Lloyd's has informed that it will merge the Council with the Franchise Board from June 2020 to create a unified governing body, after receiving widespread support from across the market.

The Financial Supervisory Authority (ASF) announced it performed an analysis of the damage files related to the MTPL policies, approved by the insurance companies in the second quarter of 2019.

The rating agency Expert RA improved the national rating of RENAISSANCE LIFE to ruA+, outlook stable, ASN reports.

In the third quarter of 2019, ERGO consolidated profit decreased to EUR 119 million (-31.4%), while the first nine months profit was positive but smaller too, amounting EUR 339 million (-5.4%).

For the third quarter of 2019, Talanx Group consolidated operating profit reached EUR 619 million, increasing by 139% year-on-year. The first nine months operating profit was EUR 1,863 million (+26.7%).

For the first nine months of 2019, Zurich Insurance Group (Zurich) Property and Casualty (P&C) amounted USD 26.4 billion (up 7%), while the Life annual premium equivalent was USD 3.2 billion (down 6%).

From January to September 2019, GWP of the TAS Insurance Group increased by 31.4% y-o-y, Forinsurer reports.

In November 2019, Azerbaijani Minister of Labor and Social Protection of the Population, Sahil BABAYEV and Bulgarian Ambassador Nikolay YANKOV at the DOST (Sustainable and Operative Social Security) Agency signed an intergovernmental agreement on pension insurance in Baku, as Azernews reported with reference to the Ministry of Labor and Social Protection of the Population.

Swiss Re Corporate Solutions (SRCS) appoints Loredana MAZZOLENI NEGLEN as Head Customer Experience & Global Sales Steering, effective 1 February 2020. In this newly created role, she will be responsible for supporting SRCS to better understand and address its customers' needs and pain points, and deliver a better Customer Experience.

Jan-Hendrik ERASMUS, current Chief Risk Officer (CRO) of NN Group will join Aviva plc as Group Chief Risk Officer.

Munich Re generated a profit of EUR 865 million (3Q2018: EUR 483 million) in the third quarter of 2019, 79.1% higher than the result of the same period of prior year.

From January to September 2019, Hannover Re registered a net income of EUR 1,003.2 million, 38.3% higher year-on-year (9M2018: EUR 725.3 million).

Allianz Global Investors (AllianzGI) has announced the retirement of Andreas UTERMANN from the position of CEO, to take effect on January 1^st, 2020.

Estonian Finantsinspektsioon (FSA) announced the appointment of Siim TAMMERI as the new member of the Management Board, effective from January 1^st, 2020.

Vienna Insurance Group (VIG) and Wiener Stadtische are the new "Founding Partner" of the leading global innovation platform, Plug and Play, in Silicon Valley.

The National Bank of Hungary (MNB) announced the decision to temporarily suspend NOVIS life insurance product distribution after the regulator found several problems that might affect the Hungarian customers.

Generali Group net profit for the first nine months of 2019 was EUR 2,163 million, 16.6% higher than the net profit of the same period of prior year.

For the first nine months of 2019, Allianz Group's operating profit grew by 4.2% to EUR 9.1 billion (9M2018: EUR 8.7 billion), mostly due to a one-off profit from Life/Health business in the United States.

At the end of September 2019, for the first nine months of current year, AXA Group's total revenues went up by 5%, amounting EUR 79.7 billion. Most of this amount came from French and European markets.