News - Insurance


Julie SWEET appointed as CEO of Accenture

Julie SWEET was assigned the role of Chief Executive Officer of Accenture, joining the company's board of directors. She succeeds David ROWLAND, who was assigned as interim Chief Executive Officer on January 10th.

Sirius Group to form Global Management Committee

Sirius Group announced a generous list of changes in the management structure across the company, a set of "enhancements to unify the global operating structure" and to empower a number of key leaders inside the group.

Andy TAYLOR will be the new CUO of TransRe

TransRe has appointed Andy TAYLOR as Chief Underwriting Officer for the London, Continental Europe, Middle East, Africa and Asia Pacific businesses.




STATISTICS: BELARUS, 1H2019: life insurance increased by almost 31% y-o-y

In the first half of 2019, GWP of the Belarusian market amounted to BYN 689.9 million (EUR 296.72 million), which in local currency is 13.63% more y-o-y. At that, paid claims increased by only 9.16%, to BYN 333.56 million (EUR 143.46 million), data published by the Ministry of Finance show.




LATVIA: new liability limits for drone insurance

On August 13th, the Government of Latvia approved the draft over "unmanned aircrafts and other aircrafts" regulation, according to which all drones that weight over 250 grams (~0.55 lbs) are required to carry a civil liability insurance.



ERGO Germany implements FRISS AI in claims management process

ERGO Germany successfully implemented FRISS Fraud Detection at Claims system in their claims management activity. ERGO Germany will take advantage of artificial intelligence (AI) to optimize their portfolio and fasten the claims management process.


UNIQA, 1H2019: notable growth in CEE and SEE markets

UNIQA Group announced a "solid" first half of 2019, with a net profit of EUR 105.6 million and a total volume of written premiums (GWP) of EUR 2.8 billion. Health segment saw the highest growth in terms of GWP (+3.4%), while Life insurance shrunk by 4.2% at group level.

VIG, 1H2019: strong growth; Group well on course to reach targets

Vienna Insurance Group (VIG) has reported a 6% y-o-y GWP increase, to EUR 5.4 billion for the first half of the year, while on the profitability side, pre-tax profits went up by 10.5%, to EUR 257 million, for a combined ratio of 96.4%, close to last year's level.

METLIFE, 2Q2019: net income doubled in the second quarter of 2019

MetLife reported a consolidated net income of USD 1.7 billion in the second quarter of 2019, a twofold increase compared to 2Q 2018 net income of USD 0.85 billion. For 2019 first six-month period, MetLife consolidated net income was USD 3.1 billion (+46% change y-o-y).

Anette REY joins SCOR as Head Of Group Communications

Anette REY joined SCOR as Head of Group Communications, reporting to the Group Chief Operating Officer, Romain LAUNAY. Based in Paris, she will be responsible for all facets of Group communications, both external and internal.