European property reinsurance market reaches peak profitability
This result is explained by stable fundamentals, low catastrophe losses and favorable market conditions.
Ukraine has approved a new Strategy for the Development of the Financial Sector. What changes apply to insurance?
The National Bank of Ukraine, the National Securities and Markets Commission, the Deposit Guarantee Fund for Individuals, the Ministry of Finance of Ukraine, and the Ministry of Economy, Environment and Agriculture of Ukraine approved the updated Strategy for the Development of the Financial Sector of Ukraine.
Global reinsurance prices continued to decline during July 2025 renewals
Increasing supply and competition are putting pressure on rates after the 2024 peak.
Mortgages in Ukraine will be insured against war risks from the end of 2025
To revive the mortgage lending market, the Financial Stability Board approved a strategy for the development of mortgage lending.
How to Get Compensation for Cars and Other Movable Property Damaged During the War
What are the protection options and when can you count on compensation
In May, ECA supported over UAH 1 billion in exports
During May 2025, the Export Credit Agency supported UAH 1.14 billion of exports
Global insurance industry premium income grew to €7.0 trillion in 2024
The total premium income of the global insurance industry in 2024 amounted to a record 7.0 trillion euros, exceeding the same figure in 2023 by 8.6% or 557 billion euros.
Political and credit risk insurance is gaining popularity
The total premium income that this insurance segment is capable of generating is estimated at $49 billion annually.
International Working Group under the Ministry of Economy to Develop Strategy for the Development of Ukraine’s Insurance Market
The Ministry of Economy of Ukraine announced the first meeting of the international working group on the development of the insurance market.
In 2024, the growth of the life insurance and risk insurance markets amounted to 11% and 13%, respectively
The National Bank of Ukraine has published the Annual Report for 2024, which provides detailed information on the state of the insurance market as part of the non-banking financial sector of Ukraine.
Insurers suffered record losses due to natural disasters in the first quarter
In the first quarter, natural catastrophes caused $ 53 billion in the global insurance industry in the amount of losses in the amount of $ 53 billion.
The NBU Financial Stability Council has identified systemic risks in the financial sector of Ukraine
Despite growing geopolitical uncertainty, the economic situation and the state of the financial sector in Ukraine remain under control.
Global Insurers and Reinsurers CEOs Upbeat About 2025
Top managers of insurance and reinsurance companies remain cautiously optimistic about 2025, although expectations differ significantly between the property catastrophe reinsurance and liability insurance segments.
Global natural catastrophe losses could top $200 billion in 2025
Global natural catastrophe losses could exceed $200 billion in 2025
Natural catastrophe losses in 2024 reached $417 billion, insured losses – $154 billion
Global natural risks worldwide caused $417 billion in direct economic losses in 2024. The insurance industry covered $154 billion of these losses, but a significant gap in protection of $263 billion remained.