French reinsurer SCOR announced at the Annual General Shareholders' Meeting of June 30, 2021, SCOR's shareholders, overwhelmingly supported SCOR's strategy and the new governance proposed by its Board of Directors.

Insurance Europe has published their positive response for the overall objective of the European Commission to create a single market for data, where data from public bodies, businesses and citizens can be used safely and fairly for the common good.

Generali has closed its first sustainability bond in accordance with its Sustainability Bond Framework. The company has placed the new Euro denominated Tier 2 bond due in June 2032. This new format confirms Generali's leading position on sustainability matters.

Italian Generali Group announced its new strategy on climate change which updates and extends the Group's existing plan approved in February 2018, pledges significant action related to investment and underwriting activities, the Group's core businesses, committing to a low climate impact future.

"The EUR 6 billion of new green and sustainable investments made over the last three years have allowed us to exceed our pre-set targets ahead of schedule. We believe that the private sector can play a key role in financially supporting the 'Just Transition' for a future with net-zero greenhouse gas emissions by assisting public institutions in taking the necessary actions," stated Philippe DONNET, CEO of the Group.

SCOR's shareholders were presented today the Group's new governance proposed by its Board of Directors, consisting of a separation of the roles of Chairman of the Board and Chief Executive Officer with effect from today.

Generali CEE Holding announced the merger of its Czech and Slovak units: Generali Ceska pojistovna and Generali Slovakia. Generali in Slovakia will operate as a branch of Generali Ceska pojistovna, under the name Generali Poistovna, a branch of an insurance company from another Member State.

Avto Union AD, part of Bulgarian Eurohold, signed a preliminary contract for the sale of its subsidiary N Auto Sofia EAD to Bulpharma OOD, a leading investor in healthcare services.

Standard and Poor's (S&P) has decided to affirm SCOR's Group Financial Strength Rating of 'AA-' with a stable outlook as the company has demonstrated its ability to absorb the shock of the pandemic, to continue to grow, to maintain its profitability and to strengthen its solvency even further.

Swiss Re announced that it has reduced its shareholding in Phoenix Group Holdings plc, by selling an approximately 6.6% stake for GBP 437 million. The Phoenix stake was acquired by Swiss Re last year in the sale of its ReAssure subsidiary.

The 20th Aniversary edition of the 2021 Holiday Barometer has been puplished by the Europ Assistance ("EA"), conducted by Ipsos, a global research firm. Over 14.000 people were questioned between May 5th and May 20th in order to investigate consumer holiday plans and travel preferences.

Global Insurance Law Connect (GLIC), a formal network of insurance law firms, has issued the Risk Radar Report which highlights the follow-on impact of the 'powering up' of digital marketing, sales and claims processing, as insurance buyers around the globe move online permanently after a year of cultural change.

Generali signed an agreement in Malaysia to acquire a 70% stake in AXA Affin Life Insurance joint venture (49% from AXA and 21% from Affin) and approximately a 53% stake in AXA Affin General Insurance joint venture (49.99% from AXA and 3% from Affin and minorities).

Dutch insurance group Aegon announced last week that Allegra van Hovell-Patrizi will succeed Maarten Edixhoven as CEO of Aegon the Netherlands and member of the Management Board of Aegon N.V., effective immediately.

Slovene insurance group TRIGLAV announced the appointment of Andrej Andoljsek as Chairman of the Supervisory Board of Zavarovalnica Triglav d.d. :"The Supervisory Board of Zavarovalnica Triglav d.d. met for the first time in its new composition on 18 June 2021 and appointed Andrej Andoljsek Chairman of the Supervisory Board of Zavarovalnica Triglav".

Bulgarian FSC (Financial Supervision Commission) announced that it granted approval to local insurer DZI - Life Insurance (part of Belgian KBC) to acquire the Bulgarian pension and life insurance business of Dutch-based NN Group.

Generali CEE announced that from 2022, its Czech unit - Generali Ceska pojistovna will not continue to insure CEZ Group's conventional coal-fired power plants. "This decision to end the cooperation in the field of coal insurance was reached after a mutual agreement between the largest Czech insurance company and CEZ Group".

Polish largest insurer PZU SA (Powszechny Zaklad Ubezpieczen Spolka Akcyjna) announced on 16 June 2021 the Company's Ordinary Shareholder Meeting appointed Pawel Karol Mucha as Member of the Company's Supervisory Board. "The resolution came into force upon its adoption".

The global re/insurer SCOR and British multinational universal bank, Barclays have succeeded to put an end to their before the High Court in London on mutually beneficial terms.

AON and Willis Towers Watson shared the following statement in response to the legal action taken by the U.S. Department of Justice: "We disagree with the U.S. Department of Justice's action, which reflects a lack of understanding of our business, the clients we serve and the marketplaces in which we operate."

The annual U.S. Cyber Market Update issued by AON analyses the profits and performance of U.S. cyber insurers during 2020. The sixth edition of the report shows an increase of 21% in 2020 compared to 2019 of the U.S. cyber insurance direct written premiums.