News - Insurance




Groupama posted strong growth in annual results for 2021

French insurer Groupama posted FY2021 combined premium of EUR 15.5 billion, up by 7.5% vs. 2020 figure. Life and health insurance increased by 10.6% to EUR 7.8 billion, while property and casualty insurance business was up by 4.0% y-o-y to EUR 7.5 billion. At the same time, the Financial businesses Division generated premium income of EUR 240 million, including EUR 233 million from Groupama Asset Management and EUR 6 million from Groupama Epargne Salariale.

UNIQA Ukraine continues to work and indemnify its customers

Ukrainian subsidiaries of the UNIQA Group, insurance companies "UNIQA" and "UNIQA Life", continued to work despite the war situation in the country and paid their clients indemnities worth UAH 27.1 million between 24 February and 10 March, a company announcement said.



Christoph SCHMALLENBACH is the new CEO of Generali Switzerland

Christoph SCHMALLENBACH, previously a member of the Board of Directors of Generali Germany, is to take over the role of CEO of Generali Switzerland from Andreas KRUMMEL who, after six years as CEO leaves the company to take on new challenges.




The Russian-Ukrainian crisis has no impact in CO business

Croatia largest insurer Croatia Osiguranje announced has no direct operations in insurance and reinsurance business with Russia and Ukraine - nor with reinsurance companies, brokers, MGA agencies, etc., thus the impact of the Russian-Ukrainian crisis, as well as sanctions imposed on Russia - have no impact on the Company's operations.


TURKEY: Insurance supervision sets up a mechanism for insuring sea vessels and aircrafts operating the routes to Ukraine and Russia

Because of the war situation between Russia and Ukraine, the Turkish Insurance and Private Pension Regulation and Supervision Agency (SEDDK), will manage the insurance coverage issues of civil cargo and passenger sea vessels and aircrafts operating the routes between these countries and Turkey within the scope of the Special Risks Management Center until the end of 2022.

Talanx: SB appoints Caroline Schlienkamp as Board Member

German insurance group Talanx announced that Caroline SCHLIENKAMP has been appointed as a Member of the Board of Management of Talanx AG with effect from 1 May 2022, subject to agreement by the Federal Financial Supervisory Authority (BaFin).



MMC appoints Katherine BRENNAN Senior VP and General Counsel

Global re/insurance broker Marsh McLennan MMC announced the appointment of Katherine BRENNAN as Senior Vice President and General Counsel. She succeeds Peter BESHAR - nominated by President Biden and confirmed by the U.S. Senate to serve as the General Counsel of the U.S. Department of the Air Force.