News - Re/Insurance groups
Allianz Research forecasts global strong but uneven growth in 2022
In their newly published Economic Outlook 2022 report, Allianz Research takes a look at the global economic trends and identifies the main developments for 2022.
27 January 2022Generali announced the resignation of Sabrina PUCCI from the Board of Directors
Assicurazioni Generali informs that the director Sabrina PUCCI, independent director and member of the Remuneration and Appointments and Risk and Control Committees, has announced her resignation from the Board due to personal reasons.
27 January 2022SCOR's asset management company announced changes within its Business Development team
SCOR Investment Partners SE, the SCOR Group's asset management company, announces changes within its Business Development team to realize its third-party asset management growth ambitions and expand its client relationships.
27 January 2022Willis Towers Watson to rebrand as WTW, combined with the company's new Nasdaq ticker symbol
Global brokerage firm Willis Towers Watson announced the rebranding as WTW, combined with the company's new Nasdaq ticker symbol. On January7th, the broker informed its ticker symbol on the Nasdaq stock market "will change to "WTW" at the open of market trading on Monday January 10, 2022". Willis Towers Watson has traded under the ticker "WLTW" since 2016.
27 January 2022Europ Assistance acquires Call 365 to create EA Slovenia
Europ Assistance (EA), a subsidiary of the Generali Group, announced the acquisition of Slovenia-based company Call 365. Call 365 has been operating as Europ Assistance exclusive partner in Slovenia for 3 years, providing roadside and travel assistance services to Slovenian customers and travelers to Slovenia.
25 January 2022Allianz Risk Barometer: Cyber, BI and natural disasters are the Top 3 business risks globally in 2022
Cyber perils are the biggest concern for companies globally in 2022, according to the Allianz Risk Barometer. The threat of ransomware attacks, data breaches or major IT outages worries companies even more than business and supply chain disruption, natural disasters or the Covid-19 pandemic, all of which have heavily affected firms in the past year.
20 January 2022Lloyd's forms new leadership structure to deliver Blueprint Two
Lloyd's announced a new operational structure for the delivery of its transformational Blueprint Two programme following the departure of Lloyd's Chief Operations Officer (COO) Jennifer RIGBY.
19 January 2022Generali announced the resignation of the director Romolo BARDIN
Assicurazioni Generali informs that the director Romolo BARDIN, independent director and member of the Appointments and Remuneration; Investments; Strategic Operations; and Related Party Transactions Committees, has announced his resignation from the Board.
19 January 2022CROATIA Osiguranje elected two SB members
Croatian largest insurer CROATIA Osiguranje announced on the website of Zagreb Stock Exchange (Zagrebacka burza d.d.) that the General Assembly of the company adopted 18 January 2022 the decision on the election of Roberto Skopac and Hrvoje Patajac as members of the Supervisory Board of CROATIA osiguranje for a term of 4 years starting from the 24 April 2022.
19 January 2022Generali announced the resignation of Deputy Vice-Chairman Francesco Gaetano CALTAGIRONE
Assicurazioni Generali informed that the director Francesco Gaetano CALTAGIRONE, Deputy Vice-Chairman, non-independent director and member of the Appointments and Remuneration; Corporate Governance, Social and Environmental Sustainability; Investments; and Strategic Operations Committees, has announced his resignation from the Board on Friday, January 13th.
17 January 2022Czech. Rep: A. M. Best confirmed Generali Ceska pojistovna a financial strength rating of "A" with a stable outlook
Before the end of 2021, the international rating agency A. M. Best, reaffirmed a financial strength rating of "A" (excellent) with a stable outlook for Assicurazioni Generali and its main rated subsidiaries, including Generali Ceska pojistovna. The agency also rated the long-term credit rating at "a +" with a stable outlook.
13 January 2022Zurich to sell its Italian life and pensions back book to GamaLife
Zurich Insurance Group (Zurich) announced that its subsidiary Zurich Investments Life has agreed to sell its life and pension back book, composed of both traditional and unit-linked policies, to the Portuguese insurance company GamaLife - Companhia de Seguros de Vida (GamaLife).
10 January 2022S&P's again confirms rating "A+" with stable outlook for VIG
The international rating agency Standard & Poor's (S&P) again confirmed its rating for Vienna Insurance Group of "A+" with a stable outlook in a press release on 22 December 2021. Vienna Insurance Group thus remains the company with the best rating of all companies listed in the ATX of the Vienna Stock Exchange.
10 January 2022AXA has completed the sale of AXA Bank Belgium
AXA announced today that it has completed the sale of its Belgian banking operations, AXA Bank Belgium, to Crelan Bank NV/SA, for a total consideration of EUR 691 million, comprised of a net cash consideration of EUR 611 million, and the transfer to AXA Belgium of 100% of Crelan Insurance - valued at EUR 80 million.
10 January 2022Allianz France transferred its savings contract portfolio to CNP Assurances
CNP Assurances and Allianz France announced that they have finalized a transfer of savings contracts from Allianz France to CNP Assurances. The transfer comprises more than 20,000 life insurance and capitalization policies for total assets of EUR 2.1 billion.
10 January 2022Aegon to repurchase shares for share-based compensation plans
The Dutch insurance group Aegon announced that it will repurchase common shares for an amount of EUR 50 million to meet its obligations resulting from the 2021 and 2022 share-based compensation plans for senior management. The repurchased shares will be held as treasury shares until they are allocated to the plan participants.
10 January 2022Hungary: VIG agree to share stakes in Aegon and Union with state-owned Corvinus to save the deal
Austrian insurer Vienna Insurance Group (VIG) and the Hungarian government have reached an agreement on the principles of a cooperation and the further course of action, which provides for a participation of 45% by the Hungarian state in the Hungarian AEGON companies and UNION VIG.
27 December 2021Swiss Re Institute: 2021 global insured CAT losses rise to USD 112bn
Swiss Re Institute estimates global insured losses of USD 112 billion in 2021, of which USD 7 billion man-made disasters, while annual insured losses from natural catastrophes are estimated at USD 105 billion, the fourth highest since 1970. While Hurricane Ida was the costliest natural disaster in 2021, winter storm Uri and other secondary peril events caused more than half of total losses as wealth accumulation and climate change effects in disaster-prone areas drive claims.
27 December 2021Lloyd's Asia launches new renewable energy consortium
Lloyd's, the world's leading marketplace for commercial, corporate and specialty risk solutions, has launched a new renewable energy consortium, to respond to the growing needs of the APAC region and supporting countries, as they transition to greener energy solutions.
27 December 2021SCOR's Actuarial Awards for 2021 went in five countries
As every year since 1996, SCOR presented its Actuarial Awards also in 2021. This year's awards rewarded the best academic work in the field of actuarial science in five countries: Germany, France, Italy, Sweden and Switzerland.
21 December 2021
