Staring with June 2021, SCOR will have a new Chief Executive Officer (CEO) after Denis Kessler's announcement to relinquish, for personal reasons, his duties as CEO. The Board changed the succession plan and named Laurent Rousseau to replaced Kessler, who will remain as Chairman of the Board of Directors.

Reinsurance broker Guy Carpenter part of MMC - Marsh McLennan, announced the appointment of Luca Tres as Head of Strategic Risk and Capital Life Solutions, EMEA, effective June 1, 2021.

Dutch insurer AEGON announced its Q1 20201 operating result increased by 20% compared with the first quarter of 2020 to EUR 431 million.

In 2020, the reinsurer part of Austrian Vienna Insurance Group - VIG Re, posted gross written premiums of EUR 579 million, up by 10%. "Premiums growth is driven by continued franchise development in all regions, particularly business underwritten by the branches in Frankfurt a. M., Germany and Paris, France", as the reinsurer mentioned in a statement.

Aon plc and Willis Towers Watson announced they have signed a definitive agreement to sell Willis Re and a set of Willis Towers Watson corporate risk and broking and health and benefits services to Arthur J. Gallagher & Co. (Gallagher). These businesses will be divested for a total consideration of USD 3.57 billion.

The 3^rd edition of the Georgian International Insurance Conference, to take place on 20 May, 14.00 GST (Georgian Standard Time), will not only touch the most relevant issues of the local and regional market, but will also host the official launch of the Insurance Profile Georgia FY2020, a comprehensive report produced by XPRIMM.

Generali signed a Memorandum of Understanding together with other five reputed academic and research entities to create the Data Science & Artificial Intelligence Institute. The goal is to create a centre of innovation to generate research and new business opportunities based on data science and artificial intelligence.

The Serbian insurance market reported a 2.3% y-o-y increase in FY2020 GWP to RSD 110 billion (EUR 935 million), according to the NBS's (National Bank of Serbia) year-end figures.

HAIC - the Hellenic Association of Insurance Companies has published the Q1 20201 preliminary figures of the local insurance market. According to the data of the member insurance companies, the value of aggregate GWP - life and non-life insurance, added-up, was up by 8.1% y-o-y to EUR 1.07 billion.

Thus, during the first quarter of 2021, the Greek life insurance segment increased by more than 14% y-o-y to EUR 518.7 million, while the general insurance subclasses expanded by almost 3% y-o-y to EUR 557 million.

The Q1 2020 market results published by HAIC include the figures for 50 insurance companies of which 18 were active in life insurance (and accounted for 99.8% of the segment market's full data for 2020) and 45 were active in non-life insurance (94.6% market share).

For the first quarter of 2021, the insurance market in Kazakhstan showed an impressive growth - by 34.48% to KZT 217.62 billion (EUR 436.88 million).

The insurance market in Kyrgyzstan in the first three months of 2021 reached KGS 325.17 million (EUR 3.27 million), while insurers paid only KGS 42.27 million for insured events, thus the paid claims ratio amounted to 13%, as the data published by the State Service of regulation and supervision of the financial market at the government of the Kyrgyz Republic shows.

The Shareholders' Meeting of Assicurazioni Generali approved the distribution of a dividend per share of EUR 1.47, split into two tranches of EUR 1.01 and EUR 0.46, respectively. The two tranches correspond to the regular pay-outs for 2020 and second half of 2019.

Total revenues of ALLIANZ Group declined by 2.6% to EUR 41.4 billion and were flat y-o-y, adjusted for currency and consolidation effects, while the operating profit increased by 44.8% to EUR 3.3 billion, with all business segments contributing. 2021 operating profit target confirmed at EUR 12.0 billion, +/- EUR 1 billion.

Andrey BURMISTROV has been appointed Risk Director of SBERBANK life insurance, according to the insurer's press release.

Belgian KBC Group announced a EUR 557 million net profit in Q1 2021, a very good result considering "the bulk of bank taxes for the full year are recorded - as always - upfront in the first quarter of the year", as Johan THIJS, CEO, explained in a press release.

Estonian LHV Kindlustus, has just started the active offering of motor insurance, bringing a domestic alternative to the non-life insurance market occupied by foreign companies, MarketScreener reports. The company is already providing home insurance, as well as equipment and additional guarantee insurance.

Zurich first quarter update presented a strong start to the year with a growth of 9% on a like-for-like basis driven by strong growth in commercial insurance and further improvement in pricing. Also, Zurich continued to focus on customers, with approximately 300,000 net new retail customers added in 1Q2021.

SCOR supports Verisk with a new life solution: EHR Triage Engine Plus, which leverages natural language processing and artificial intelligence to distill critical insights from medical notes in lengthy, consumer-authorized, electronic health records (EHRs).

GFIA appreciates the opportunity to comment on the application paper on macroprudential supervision issued by the International Association of Insurance Supervisors (IAIS). The insurance industry welcomes the reference to and the application of the overarching concept of proportionality in macroprudential supervision.

The 61,200 shares of MOLDASIG with a cost over one million USD have been put up for auction by Banca de Economii (The Savings Bank), which is in the liquidation procedure, www.xprimm.md reports.