MIM - MetLife Investment Management, the institutional asset management business of MetLife, has appointed Sara Queen as managing director and head of Real Estate Equity, effective March 15, 2021.
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.
Cristiano Borean, Chief Financial Officer of the Generali Group, has been appointed as Chairman of MIB Trieste School of Management, the international school of management headquartered in Trieste.
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.
Slovenian re/insurance group SAVA Re announced that its FY2020 consolidated net profit rose by 12.3% y-o-y to EUR 56.4 million, "better than planned", as the group mentioned in a statement
Due to the uncertain situation regarding the spread of the COVID-19 pandemic and the consequent unclear impacts on the economy and the insurance industry, last week, Slovenian Insurance Supervision Agency asked the supervised entities to suspend dividend payments.
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.
UK insurer AVIVA annouced its exit from the Italian insurance market by selling its remaining life and general insurance business to CNP Assurances and ALLIANZ.
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.
Thee aggregate GWP reported by the 17 CEE insurance markets totaled almost EUR 28 billion at the end of September 2020, about half million EUR less as compared with 3Q2019, according to the quarterly market figures centralized by xprimm.com.
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.
XPRIMM TIME FOR BUSINESS will be LIVE on Wednesday, March 10 at 16.00 EEST for a new online show which will point out the transforming traditional insurance risk transfer to technology-driven risk reduction and prevention services.
The Supervisory Board of Triglav reappointed Marica Makoter as the Management Board member - Employee Representative at the proposal of the Company's Works Council.
Swiss Re has entered into a strategic partnership with ICEYE, the largest commercial synthetic-aperture radar (SAR) satellite operator and flood monitoring provider. Swiss Re's clients will benefit from enhanced insights and bespoke solutions.
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.
Insurance Europe has published its response to a consultation by the European Data Protection Board (EDPB) on draft guidelines which provide the necessary clarity on how to handle practical cases of data breach notifications and the obligations that must be adhered to.
Claire Le Gall-Robinson will join SCOR's Executive Committee staring with March 1. In addition to her role as General Secretary, which she has held since 2016, Claire Le Gall-Robinson is in charge of governance, the compliance function and the legal function.
Aon plc (NYSE: AON), announces a new collaboration with Praedicat, a liability emerging risk analytics company, to develop "named peril" products for insurers, helping them to transfer emerging liability risks to reinsurers and the capital markets.
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.
The Turkish Natural Catastrophe Insurance Pool - TCIP has paid a total of TRY 783.2 million (~ EUR 200 million considering the exchange rate variation) throughout its 20 years of activity. Claims paid in 2020, amounted to TRY 548.7 million, impacted by two major earthquakes that hit Turkey.