News - Insurance

Portevin to lead global risk consulting unit at AGCS

Allianz Global Corporate & Specialty (AGCS) - the corporate insurance carrier of ALLIANZ Group - announced that Thierry Portevin, current Global Head of Property at AGCS, will be appointed Global Head of Allianz Risk Consulting (ARC), effective March 8.

Chairman and CEO of The Jasco Group joins AIG's Board of Directors

AIG announced that its Board of Directors has elected James Cole, Jr., as a Director of the company, effective March 15, 2021. Cole is Chairman and Chief Executive Officer of The Jasco Group, a New York City-based multidimensional investment management firm.

Groupama launched Driving Academy in Turkey

French insurer Groupama announced its Turkish unit Groupama Sigorta launched in mid-December its Driving Academy, in a partnership with Intercity Driving Center, the most recognized driving center in Turkey.

AEGON closes the sale of STONEBRIDGE

AEGON announced that it has successfully completed the divestment of STONEBRIDGE, a UK-based provider of accident insurance products to GLOBAL Premium Holdings group, part of EMBIGNELL group.

STATISTICS: Slovenian market totaled almost EUR 2 billion at the end of Q3 2020

The Slovenian insurance market totaled EUR 1.97 billion in the first nine months of 2020, a 3.65% increase y-o-y, according to the Slovenian Insurance Association's Q3 report. Life insurance GWP increased by EUR 7.75 million to EUR 557 million, while the Non-life segment reported a positive rate of 4.68%, reaching EUR 1.42 billion - or 71.76% of total GWP.

Sierra Signorelli was named as CEO Commercial Insurance of Zurich

Zurich Insurance Group (Zurich) has appointed Sierra Signorelli to the role of Chief Executive Officer for Commercial Insurance and as a member of the Executive Committee with immediate effect. The new appointment to the Executive Committee is subject to regulatory approval.

Generali announced 3 new appointments within the Group

Francesco Martorana, Bruno Servant and Tim Rainsford are the 3 new appointments that Generali named within the Group Chief Insurance & Investment function and in the Asset & Wealth Management business unit.