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XPRIMM News No. 744, 11 September 2025

Insurance Newsletter No. 744, 11 September 2025
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TOP NEWS

by Marina MAGNAVAL, 2025-09-08
Despite an extended period of elevated natural catastrophe losses and ongoing geopolitical and macroeconomic uncertainty, the global reinsurance sector remains resilient and profitable, as Guy Carpenter, a leading global risk and reinsurance specialist and a business of Marsh McLennan said in its press release.
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by Media XPRIMM, 2025-09-08
The global reinsurance market is facing a combination of persistently increasing risks and high demand, a dynamic that will define the January 2026 renewals. Munich Re expects a market environment with attractive business opportunities, where capacity and demand remain broadly balanced.
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by Media XPRIMM, 2025-09-09
At the Monte Carlo Rendez-Vous, Swiss Re identified the key themes likely to shape this year’s reinsurance renewals: geopolitical uncertainty, mounting natural catastrophe losses, and the transformative role of artificial intelligence.
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by Daniela GHETU, 2025-09-10
From billion-dollar judgments to fresh regulatory reforms, the latest Reinsurance Round-Up released by the specialist law firm Carter Perry Bailey captures a year of high-stakes disputes and industry-shaping developments.
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by Marina MAGNAVAL, 2025-09-08
One of the leading energy and financial groups in Southeast Europe - Eurohold Bulgaria AD, increased its revenues for the first half of 2025 by 22.4% y-o-y to BGN 1.57 billion (EUR 802 million) and significantly improved its profitability indicators, as the holding's consolidated financial report shows.
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by Marina MAGNAVAL, 2025-09-08
In the first half of this year, 933,000 claims under third-party liability (OC) and comprehensive motor insurance were reported to insurers, according to data from the Insurance Guarantee Fund's (UFG) Information Center. In 1H2025, insurers paid out over PLN 10.2 billion (~EUR 2.40 billion) to injured parties, Gazeta Ubezpieczeniowa (Insurance Gazette) writes.
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by Daniela GHETU, 2025-09-10
The Polish insurance market continues its upward trajectory, both in premium revenues and profitability, according to the Quarterly Bulletin. Insurance Market 2/2025 published by the Polish Financial Supervision Authority (KNF), Gazeta Ubezpieczeniowa reports.
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by Daniela GHETU, 2025-09-09
Beyond road accidents, which generate the largest claims for Motor Hull (CASCO) insurance contract, fires, floods, thefts and storms cause the most significant losses to vehicles covered by voluntary CASCO insurance. Moreover, the values of the average claims for each risk are constantly increasing.
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by Marina MAGNAVAL, 2025-09-08
In Turkiye eleven insurance companies have appeared on the list of the top 100 taxpayers, paying a total of TRY 23.5 billion (USD 569 million) in taxes for 2024, according to data released by the Revenue Administration, Middle East Insurance Review writes.
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by Marina MAGNAVAL, 2025-09-08
In January-July 2025, total GWP of 16 insurance companies, operating on the market in Azerbaijan, amounted to AZN 937.658 million (~EUR 483.33 million), which is 12.5% ??more y-o-y, ABC.AZ writes with reference to the Central Bank.
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by Marina MAGNAVAL, 2025-09-08
According to the State Insurance Organization (GSO), from September 1, 2025, all vehicle owners are required to have a mandatory civil liability insurance policy (MTPL). Drivers face fines for not having a valid policy.
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by Marina MAGNAVAL, 2025-09-08
GWP of Lloyd’s, the world’s leading marketplace for insurance and reinsurance, for the first six months of 2025 increased by 6.2% to GBP 32.5 billion (1H2024: GBP 30.6 billion) driven by volume growth of 11.9% (HY 2024: 5.0%) from new and existing syndicates. According to the press release, Lloyd’s market remains on track to deliver the Full Year Results previously guided.
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by Daniela GHETU, 2025-09-09
Willis, a WTW business, announced the launch of its newly established Global Risk Engineering team, a key expansion of its Global Risk & Analytics (R&A) business. The move aims at enhancing Willis’s ability to deliver industry-leading specialization, powered by proprietary data, advanced analytics, and technology-enabled solutions.
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by Daniela GHETU, 2025-09-11
Earnix has launched its new AI Intelligent Decisioning Platform, promising to transform how insurers embed artificial intelligence into everyday business decisions.
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by Daniela GHETU, 2025-09-11
A new report of the Geneva Association and International Forum of Terrorism Risk (Re)Insurance Pools (IFTRIP) assesses recent shifts in the CBRN risk landscape and how existing re/insurance and national pool arrangements can manage these threats.
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ON THE MOVE

by Media XPRIMM, 2025-09-11
Willis, a WTW business, has expanded its Placement and Portfolio Solutions team with two new senior hires: Gina Mulhall and Kapila Rudra.

by Daniela GHETU, 2025-09-11
 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced a new single integrated third-party division, headed by Terry Fitzgerald. The structure will bring together financial and professional (FinPro) and casualty under one unit in its UK & MENA region.

MARKETS & TRENDS

by Daniela GHETU, 2025-09-11
Two decades on, the September 11 attacks remain a defining moment for the global insurance industry. The unprecedented scale of insured losses — estimated at more than USD 40 billion — reshaped how insurers and reinsurers approach catastrophe risk, terrorism coverage, and capital adequacy. Since then, new risks have emerged.
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by Daniela GHETU, 2025-09-11
After years of navigating tough market conditions, power companies are beginning to see relief. Capacity is returning, competition among insurers is intensifying and pricing is easing, shifting the balance decisively in favour of buyers, according to the Power Market Review published by Willis, a WTW business.
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by Marina MAGNAVAL, 2025-09-08
Global reinsurance capital hit a new high of approximately USD 735 billion at June 30, 2025, driven mainly by retained and redeployed earnings both in the traditional and alternative capital sectors, according to the Aon’s Snapshot Guide to the Reinsurance Renewal – September 2025 report.
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STATISTICS

by Daniela GHETU, 2025-09-11
The 14 insurance companies operating on the Croatian market collected in 1H2025 GWP worth EUR 1.0 billion, or 8.3% more y-o-y. At the same time, claims paid decreased y-o-y by 9.25%, to EUR 594 million.
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by Daniela GHETU, 2025-09-11
The Hungarian insurance sector showed solid growth and stability in the first half of 2025, according to the latest supervisory data. By the end of Q2 2025, cumulative premium income reached HUF 1,047.7 billion (EUR 2.62 billion), up 20.3% y-o-y.
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by Daniela GHETU, 2025-09-10
After the dramatic fall in 2024, following the changes in the health insurance system, the Slovenian insurance market re-entered on a positive trend, with GWP increasing y-o-y by 11%, to EUR 1.6 billion. In comparison with the market data for 1, it seems the market growth is slightly accelerating.
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by Marina MAGNAVAL, 2025-09-08
In the first half of 2025, the insurance market of Belarus amounted to BYN 1,414.81 million (EUR 407.30 million), which is 11.59% more y-o-y in local currency, as data published by the Ministry of Finance of the Republic of Belarus show.
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by Marina MAGNAVAL, 2025-09-08
According to the State Insurance Supervision Service of Georgia, in the first half of 2025, total GWP amounted to GEL 802.13 million (EUR 251.59 million), which is 12.70% more y-o-y. It is noteworthy that paid claims on the market decreased at a similar pace - by 12.56%, to GEL 362.58 million (EUR 113.73 million).
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by Marina MAGNAVAL, 2025-09-08
The insurance market of Ukraine in 1H2025 grew by 37.32% to UAH 33.24 billion (EUR 681.53 million), including life insurance (UAH 2.76 billion), and non-life insurance (UAH 30.48 billion), as data published by the National Bank (NBU) show.
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VIG

Omniasig

EVENTS

4th International Insurance Summit
29 - 30 September 2025
Istanbul, Türkiye
Details: iucevents.com


XXIV. European Traffic Law Days
2 - 3 October 2025
Bucharest, Romania
Details: ietl.net

Georgian Evening - Baden Baden
19 October 2025
Restaurant THE GRILL, Casino Baden-Baden, Germany

Baden-Baden Reinsurance Meeting
19 - 23 October 2025  
Baden-Baden, Germany
baden-baden-reinsurance.com

International Insurance Claims Conference
4 November 2025
Astoria Grand Hotel, Sofia, Bulgaria
Details: xprimmevents.com

International Insurance Conference of Moldova
18 November
Chisinau, Republic of Moldova


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