News - Re/Insurance groups

SCOR'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.

AGCS appoints Shanil Williams to Chief Underwriting Officer Corporate

Allianz Global Corporate & Specialty SE (AGCS) announced it has appointed Shanil WILLIAMS as new Chief Underwriting Officer Corporate. In this role, he will join the AGCS SE Board of Management with effect on January 1, 2022, subject to regulatory approval. Currently Global Head of Financial Lines at AGCS, WILLIAMS will succeed Tony BUCKLE who will be leaving Allianz for personal reasons.

Popescu to succeed Eijsink as CEO of NN Life Japan

Frank EIJSINK, currently CEO of NN Life Japan, will be appointed CEO of NN Belgium as of 1 February 2022, subject to regulatory approval. He will succeed Jan Van AUTREVE who has decided to leave NN Group. Marius POPESCU, currently Head of Performance and Analytics NN Group, will be appointed CEO of NN Life Japan as of 1 February 2022, subject to regulatory approval.

Generali launches Lifetime Partner 24: Driving Growth

Last week, the Board of Directors of Assicurazioni Generali approved the Group's new three-year strategy: Lifetime Partner 24: Driving Growth. The plan will deliver sustainable growth across Generali's core and emerging business lines and build on the strong foundations established since 2016.


AGCS names YEE global TMT solution director

Effective January 1, 2022, Jody YEE will be appointed Global Industry Solution Director for Technology, Media & Telecom (TMT) at Allianz Global Corporate & Specialty (AGCS).

AIG names Rose Marie GLAZER Chief Human Resources Officer

American International Group announced that Rose Marie GLAZER, currently Senior Vice President, Deputy General Counsel and Corporate Secretary, has been promoted to Executive Vice President & Chief Human Resources Officer, effective January 1, 2022. Rose Marie GLAZER will report to Peter ZAFFINO, President & Chief Executive Officer, and will join AIG's Executive Leadership Team.



Swiss Re to sell elipsLife to Swiss Life International

Global reinsurer Swiss Re announced that it has agreed to sell its life insurance subsidiary elipsLife to Swiss Life International and to enter into a long-term reinsurance partnership for elipsLife's in-force and new business.

AGCS strengthens its market-facing leadership team

Allianz Global Corporate & Specialty (AGCS) - the corporate insurance carrier of ALLIANZ Group announced is strengthening its leadership team "to support the company's 'pivot to growth', following its successful remediation program. It is attracting both internal talent as well as high-profile external hires to executive positions in its regional management, underwriting and risk consulting functions, all in market-facing roles".


Allianz announced its 2022-24 targets

The German insurer Allianz announced it set its financial bar higher for the between 2022 and 2024, targeting 5-7% annual growth in earnings per share (EPS) and minimum 13% return-on-equity (RoE). "Three levers will drive this ambition: steady topline growth, improvement in profitability, and efficient management of capital", as the insurer' representatives mentioned in a statement.






Talanx places its first Green Bond with a volume of EUR 500 m

Talanx has issued its first Green Bond as a subordinated bond with a volume of EUR 500 million, primarily to institutional investors from Germany and abroad. Overall, the book was significantly oversubscribed. The bond denominated in euros has a fixed coupon of 1.75 percent and the first date for repayment is 1 June 2032. 

ERGO and Santander Germany conclude partnership

German insurer ERGO and Santander Consumer Bank, Germany's fifth-largest credit institution, have agreed on a new partnership. In the first half of the coming year, the two companies will optimize their product offering for their customers as part of a strategic partnership.