Croatian largest insurer CROATIA Osiguranje (CO) announced on the website of Zagreb Stock Exchange (Zagrebacka burza d.d.) that the Governing Board of the Croatian Financial Services Supervisory Agency (HANFA) adopted a decision granting authorisation to Davor TOMASKOVIC, Robert VUCKOVIC, Luka BABIC and Vanco BALEN to perform the function of a member of the Managment Board of the Company.

Oliver BAETE has won the German Diversity Award in the category "Personality of the Year" 2022, as the German insurer ALLIANZ announced in a statement, representing "ALLIANZ`s unwavering engagement and the commitment of our CEO on diversity, equity and inclusion (DE&I)".

NN Group announces that it has reached an agreement with Rockbridge to sell the former MetLife asset management business in Poland.

NN Group announced that its subsidiary NN Insurance Belgium has completed the sale of a closed book life portfolio to Athora Belgium, announced about a year ago.

Munich Re has acquired apinity GmbH, a start-up that supplies application programming interface (API) solutions in the form of Software as a Service (SaaS) for the insurance industry's entire ecosystem.

SCOR Investment Partners is pleased to announce an intermediary closing of the fourth vintage of its senior secured infrastructure debt strategies, SCORLUX Infrastructure Loans IV, with commitments of EUR 320 million.

Zurich Insurance Group (Zurich) announced the appointment of Raul Vargas as CEO of Farmers Group, Inc., a wholly owned subsidiary, and as a member of the Zurich Group Executive Committee. The change will be effective January 1, 2023.

German insurer Allianz announced changes to its divisional setup, effective January 1, 2023, in order to "accelerate its strategy of simplicity at scale and to align the expertise of its safeguarding functions".

According to a report released by Insuramore for the global commercial P&C (non-life) insurance market, 145 insurer groups had gross direct premiums written (GDPW) of more than USD 1 billion in 2021.

Following its regular annual rating review, the rating agency AM Best (Agency) affirmed the financial strength rating of Sava Re of "A" (Excellent) and its long-term issuer credit rating of "a" (Excellent), both with a stable outlook, the Slovenian reinsurer said.

Vienna Insurance Group (VIG) appointed Anna Wlodarczyk-Moczkowska, ex-Wiener TU's CEO, as president of the management board of both Compensa insurance companies in Poland, replacing Artur Borowinski, who resigned on September 12, the Polish magazine Gazeta Ubezpieczeniowa reports.

Against the backdrop of a trend towards more expensive large losses, German reinsurer Hannover Re expects further price increases and improved conditions in property and casualty reinsurance.

Swiss Re's Group Chief Investment Officer and Country President Switzerland, Guido Furer, has decided to retire effective 31 March 2023, after 25 years with the Company and having served as Group CIO for a full decade.

Eurohold`s energy subholding bought all remaining shares of minority shareholders for c. BGN 7.8 million (EUR 4 million) and both companies will be delisted from the Public Companies Register

Lloyd's of London announced an improved underwriting result for the first six months of 2022, with an underwriting profit of GBP 1.2? (HY 2021: GBP 0.96 billion) and a combined ratio of 91.4% (HY 2021: 92.2%).

The Talanx Group lifted both premiums and Group net income in the first half of 2022. Gross written premiums saw a clear double-digit rise of 17.7% y-o-y period to EUR 28.3 billion.

Munich Re's Economic Research Department estimates that the reinsurance sector will grow by 2-3% worldwide from 2022 to 2024, when adjusted for inflation with the strongest growth likely to be in Latin America, at 4-5%, as the company's recent press-release said.

Italian insurer Generali informed it has completed the acquisition of the majority stakes in the AXA-Affin joint ventures in Malaysia, therefore becoming a top-tier General Insurer player in the country, in line with its strategy to strengthen its leadership position in high potential markets.

Polish insurance group PZU SA (Powszechny Zaklad Ubezpieczen Spolka Akcyjna) announced that on 1 September 2022 on the occasion of Company's Extraordinary Shareholder Meeting, Piotr Wachowiak was appointed as Member of the Company's Supervisory Board. "The resolution came into force upon its adoption".

The rating agency S&P Global Ratings (Agency) affirmed the "A" (strong) insurer financial strength rating of Sava Re d.d. and Zavarovalnica Sava d.d., maintaining the stable outlook, the Slovenian company announced.