News - Re/Insurance groups


Generali opens its representative office for the European Union in Brussels

Generali has opened a representative office in Brussels to study the activities of European Union institutions and strengthen EU public affairs activities. Specifically, the Group aims to best represent its business priorities while playing an increasingly active corporate citizenship role in order to contribute to sustainable recovery and the European Green Deal.



Leadership change at Allianz Holdings plc after 8 years

Allianz UK has elected Colm Holmes as the new CEO to succeed Jon Dye. After 8 years of leading, Jon Dye will be stepping down as CEO at the end of November 2021. Holmes, who currently serves as CEO of Aviva General Insurance, will take over the role.

Matteo Cussigh to lead Peak Re Swiss subsidiary

Jacques Burri, the former CEO of Peak Re AG and Head of Marketing & Production in Europe, and Emmanuel Thommen, the former Senior Vice President at Peak Re AG have retired. Matteo Cussigh took the role of CEO for its wholly-owned subsidiary Peak Reinsurance AG ("Peak Re AG"), and Head of Marketing & Production, Europe, Peak Re.


BMS extends its footprint in Turkey

New establishment of BMS, the independent specialist insurance and reinsurance broker, will be in Turkey. BMS Sigorta ve Reasurans Brokerligi A.S ("BMS Turkey") new unit will have the headquarter in Istanbul and leaders will report in London to Peregrine Towneley, Chairman of International Operations.



MMC re-elects BoD during 2021 Stockholders' Meeting

Global re/insurance firm Marsh McLennan (MMC) announced during its annual meeting of stockholders, elected the entire slate of 2021 director nominees for a one-year term expiring at next year's annual meeting.


EUROHOLD posted Q1 net loss of - EUR 2.6 million

Bulgarian financial holding EUROHOLD, the shareholder of EUROINS Insurance Group, reported Q1 2021 net income of BGN 0.85 million (~EUR 0.46 million). "For comparison, the income reported by EUROHOLD as of 31.03.2020 amounted to BGN 1.79 million", as the company mentioned in its Interim Report at 31 March 2021 published on its website.


20 years on the market and a great success for SKALA

SKALA Reinsurance Brokers Ltd. celebrates 20 years of activity on the reinsurance market and has gained the trust of many partners around the world. The first major reinsurance contract was the largest Oil Refinery in Russia.

Romania: SIGNAL IDUNA acquires part of the ERGO Group and increase the premiums by 50%

The insurance company SIGNAL IDUNA ASIGURARE REASIGURARE announces as of May 20, 2021 the signing of an agreement for the acquisition of the companies ERGO Asigurari de Viata and ERGO Asigurari, part of the ERGO Group. The transaction will be subject to the approval of the Financial Supervisory Authority (ASF) and the Romanian Competition Council.


Romania: The Competition Council greenlights GOTHAER take over by ALLIANZ-TIRIAC

The Competition Council of Romania has authorized the transaction through which ALLIANZ-TIRIAC Asigurari takes over the company GOTHAER Asigurari Reasigurari. The Romanian subsidiary of GOTHAER is active since 2012, but in recent months, the German Group has changed its strategic direction to focus on the home market.