Zurich announced that it intends to exercise its option to redeem CHF 225 million of subordinated debt on June 2, 2021, according to a press release.

Despite the impacts of Coronavirus pandemic (losses of USD 643 million) and large natural disasters (USD 426 million), global reinsurer Swiss Re reported Q1 2021 profit of USD 333 million vs. a net loss of -EUR 225 million a year before.

The virtual Annual General Meeting of Hannover RE adopted all proposed resolutions by a large majority. During the meeting, the Executive Board and Supervisory Board approved to pay an increased ordinary dividend of EUR 4.50 (EUR 4.00) per share for the 2020 financial year.

Hannover Re posted a double-digit growth in premium income for 1T2021 and showed a modestly improved Group net income by 1.7% to EUR 305.9 million. Hannover Re's capital adequacy ratio at the end of March was 252% and hence continues to be comfortably above the limit of 180% and threshold of 200%.

Last September, S&P downgraded Aviva's French subsidiaries from the group level of 'AA-' to 'A+' with a negative 'CreditWatch', and at the end of February from 'A+' to 'A' (and still on negative watch). While 'A' is still a healthy rating, for policyholders it represents a material change.

The European Commission has launched the initiative on Sustainable Corporate Governance in order to reconcile economic growth, social progress, corporate governance and environmental protection, which is a vital and very urgent necessity. The new generation of EU citizens are encouraged to save for sustainable and adequate pensions.

SCOR Corporate Foundation for Science has a new partnership with the Museum national d'Histoire Naturelle (MNHN) in order to conduct a pioneering large-scale study on the risks related to biodiversity loss, under the aegis of the SCOR-MNHN Biodiversity and (Re)insurance Chair, created in 2019.

Re/insurance broker AON reported Q1 2021 revenue of USD 3.52 billion, an increase of almost 10% compared to the prior year period.

Reinsurer VIG Re announced its Supervisory Board unanimously elected Stephan Wirz as a member of the Board of Directors with effect of May 1, 2021 on its meeting of April 22, 2021.

French reinsurer SCOR informed that rating agency Moody's affirmed the Group's insurance Financial Strength Rating of 'Aa3' and to raise the outlook to 'stable'.

Global re/insurance broker MMC (Marsh McLennan) posted Q1 2021 consolidated revenue of USD 5.08 billion (9% more y-o-y) compared with Q1 2020 (USD 4.65 billion)

Bulgaria's Financial Supervision Commission (FSC) approved urohold's capital increase prospectus, which will allow the Bulgarian holding to raise up to EUR 100 million by issuing new shares on the Bulgarian Stock Exchange (BSE).

Warren Buffett, CEO of Berkshire Hathaway, has finally named during the annual meeting who would succeed him if he were to step down. He named the Vice Chairman Greg Abel to take over as chief executive officer of the conglomerate he built according toa declaration of Buffett to CNBC.

The 23 global reinsurers included in the Aon's Reinsurance Aggregate (ARA) reported a pre-tax profit of USD 6.9 billion in 2020, around a third of the level seen in 2019, driven by a P&C underwriting loss of USD 5.9 billion and a 23% reduction in the overall investment result to USD 27.6 billion.

SCOR will reduce the carbon intensity of its corporate bonds and listed equities portfolio by 27% till 2025 in order to become Net-Zero on investments by 2050 as its public pledge. The target was set in accordance with the Inaugural 2025 Target Setting Protocol developed by the Net-Zero Asset Owner Alliance.

CCN Group has achieved solid performance during first quarter 2021 with an increase of 8%, mostly driven by the Workers Compensation/Accident business segment, which saw an eminent double digit growth compared with first quarter 2020. CCN intensified its digital transformation process to deliver value to all stakeholders.

In first quarter 2021, SCOR has demonstrated its shock-absorbing capacity and continued the growth. It has recorded a net income of EUR 45 million and delivered a very high solvency of 232%, which reflects all expected future Covid-19 impacts, above the optimal solvency range of 185% to 220% defined in "Quantum Leap".

At the Annual General Meeting was established that for 2020 financial year, Munich Re will a dividend of EUR9.80 per share, the same as in 2019. The overall dividend payout amounts to about EUR 1.37 billion.

At the Annual General Meeting (AGM) of Munich Re, Carinne Knoche-Brouillon has been newly elected to the Supervisory Board of Munich Re. She is a member of management at C. H. Boehringer Sohn AG & Co. KG.

Chubb and Marsh announced a collaboration with the World Health Organization (WHO) and Gavi, the Vaccine Alliance (Gavi), to secure insurance coverage for the COVAX No-Fault Compensation Program for 92 low- and middle-income countries. The Program is the first and only vaccine injury compensation mechanism operating on an international scale.