News - Re/Insurance groups

Groupama Biztosito enters the Croatian market

French insurer Groupama announced its Hungarian subsidiary - GROUPAMA Biztosito finalized the acquisition of 100% of the shares of the Croatian insurance company OTP Osiguranje from OTP Banka d.d., Croatian subsidiary of OTP Bank.

Czech Rep.: Lenka KEJIKOVA received the "green light" from CNB as CEO of Generali Pension Company

Italian group GENERALI announced that the Czech National Bank (CNB) approved the appointment of Lenka KEJIKOVA as new CEO of Generali pension company (GPS) in the Czech Republic and a member of its Board of Directors. She was nominated last 1st of July taking over the role from Radek MOC, who is now focusing on his function as Head of Strategy in the Austria, CEE & Russia Region.


Achmea: H1 Operational result increases to EUR363 million

Dutch financial group Achmea announced its H1 2021 operational result increased to EUR 363 million compared to EUR 127 million in the first half year of 2020. "A good start, but uncertainties remain in the second half of the year", said Bianca TETTEROO, Chair of the Executive Board.


BiH: UNIQA shows continuous growth in 2021

In H1 2021, UNIQA BiH achieved a growth of 19.7% and a total premium of BAM 35.7 million (~EUR 18.7 million), which positions the company on top of the insurance market, according to the total realized premium, as the Austrian insurance group UNIQA announced in a statement.


Arthur J. Gallagher & Co. to acquire WTW's Treaty Reinsurance brokerage operations

Arthur J. Gallagher & Co. recently announced an agreement to acquire the treaty reinsurance brokerage operations of Willis Towers Watson plc for a total consideration that may reach USD 4 billion. The transaction is subject to customary regulatory approvals and expected to close during the fourth quarter of 2021.

NN Group posted H1 net profit of EUR 1.41 billion

At the end of June 2021, the NN Group's net profit increased to EUR 1.41 billion compared with EUR 587 million in the first half of 2020. At the same time, the Dutch financial group noted that the operating result increased to EUR 1.12 billion from EUR 926 million in the first half of 2020, "with almost all segments reporting higher results".



Talanx strengthens its market position in Latin America

Talanx is strengthening its presence in the insurer's strategic target region of Latin America. The Chilean subsidiary company HDI Seguros and state-owned bank BancoEstado have signed an exclusive agreement for the coming 13 years covering the sale of non-life insurance products. The partnership is scheduled to start on 1 January 2022 and secures Talanx its market position among the Top 5 non-life insurers in Chile for the long term.

VIG, 1H2021: Profit before taxes rises 25% to EUR 251 million

Austrian Vienna Insurance Group ended 1H2021 with a 3.5% increase in the premium volume, to EUR 5.77 billion and 25% increase in the profit before taxes, to EUR 251 million. All key figures show significant improvements y-o-y, indicating that performance continues to be highly stable during the ongoing Covid-19 pandemic.