Triglav Group's capital adequacy was 223% as at the 2019 year-end (2018: 216%), staying within the target range in accordance with Triglav Group's capital management policy.
Anna JANICZEK was appointed to the Management Board of PZU Zdrowie SA, the health insurance arm of the PZU Group. She will simultaneously act as the President of the Management Board, the Supervisory Board of PZU Zdrowie SA decided.
TALANX Chief Financial Officer Immo QUERNER was appointed to the Supervisory Board of Deutsche Bahn on Wednesday, 25 March, informed the German insurers on its website.
Lloyd's announced a return to profit of GBP 2.5 billion (pre-tax) for 2019, representing an improvement of GBP 3.5 billion on the previous year (2018: a loss of GBP 1.0 billion) and an 8.8% return on capital (2018: (3.7%)).
Guy Carpenter announced that it has entered into a strategic relationship with RiskGenius, to revolutionize the detection and qualitative analysis of silent cyber exposure across various lines of business.
Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and a business of Marsh & McLennan Companies, announced today that George WILLIAMS has been appointed as Managing Director, Global Head of Client Support Services, effective immediately.
GENERALI CEE informed as of 1 May 2020 Gregor PILGRAM will become Chairman of the Board of Directors and Chief Executive Officer of GENERALI Versicherung, as well as GENERALI Group's Country Manager in Austria.
Maarten PERQUIN has been appointed as chairman of ACHMEA's Pension & Life division with effect from 1 May 2020. He is succeeding Frans van der ENT, who will be pursuing his career outside the company from this date.
Everest Re Group announced the promotion of Don Mango to Everest Group Chief Risk Officer and Chief Actuary effective March 30th.
Willis Towers Watson announced the appointment of Susan Finbow as Global Head of FINEX (Financial, Executive and Professional Risks) Financial Institutions.
RMS, the world's leading catastrophe risk modeling company, announced the appointment of Michael Steel as Global Head of Business Development, joining the RMS Executive Committee.
At the end of 2019, for 12 months ended, Vienna Insurance Group (VIG) recorded a net result of EUR 331 million, 23.2% more compared to 2018. The result before tax was EUR 522 million, up 7.4% year-on-year.
VIG Re, part of Vienna Insurance Group, closed the year 2019 with a net profit of EUR 21 million, staying at almost the same level recorded at the end of 2018. The profit before taxes was EUR 26 million, increasing slightly by EUR 65 thousand y-o-y.
Talanx Group ended 2019 with a consolidated net income of EUR 923 million, 31.3% more year-on-year, driven by increased earnings in all four main divisions of the group, particularly on Industrial Lines.
International General Insurance Holdings Limited ("IGI" or the "Company") today announced that its Bermuda subsidiary, International General Insurance Company Ltd. ("IGI Bermuda"), has been granted provisional approval by the National Association of Insurance Commissioners (NAIC) to begin writing U.S. excess and surplus ("E&S") lines business effective April 1, 2020, pending execution of the IGI Bermuda U.S. E&S lines trust agreement which is currently in progress.
PZU SA announced in March 2020 the appointments of Beata KOZLOWSKA-CHYLA and Malgorzata KOT to the Management Board of the company.
On March 12, 2020, PZU announced the resignation of Pawel SUROWKA, President of PZU Group. During his leadership, PZU Group's net profit doubled, ROE increased by 40%, while the premiums written went up 20%.
Aviva ended year 2019 with a consolidated operating profit of GBP 3.2 billion, up 6% year-on-year, giving a rise to 8% growth in operating earnings per share to 60.5 pence (FY2018: 56.2 pence).
Generali Group ended the year 2019 with a consolidated operating result of EUR 5,192 million, an increase of 6.9% compared to the previous year, thanks to positive performance on all main business segments.
Over the year 2019, Groupama's consolidated premium income reached EUR 14.4 billion, 1.7% more year-on-year, supported by the 2.6% growth in France which compensated the 2.3% decrease in premiums recorded outside France.