News - Insurance
AZERBAIJAN: Azerbaijan has significant opportunities to increase insurance penetration
New reforms are being prepared in the Azerbaijani insurance market, as Executive Director of the Azerbaijan Insurers Association (AIA), Abas Miskarli said on the sidelines of the Azerbaijan International Insurance Forum (AIIF) 2026, held on 24-25 June in Baku.
29 June 2026BELARUS: Belarus and Russia exchange experiences and current practices in agroinsurance
During a roundtable on June 23 in Minsk, the parties discussed in detail methods for building insurance coverage for the two countries' agricultural complexes with state support and the specifics of settling losses from climate risks, according to the Belarusian Association of Insurers.
29 June 2026BULGARIA: Confidence in insurance grows, yet awareness remains a challenge
The use of voluntary insurance is growing significantly, trust in the insurance sector reaches 60%, according to data from a national representative survey "Attitudes and Awareness of Insurance", conducted by the sociological agency "Trend" in May 2026, the Association of Bulgarian Insurers (ABZ) wrote.
29 June 2026GREECE: Insurance market rises 10.5% in the first four months of 2026
The Greek insurance market recorded positive dynamics in the first four months of 2026, according to data from the Association of Insurance Companies of Greece. Total GWP amounted to EUR 2.1 billion, representing an increase of 10.5% y-o-y, insurancedaily.gr reports.
29 June 2026UKRAINE: TAS Group expands its business by 15% from January to May
TAS Group, the non-life leader in Ukraine, from January to May of this year collected UAH 3.15 billion (~EUR 61.45 million) in premiums, which is 15.3% more y-o-y, Forinsurer writes.
29 June 2026UZBEKISTAN: The insurance market expands more than 3.5 times in five years
Uzbekistan’s insurance market has expanded by more than 3.5 times over the past five years, Kamoliddin Abdurakhimov, CEO of the Association of Professional Participants in Uzbekistan’s Insurance Market said at the Azerbaijan International Insurance Forum (AIIF) 2026, held on 24-25 June in Baku.
29 June 2026Chubb: Chairman and CEO Evan Greenberg named to Barron’s list of Top CEOs for 2026
Evan Greenberg has been named to Barron’s list of Top CEOs for 2026, Chubb announced on its website.
29 June 2026Aegon announces changes to its leadership team and selects New York City as location for its future corporate headquarters
On June 17 Aegon announced changes to its leadership team to further strengthen the execution of its strategy and support the company’s planned move of its head office and legal seat to the United States.
22 June 2026CROATIA: Ante Žigman relieved of duty as President of Hanfa Board of Directors due to appointment as Governor of the Croatian National Bank
At the proposal of the Government of the Republic of Croatia, the Croatian Parliament has dismissed Dr. Ante Žigman from the position of President of the Board of Directors of the Croatian Financial Services Supervisory Agency (Hanfa), osiguranje.hr writes.
22 June 2026VIG Re appoints Wilfrid Goh as Chief Representative APAC for its upcoming Representative Office in Singapore
VIG Re has appointed Wilfrid Goh as Chief Representative APAC, for its proposed Representative Office in Singapore, effective 1 July 2026, subject to the approval of the Monetary Authority of Singapore (MAS), VIG said in its press release.
22 June 2026Allianz ranks #1 in the Evident AI Index for Insurance 2026, outperforming 30 of the world's leading insurers
Allianz has been ranked #1 in the Evident AI Index for Insurance 2026, outperforming 30 of the world's leading insurers. The ranking confirms Allianz's leadership in adopting and scaling artificial intelligence across the global insurance industry, Allianz said on its website.
22 June 2026Aon named to Fast Company’s 2026 World Changing Ideas List for developing an innovative catastrophe bond with the World Bank
Aon, a leading global professional services firm, has been named to Fast Company’s 2026 World Changing Ideas for developing an innovative catastrophe bond with the World Bank that enabled the Government of Jamaica to rapidly access recovery funding following landfall of Hurricane Melissa in October 2025, Aon said in its press release.
22 June 2026ARMENIA: MTPL loss ratio amounts to 73.1% in January-May
In the Armenian insurance market, the MTPL loss ratio, after declining throughout 2025 from 81.8% to 76.3%, began to increase in 2026. This trend continued until May, and then began to decline to 73.1% for January-May, according to data from the Armenian Bureau of Motor Insurers, ArmInfo reports.
22 June 2026AZERBAIJAN: Takaful could facilitate wider penetration of insurance services
Takaful (Islamic insurance) products could serve as a catalyst for deeper insurance adoption in Azerbaijan, according to the latest publication by the Islamic Development Bank Group, Trend reports.
22 June 2026BELARUS: BAS: In Motor Hull payout rates increase and average premium decline
1Q2026 results show that trends in Motor Hull continue: both payout rates and average payment are increasing for individuals and legal entities. At the same time, the average insurance premium is declining, according to the Insurance Bulletin of the Belarusian Association of Insurers (BAS).
22 June 2026BULGARIA: Third-party liability insurance prices return to the level of five years ago
The average price of motor third party liability insurance remains far behind the levels of overall price increases in the economy, the Association of Bulgarian Insurers (ABZ) wrote.
22 June 2026Generali is on top of Extel rankings, Philippe Donnet confirmed as Top CEO in the European insurance sector
Generali has once again claimed top spots in the 2026 edition of Extel rankings. Group CEO Philippe Donnet was confirmed "Top CEO" in the European insurance sector for the fifth year in a row of the annual survey by Extel (formerly Institutional Investor), the specialist magazine and independent research company in the field of international finance, Generali said on its website.
22 June 2026KAZAKHSTAN: The new development program and a law could become the largest insurance market reform in recent years
The Agency for Regulation and Development of the Financial Market, together with the National Bank, the professional community, and international consultants, is preparing an Insurance Market Development Program until 2030 and a draft of a new Law on Insurance.
22 June 2026MOLDOVA: Insurance Guarantee Fund to help protect road accident victims from insurance company bankruptcies
Drivers and victims of road accidents may be protected from consequences of insurance company bankruptcy after the National Bank of Moldova drafted a law establishing the Insurance Guarantee Fund, bani.md reports.
22 June 2026ROMANIA: GWP of Allianz-Țiriac rise 21.5% in 1Q2026
GWP of the Romanian insurer Allianz-Tiriac Asigurari, part of Germany's Allianz Group, increased by 21.5% on the year in the first three months of 2026, reaching nearly RON 1.1 billion (EUR 210.3 million), SeeNews writes.
22 June 2026
