In the first quarter of 2019, the Insurance Pool against Natural Disasters of Romania (PAID) paid five times more indemnities for Nat Cat events, compared to the same period in 2018. About RON 1.24 million (~EUR 0.26 million) was offered as compensation for those insured by PAID, according to latest data requested from PAID by 1asig.ro.

Reinsurance broker GUY CARPENTER announced a series of international leadership appointments - following the Jardine Lloyd Thompson Group plc (JLT) acquisition.

German reinsurer HANNVER Re informed in a statement that the Annual General Meeting approved by a large majority all proposed resolutions put to the vote, including the appointment of Jean-Jacques HENCHOZ as Chief Executive Officer (CEO).

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On 25 June, the Association of European Businesses (AEB) as the AIDA Russian Chapter is organizing the "State Insurance Supervision Efficiency in a Frame of a New Solvency Regulation Approach" Conference.

The Analytical Credit Rating Agency (ACRA) affirmed (RU), outlook stable for the Russian National Reinsurance Company (RNRC), the reinsurer informed.

For the first three months of this year, the average MTPL loss ratio increased from 62.9% to 64.5% (without deduction of reserves) and from 71.1% to 73.7% (with deduction of reserves), according to the Bureau of Motor Insurers.

As of the end of March 2019, asset growth of Kazakh insurance companies reached 16.9% y-o-y, according to Allinsurance.kz.

As from 1 May 2019, Giulia RAFFO is appointed as Head of Investor & Rating Agency Relations, directly reporting to the General Manager, Frederic de COURTOIS.

Dutch insurer ACHMEA announced that Can Akin CAGLAR has decided to step down from his position as CEO of EUREKO Sigorta, Achmea's subsidiary in Turkey, as per the 10th of May 2019. He held this position for the past five years.

Hannover-based insurer TALANX informed it is expanding its activities in Turkey by acquiring the P&C insurer ERGO Sigorta.

AXA XL Insurance has partnered with AXA - Global Healthcare to launch a new healthcare insurance solution for Spanish and Portuguese companies with employees on expatriate assignments.

Allianz Capital Partners (ACP) on behalf of Allianz insurance companies has, in a consortium led by Macquarie Infrastructure and Real Assets (MIRA), reached an agreement to purchase a stake in GasNet.

SCOR notes the decision of the General Court of the European Union, which confirms the decision of September 26, 2016, by the European Commission concerning the guarantee granted by the French State to the CCR regarding natural catastrophe reinsurance in France.

Sirius Group reported comprehensive income of USD 76 million for the first quarter of 2019 compared to USD 30 million for the first quarter of 2018. Gross written premiums for the quarter were USD 622 million, reflecting an increase of 1%.

Hannover Re net income increased by 7.4% in the first quarter of 2019, compared to first quarter of 2018 level, reaching EUR 294 million. The operating profit (EBIT) grew by more than EUR 16 million (+3.7%) to EUR 450 million.

On April 30^th, during the constituent meeting of the new Supervisory Board of Munich Re, Nikolaus von BOMHARD (62) was elected as Chairman of the Supervisory Board. Anne HORSTMANN (49) was elected as Deputy Chair of the Supervisory Board.

Aon's latest ARA study over 23 large reinsurance companies found that total capital deployed stood at USD 233 billion at 31 December 2018. Operating performance improved, despite high losses caused by natural events. The investment result was weaker, earnings remaining well below the cost of capital.

MAPFRE initiated its Strategic Plan 2019-2021, stimulating profitable growth and improving the key financial indicators against a backdrop of near currency neutrality and a still complex global economic environment.

Swiss Re reported a net income of USD 429 million for the first quarter of 2019, reflecting high L&H Re performance and strong investment results, but the large losses from property and casualty (P&C) businesses impacted the overall results.