Global insurance and reinsurance group Zurich has reported half-year 2021 business operating profit (BOP) of USD 2.7 billion, an increase of 60% compared with USD 1.7 billion in the first six months of 2020, while the net income after tax attributable to shareholders was USD 2.2 billion, an increase of 86% compared with the prior-year period

Global reinsurer Hannover Re has reported Group net income of EUR 670.6 million for the first half of 2021 (vs. EUR 402.4 million), while the operating profit (EBIT) on the Group level improved substantially to EUR 956.1 million (EUR 503.5 million). At the same time, group GWP increased by 10.0% to EUR 14.5 billion (EUR 13.1 billion). For the full year 2021, the reinsurer continues to expect net income in the range of EUR 1.15 billion to EUR 1.25 billion.

On 12 August 2021, the European Commission decided to grant competition clearance to the acquisition of the Aegon business in Central and Eastern Europe (Hungary, Poland and Romania) by Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG), the Austrian group announced.

German insurance group Talanx announced its half year operating profit increased to EUR 1.3 billion vs. EUR 0.7 billion a yar before. "Coronavirus effects substantially lower than in the first half of 2020", as the insurer announced in a statement.

Munich Re generated a profit of EUR 1,695m in the first half of 2021. The impact of COVID-19-related losses on reinsurance business came to EUR 505 million, out of which EUR 203 million was attributable to the property-casualty segment and EUR 302 million to life and health reinsurance.

French insurance group AXA posted H1 2021 gross revenues of EUR 54 billion, up by 7% vs. H1 2020 a 101% increase in underlying earnings to EUR 3.6 billion and a rise in net income to EUR 4 billion (+191%).

Global insurer AXA has announced in a statement AXA's Board of Directors decided to propose the renewal of Thomas Buberl's mandate as a member of AXA's Board of Directors and Group Chief Executive Officer.

Swiss Re Corporate Solutions appointed Marilyn Blattner-Hoyle as Global Head Trade Finance in its Global Credit & Surety unit, effective 18 August 2021.

Global re/insurance broker AON announced that Tasha Barbour has joined the Managed Care team of Aon's Reinsurance Solutions in the United States.

In the first half-year of 2021, German group's Allianz consolidated operating profit grew by 36.7% to EUR 6.7 billion, driven by all business segments. Property-Casualty recorded a higher underwriting result while an improved investment margin led to an increase in our Life/Health business operating profit.

The shareholders of EUROINS Romania commit to further invest in the Romanian insurance market as the company announces another round of capital increase worth over RON 120 million, after two other recent successive capital increases worth over RON 126 million.

Generali reported operating result of EUR 3 billion (+10.4%), which grew thanks to the positive performance of the Life, Asset Management and Holding and other business segments, the group said in its press-release.

Willis Towers Watson, a leading global advisory, broking and solutions company, has announced financial results for the second quarter ended June 30, 2021, according to which the company's total revenue increased 8% to USD 2.3 billion, said the company in its press-release.

Re/insurance broker AON posted Q2 2021 total revenue of USD 2.9 billion, 16% more y-o-y "driven by 11% organic revenue growth, a 4% favorable impact from foreign currency translation, and a 1% favorable impact from acquisitions, divestitures, and other".

Swiss Re reported a Group net income of USD 1.0 billion and an ROE of 8.2% in the first half of 2021, with very strong performance in the property and casualty businesses amid diminishing COVID-19-related impacts. Excluding COVID-19-related losses, Swiss Re's net income was USD 1.7 billion, compared with USD 865 million in the same period of the prior year.

American International Group announced that Sabra Purtill has been named Executive Vice President, Chief Risk Officer. Based in New York, she will report to President and Chief Executive Officer, Peter Zaffino, and will join the AIG Executive Leadership Team. Sabra Purtill has been serving as interim Chief Risk Officer for AIG since February 2021.

Allianz (China) Insurance Holding announces that Allianz Insurance Asset Management (Allianz China IAMC) has received approval from the China Banking and Insurance Regulatory Commission to be established as the first wholly foreign-owned insurance asset management company in China, with a registered capital of RMB 100 million, headquartered in Beijing.

Belgium's KBC Group and the Netherlands-based NN Group finalised the agreement announced on 11 February 2021 for KBC's Bulgarian subsidiary, DZI - Life Insurance EAD, to acquire all the shares of NN Pension Insurance Company EAD and all the assets and liabilities of NN Insurance Co. Ltd. - Sofia Branch.

Polish non-life insurers Concordia Polska T.U.S.A. and Generali T.U.S.A. have merged on the 30th of July 2021, as Generali CEE Holding announced in a statement.

German insurer Allianz informed Lauren Day will be new Global Head of Communications and Reputation as of August 1, 2021, replacing Sabia Schwarzer who has decided to leave the company.