News - Re/Insurance groups

SCOR asks its shareholders to accept "zero" dividends for 2019

The Board of Directors of the French group SCOR has announced on May 25 that it will propose to the Shareholders' Meeting of June 16, that no dividend be distributed for the 2019 fiscal year and that the entire income for that year be allocated to distributable earnings.

Carlos Gonzalez-Perandones to replace Cornelia COMAN as of CEO NN Spain

Carlos GONZALEZ-PERANDONES, currently Chief Sales Officer (CSO) of Nationale-Nederlanden Spain, has been appointed Chief Executive Officer of Nationale-Nederlanden Spain, effective 1 June: "This follows Cornelia COMAN's decision to leave NN Group to pursue opportunities outside our company".

CEO of RBI appointed to UNIQA supervisory body

Johann STROBL, CEO of RAIFFEISEN Bank International AG (RBI), was elected to the Supervisory Board of UNIQA Insurance Group AG by the Annual General Meeting. He was proposed to replace Erwin HAMESEDER, who left UNIQA's Supervisory Board at the end of the Annual General Meeting on 25 May 2020. Click here to read more.

Slovene TRIGLAV and SAVA to suspend pay out dividends by 1 October 2020

Slovene re/insurane groups TRIGLAV and SAVA informed the public of the Insurance Supervision Agency's new call upon the insurance companies to suspend the payout of dividends from accumulated profit and not to undertake any irrevocable commitment to pay out dividends by 1 October 2020.

Aon appoints PETREVSKI as Senior VP and GM of Data & Analytic Services

Global re/insurance broker Aon announced it has promoted Steve PETREVSKI as Senior Vice President and General Manager of Data & Analytic Services to drive its growth strategy through new capabilities that leverage emerging technologies for digital businesses and accelerate foundational Data and Analytic Services capabilities. PETREVSKI will report to John Bruno, CEO of Data & Analytic Services and COO of Aon.

Generali, 1Q2020: P&C combined ratio improved to 89.5%

For the first three months of 2020, Generali Group recorded a net profit of EUR 113 million, 84.8% lower year-on-year. The group's operating result reached EUR 1,448 million, up 7.6%, driven by P&C and Asset Management growths.

VIG Re, 1Q2020: Net earned premiums climbed 35.7% y-o-y

VIG Re, part of the Austrian Vienna Insurance Group, ended the first three months of 2020 with a net profit of EUR 2.4 million, -42.5% lower y-o-y, impacted, as most reinsurers, by the effects of COVID-19 crisis on the financial markets and a higher volume of claims.

GENERALI actions against COVID-19 in the ACEER Region

Italian insurer GENERALI announced that all its subsidiaries in ACEER Region (Austria, CEE & Russia Region) tooked part in different initiatives to help the clients and communities overcome the coronavirus crisis. Thus, GENERALI pubished an overview of actions being taken by its subsidiaries in the Austria, CEE & Russia Region. "It covers different initiatives which have been developed to assist our clients and communities".

Irene DORNER is appointed Chairwoman of AXA's Audit Committee

Following the death of Stefan LIPPE - AXA Director since 2012 and former Chief Executive Officer of the Swiss Re Group, Director of the Company and Chairman of the Audit Committee, AXA's Board of Directors, upon recommendation of its Compensation & Governance Committee, decided to designate Irene DORNER, director of the Company and member of the Audit Committee since April 2016, as Chairwoman of the Audit Committee. Irene DORNER should remain Chairwoman for approximately a year.