News - Re/Insurance groups

Anna JANICZEK appointed acting president of PZU Zdrowie

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.

Gregor PILGRAM to become GENERALI Austria's new CEO

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.

VIG Re, FY2019: net profit remained stable at EUR 21 million

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.

IGI Receives Provisional NAIC Approval to Write U.S. E&S Business

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 President Pawel SUROWKA has resigned

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%.