Swiss Re Corporate Solutions announced a partnership with Hitachi Europe Ltd., collaborating in an integrated insurance-based offerings for the digital era. The companies will launch a new industry solution that helps organisations accelerate their digital transformation while minimising the risks, as organisations increasingly depend on Artificial Intelligence (AI) powered automation for critical business processes and operations.
On 1 October, the Management Boards of Generali osiguranje, company registered in Croatia, and Generali zavarovalnica dd, Zagreb Insurance Branch (formerly Adriatic Slovenica Zavarovalna druzba dd, Zagreb Branch) signed the Minutes on the conclusion of the transaction that will reunite under one roof all the Croatian business of the Italian group.
The Polish Financial Supervision Authority (KNF) decided on October 2, 2020 to appoint Beata KOZLOWSKA-CHYLA for the position of President of the Management Board of PZU SA, a position that she held on interim basis since the resignation of Pawel SUROWKA.
As of October 1, Robert VRCA has taken over the position of Chairman of the Board and CEO of the Croatian subsidiary of the Austrian Merkur Versicherung AG. He is a member of the Board since July 2017.
Massimiliano Ottochian has been appointed Group Head of Mergers & Acquisitions at Generali, reporting directly to the General Manager, Frederic de Courtois.
Bulgarian financial group EUROHOLD, increased its H1 2020 revenues by the insurance business line in the context of the COVID-19 pandemic, according to the holding's consolidated financial statement for the period January-June 2020.
Allianz SE announced several changes to its Board of Management. Both new board appointments are subject to regulatory approval.
During the 29th Annual General Meeting of VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe, held virtually on 25 September 2020, Katarina Slezakova was elected to the Supervisory Board.
A.M. Best has decided to affirm SCOR's Financial Strength Rating of 'A+ (Superior)' and its Long-Term Issuer Credit Rating of 'aa-'. According to A.M. Best, this decision reflects "SCOR's balance sheet strength, which A.M. Best categorises as very strong, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management."
A consortium of German insurer Allianz and life insurer Athora Holding is in advanced talks to buy Aviva's French operations in a deal worth between 2 and 3 billion euros (USD 2.3 - USD 3.5 billion), StreetInsider.com reports
, citing sources close to the matter.
Swiss Re announced further streamlining of the legal entity structure of the Group. Following the announcement on 19 June 2020 that the Life Capital Business Unit will be disbanded, Swiss Re intends to also reorganise the legal entity structure of its Corporate Solutions Business Unit.
Guy Carpenter & Company, today announced the appointment of Paul Miller to lead Guy Carpenter's Property Catastrophe value proposition for UK, Global Specialties and key global clients, effective September 2021.
Munich Re announced the issue of a subordinated green bond, with the volume issued amounting to EUR 1.25 billion. This bond highlights Munich Re's commitment to using the capital markets to help achieve a climate-friendly transformation of the economy.
The Romanian new created non-life insurer NN Asigurari, part of Dutch NN Group received from the Financial Supervisory Authority - the authorization to operate as non-life insurer on local market.
Belgium-based holding company active in the banking, insurance and asset management sector - KBC Groep NV announced its BoD appointed Koenraad DEBACKERE as Chairman of the Board of Directors succeeding Thomas LEYSEN.
Toyota Insurance Services* (TIS)/Toyota Insurance Management Europe and Swiss Re are partnering up to further develop the Swiss Re ADAS risk score. TIS is the next partner after BMW Group to join the ADAS risk score platform and will, as part of the partnership, make Toyota and Lexus vehicle data available for the purpose of insurance scoring.
Peak Re, a global reinsurer based in Hong Kong, announces the appointment of Mr. Matteo Cussigh as Senior Vice President of Markets.
Zurich Insurance Group today announced the launch of its Climate Change Resilience Services to help businesses better prepare for current and future risks associated with climate change.
British insurer AVIVA annoucend it has sold its Singapore operation to local rival SINGLIFE in a deal that values the unit at GBP 1.6 billion. The UK insurer will retain a 25% stake in the new created business.
Slovene ZAVAROVALNICA TRIGLAV announced S&P Global Ratings reaffirmed the "A" Long-Term Credit Rating and Financial Strength Rating with a stable medium-term outlook of TRIGLAV Group and thereby of its parent company and its subsidiary Pozavarovalnica TRIGLAV Re.