News - Re/Insurance groups


CIG Pannonia is the potential buyer of Hungarian Aegon unit

After the decision of the Hungarian authorities to block the sale of Aegon NV's local unit to Vienna Insurance Group in a regional deal of EUR 830 million sale of Dutch insurer's CEE operations to Austrian insurer, Hungarian CIG Pannonia could be the potential buyer, Bloomberg informed here.


AON: ARA's 2020 GWP increased by 6% y-o-y to USD 294 billion

Despite the combined effects of around USD 25 billion of pandemic and natural catastrophe related losses and a compromised investment return, Aon's Reinsurance Aggregate (ARA) of reinsurers was able to report positive earnings for the year and an increased capital base, aided by demonstrated access to new funding.






Achmea's AGM adopts financial statements, approves dividend and announces the new BoD

Dutch insurer Achmea informed its Annual General Meeting (AGM) adopted the 2020 financial statements and also approved a proposal to distribute a dividend of EUR 19.6 million on the preference shares and EUR 149.7 million on the ordinary shares. In addition, the AGM addressed the previously announced appointments of Bianca Tetteroo and Jan van den Berg.

Aegon's Global CTO to steps down

Aegon announced that Global Chief Technology Officer Mark Bloom is stepping down, effective June 1, 2021: "Having led Aegon's technology and innovation activities for more than five years, he has decided to leave the company to pursue other opportunities".

Munich Re reported Q1 result of around EUR 600 million

German reinsurer Munich Re announced preliminary net profit of roughly EUR 600 million for the Q1 2021, which is up on the consensus of EUR 466 million and also the EUR 221 million reported in the same period in 2020.




AGCS announced leadership appointment

Allianz Global Corporate & Specialty (AGCS) announced that David Brown, currently its Head of Insurance Linked Markets will take over as head of its Capital Solutions unit from July 1, 2021, subject to local regulatory approval.