Based on the reports of MABISZ members, the premium income of the Hungarian insurance market increased by 12.5% in 2024 on an adjusted premium basis compared to the previous year. Adjusted premium income in the life area grew by 15.1% and in the non-life area by 11.2%. The companies in the insurance sector are working responsibly for the benefit of Hungarian society, and they can be justly proud of this, said Mihály Erdős, President of the Association of Hungarian Insurance Companies, at his annual press conference on Monday 3rd March 2025.

Efficient and effective professional cooperation has been established this year between the Hungarian Insurers and the Associaton of Hungarian Insurance Companies(MABISZ), which can be built upon in the future – this was said at the executives’ roundtable discussion of the XIV International Insurance Conference of MABISZ on 20 November 2024. The largest annual event of the Hungarian insurance sector this year was dedicated to the role of digitalisation and artificial intelligence in insurance.

The Association of Hungarian Insurers organised the “Assure Yourself!” case study competition for the eighth time. This year, 200 students from 68 secondary school teams from all over the country entered the competition. As part of the competition, the competing teams carried out a questionnaire survey of their fellow students on insurance knowledge and planned events to promote insurance effectively. The podium winners of the 15 November final were teams of secondary school students from Eger, Nyíregyháza and Székesfehérvár.