 30% over the next two years, according to S&P Global Ratings (S&P).
20 October 2026TURKIYE: Turkiye takes over presidency of Turkic World Insurance Union; Mr Atilla Benli elected as President
Turkiye has taken over the presidency of Turkic World Insurance Union (TWIU), with Mr Atilla Benli elected as the President. The presidency rotated to Turkiye at the second TWIU general assembly held on 10th of October, which was hosted by the Turkish Insurance Association (TSB).
20 October 2026TÜRKİYE: Insurers reserve USD 40 million for flood damage across six provinces
Turkish insurers have set aside nearly TRY 2 billion (USD 40.4 million) to cover damage caused by severe rainfall and flooding that affected Istanbul and five other provinces in mid-October, according to the Insurance Association of Türkiye (TSB), quoted by Daily Sabah.
20 October 2026Swiss Re: UK liability claims inflation could accelerate without balanced legal reforms
Non-economic factors are driving a significant share of liability claims growth in the UK, with further increases possible as legal and regulatory reforms reshape the litigation environment, according to a new Swiss Re Institute sigma insights report.
15 October 2026XPRIMM brings three new insurance market reports to Baden-Baden 2026
XPRIMM Insurance Publications will return to the Baden-Baden Reinsurance Meeting, taking place on October 18–22, 2026, with three new reports offering fresh data and insights into the insurance markets of Central and Southeastern Europe and Eurasia.
15 October 2026STATISTICS: CEE 1H2926: Insurance premiums grew by 7.7%, but rising claims costs put pressure on profitability
The insurance markets of Central and Eastern Europe (CEE) recorded gross written premiums of EUR 31.47 billion in the first half of 2026, up 7.73% year-on-year, according to XPRIMM calculations based on national supervisory data. Claims paid increased by 7.59%, reaching EUR 15.32 billion, although the regional total is incomplete due to reporting gaps.
15 October 2026CZECHIA: Economic losses from drought could reach CZK 50 billion, insurers warn
The wider economic impact of severe drought in Czechia could reach CZK 30–50 billion, according to estimates presented by the Czech Insurance Association (ČAP). The association warns that the true cost of drought extends far beyond direct agricultural and forestry losses, affecting supply chains, investment, productivity and the environment.
15 October 2026
