News - Re/Insurance groups
Aviva appoints Cheryl TONER as Chief Customer and Marketing Officer
UK insurer Aviva announced the appointment of Cheryl TONER as Chief Customer and Marketing Officer.
14 April 2021Jef VAN IN is appointed CEO of AXA Next and Group Chief Innovation Officer
French insurance group AXA announces the appointment of Jef VAN IN, currently CEO of AXA Belgium, as CEO of AXA Next and Group Chief Innovation Officer, effective July 1.
14 April 2021Jella BENNER-HEINACHER has been appointed to be the only representative of EU citizens as "retail" investors
The European Financial Reporting Advisory Group (EFRAG) re-appoints BETTER FINANCE candidate Jella BENNER-HEINACHER as the only Board Member representing Retail Investors. She is the Deputy Chief Director of the Deutsche Schutzvereinigung fur Wertpapierbesitz (DSW) and BETTER FINANCE Vice-President.
14 April 2021CALDERA to succeed MAHIEU as Aegon Chief Human Resources Officer
Dutch insurer Aegon announced that Italian Elisabetta CALDERA will join Aegon as Chief Human Resources Officer, effective June 1, 2021. Elisabetta CALDERA will succeed Carla MAHIEU, who has decided to step down after more than a decade in the role (more details here).
14 April 2021Eurohold's shareholders approved capital increase
Bulgarian financial holding Eurohold, the owner of Euroins Insurance Group - announce it will increase its capital by issuing new shares on the Bulgarian Stock Exchange (BSE), "which will allow the company to raise up to EUR 100 million.
14 April 2021French reinsurer CCR Group reported YE 2020 GWP of EUR 1.9 billion and EUR 90 million in profits
The French reinsurer CCR Group (CCR - Public reinsurance and CCR Re) delivered FY 2020 aggregate GWP of EUR 1,866 million and EUR 90 million in consolidated net income.
14 April 2021Tomasz KUKULA appointed GC&C ACEER Head of Underwriting
Italian insurer Generali announced that Tomasz KUKULA, former Head of Underwriting for Global Corporate & Commercial (GC&C) insurance at Generali Poland, has been promoted as GC&C Austria, CEE & Russia Regional Head of Underwriting. "He joined the Generali CEE Holding office in Prague and took over his new role as of 1 March 2021".
14 April 2021VIG's planned expansion by acquiring Aegon's CEE businesses temporarily blocked by the Hungarian authorities
The transaction announced by Aegon in November 2020, of selling to Vienna Insurance Group (VIG) its insurance, pension and asset management business in Hungary, Poland, Romania and Turkey for a total consideration of EUR 830 million, has been stalled by Hungarian Ministry of Interior's unexpected denying of approval.
12 April 2021UNIQA maintains its capitalization at a high level in 2020
The Solvency II capital requirement ratio of UNIQA was at 170 per cent in 2020 and continues to be at a very high level. The solvency ratio was high despite the sharp decline in interest rates and non-recurring effect and showed a Strong profitability of new business in life, health and pension funds.
8 April 2021EUR 3.94 million paid ZURICH and Farmers Exchanges for MetLife P&C business in U.S.
Zurich and Farmers Exchanges complete acquisition of MetLife property and casualty (P&C) business in U.S. for the amount of USD 3,94 billion. Zurich contributed USD 2.43 billion through its subsidiary Farmers Group, Inc. (FGI) and the Farmers Exchanges USD 1.51 billion.
8 April 2021Fitch affirms Hanover Insurance Group's Ratings; Outlook Stable
On April 2, Fitch Ratings has affirmed the 'A' (Strong) Insurer Financial Strength (IFS) rating of The Hanover Insurance Company, the principal operating subsidiary of The Hanover Insurance Group. Fitch has also affirmed THG's senior unsecured notes at 'BBB'. The Rating Outlook is Stable.
5 April 2021AIG names Claude Wade as EVP, Global Head of Operations, Chief Digital Officer
AIG - American International Group announced that Claude Wade will join the company in the second quarter of 2021 in the newly created role, Executive Vice President (EVP), Global Head of Operations and Chief Digital Officer, AIG.
5 April 2021Lloyd's reported aggregated FY2020 market loss of GBP 0.9 billion
Lloyd's announced a loss of GBP 0.9 billion (pre-tax) for 2020, driven by GBP 3.4 billion net incurred COVID-19 losses, which contributed 13.3% to the market's combined ratio of 110.3%.
5 April 2021Aviva completes sale of its entire shareholding in Aviva Vita
Aviva informed that it has completed the sale of its entire 80% shareholding in the Italian life insurance joint venture, Aviva Vita, to its partner UBI Banca.
5 April 2021Ex-Lloyd's of London CEO nominated to the NN Group SB
The Supervisory Board (SB) of NN Group has decided to nominate Inga BEALE for appointment as member of NN Group's Supervisory Board for a term of four years. "This nomination has been made with the intention to further strengthen the composition of the Supervisory Board, with a specific focus on transformation processes", as the Dutch insurer mentioned in a statement.
5 April 2021Allianz completes the sale of closed life book portfolio in Belgium
Allianz and Monument Re have completed the sale of part of Allianz's closed life book portfolio in Belgium to MONUMENT Assurance Belgium (MAB).
5 April 2021IGI has announced the appointment of Richard FOSTER and the launch of a new contingency business line
International General Insurance Holdings Ltd. (IGI), an international specialty risks commercial insurer and reinsurer underwriting a diverse portfolio of specialty lines, has appointed Richard FOSTER as Head of Property, Political Violence and Contingency Business and announced the launch of a new contingency business line.
2 April 2021Sebastian COOK is the new Managing Director and Head of London Europe at GUY CARPENTER
Guy Carpenter, the reinsurance broking arm of Marsh McLennan, announced the appointment of Sebastian COOK as Managing Director and Head of London Europe, with immediate effect. Mr. COOK will also play a key role in directing Guy Carpenter's international RFP initiative.
1 April 2021Vienna Insurance Group focuses on Insurtechs and invests in VENPACE
Vienna Insurance Group (VIG) continues to invest in the Insurtech scene and has formed the Insurtech fonds VENPACE together with three other investors. The goal is to search for financially support and make use of young international technology companies.
1 April 2021Zurich supports the global efforts to avert the threat of climate change
Zurich Insurance Group (Zurich) is intensifying action regarding the climate change and wants to become one of the most responsible and impactful businesses in the world. It will use every channel like investments, operations and products and services to accelerate the transition to a net-zero emission economy.
1 April 2021
