News - Insurance
UKRAINE: Positive result in life insurance comes from investment income, while the bulk of premiums in property insurance - from legal entities
According to the National Bank of Ukraine (NBU), in the first quarter of 2026, 10 life insurers increased their assets, insurance premiums, and significantly improved their financial results. At the same time, the revenue structure shows that investment activities remain the key source of profitability, while insurance activities remain less profitable, Forinsurer reports.
Bulgarian insurance supervisor withdraws the license of ZAD DallBogg: Life and Health AD
On 9 June, the Bulgaria's Financial Supervision decided to withdraw the license of ZAD DallBogg: Life and Health AD. The FSC and National Competent Authorities in whose markets ZAD DallBogg: Life and Health AD distributed its products have been cooperating closely to protect the interests of consumers across the EU single market, EIOPA announced.
Arch appoints Kendra Felisky as Chair of Key UK Insurance Boards
Arch Insurance International has appointed Kendra Felisky as Chair of the Boards of Arch Insurance (UK) Limited (AIUK) and Arch Managing Agency Limited (AMAL), succeeding Patrick Storey, who is retiring from the role.
POLAND: Motor claims costs rise by over 11% in Q1 2026
Polish insurers paid nearly PLN 5.7 billion (approximately EUR 1.33 billion) in claims under MTPL and Motor Hull (AC) policies during the first quarter of 2026, up 11.4% compared with the same period a year earlier, according to data released by the Polish Insurance Guarantee Fund (UFG).
AIIF 2026: One week left to register for the Azerbaijan International Insurance Forum
In just two weeks, insurance professionals, regulators, pension experts, reinsurers and brokers from 25 countries will gather in Baku for the Azerbaijan International Insurance Forum (AIIF) 2026, scheduled for 24-25 June at the Baku Marriott Hotel Boulevard.
Ukrainian insurers warn of broader economic impact of higher bank taxation
The Ukrainian insurance industry has voiced concerns over proposals to increase the corporate income tax on banks to 50%, warning that the measure could have negative consequences not only for the banking sector but for the country's entire financial ecosystem.
STATISTICS: NORTH MACEDONIA 1Q2026: after the spectacular growth in Q12025, fire insurance lost traction
Insurers of North Macedonia have written gross premiums worth EUR 76.24 million in the quarter of 2026, which is 4.4% less y-o-y, while paid claims increased by ~1%, to EUR 26.02 million.
STATISTICS: LITHUANIA 1Q2026: Index-linked and unit-linked life insurance led the market growth
During first quarter of 2026, the Lithuanian insurance market grew by 4.3% y-o-y to EUR 446.6 million, according to the market figures published by the Bank of Lithuania.
STATISTICS: HUNGARY 1Q2026: property insurance saw the highest y-o-y growth rate
The aggregate Q1 GWP reported by Hungarian insurers totaled HUF 571.94 billion (~EUR 1.48 billion), a volume that reflects a rather stagnant status of the market as compared with a year ago. However, due to slight appreciation of the Hungarian Forint against euro, in European currency, the market dynamic looks better, with an almost 5% growth y-o-y.
Descartes and Nextpower launch parametric wind coverage for solar projects
Global parametric insurance specialist Descartes Underwriting has partnered with Nextpower, a provider of solar and power technology solutions, to introduce what the companies describe as the solar industry's first integrated parametric insurance solution for straight-line wind (SLW) events.
More Romanians see life insurance as a tool for financial protection and long-term planning
An increasing number of Romanians are considering life insurance as a destination for their financial savings, according to the latest UNSAR–IRES Barometer on Risk Perception and Insurance Culture in Romania. The share of respondents who said they would invest their available funds in a life insurance policy rose by 7 percentage points y-o-y, reaching 24% – the strongest increase among all investment and savings options analyzed in the survey.
STATISTICS: GEORGIA, 1Q2026: Health insurance generates over 58% of all market premiums
In the first quarter of 2026, Georgia's insurance market grew by 15.10% in local currency, reaching GEL 521.34 million (EUR 168 million), according to data published by the State Insurance Supervision Service of Georgia.
CROATIA: Slaven Dobrić becomes new CEO of UNIQA osiguranje Hrvatska
Slaven Dobrić assumed the position of President of the Management Board of UNIQA osiguranje Hrvatska, the company announced.
Luca Cetrano appointed as Group Chief Investment Officer of Generali
Luca Cetrano has been appointed as Group Chief Investment Officer of Generali, effective as of 1 June 2026, reporting to Group General Manager, Marco Sesana, Generali said on its website.
STATISTICS: UKRAINE, 1Q2026: Motor insurance is leading in both GWP and paid claims
Ukraine's insurance market grew by 17.56% to UAH 18.11 billion (EUR 360.04 million/+4.56%) in the first quarter of 2026. Non-life insurance generated almost 92% of this total. Total paid claims jumped by 46.02%, reaching UAH 8.47 billion (EUR 168.40 million/+29.86%), according to data from the National Bank of Ukraine (NBU).
AZERBAIJAN: Voluntary insurance rises by 14.6% in January-April, while mandatory drops by 32.5%
In January-April of this year, voluntary insurance in Azerbaijan totaled AZN 518 million (~EUR 261.62 million), which is 14.6% more y-o-y, Trend reports, citing the Central Bank of Azerbaijan.
KYRGYZSTAN: Regulator prepares a major update to insurance market rules
On May 29, 2026, the Service for regulation and supervision of the financial market of Kyrgyzstan held a meeting with representatives of the insurance market, during which current market development issues and key challenges were discussed. Particular attention was paid to the improving of the insurance industry, including modernization of regulations governing MTPL.
S&P affirms its 'A-' issuer credit and financial strength ratings on Poland-based PZU Group
S&P Global Ratings has affirmed its 'A-' issuer credit and financial strength ratings on Poland-based insurer Powszechny Zaklad Ubezpieczen S.A. (PZU) and its core operating subsidiaries: Powszechny Zaklad Ubezpieczen na Zycie S.A. and Towarzystwo Ubezpieczen Wzajemnych Polski Zaklad Ubezpieczen Wzajemnych. The rating agency has maintained its positive outlook on the three entities.
SCOR’s Sustainable Business Report: SCOR to reduce its negative indirect impact on the environment by 2050
It is in SCOR’s raison d’être to contribute to the welfare, resilience, and sustainable development of societies by bridging the protection gap, increasing insurance reach, helping to protect the insured against the risks they face, pushing back the frontiers of insurability and acting as a responsible investor, SCOR said in its newly released 2025 Sustainable Business Report.
TURKIYE: Health insurance generated almost 26% of GWP in 1Q2026
In the first quarter of the year, health insurance was the branch with the highest share in the Turkish insurance market, according to Mr Ahmet Yasar, President of the Insurance Association of Turkiye (TSB), Middle East Insurance Review reports.
17 June 2026