A new Best's Market Segment Report, "Market Segment Outlook: London Market Insurance", suggests that London market (re)insurers will continue to respond appropriately to market headwinds such as the impact of social inflation on casualty claims, elevated levels of uncertainty in respect to the impact of the COVID-19 pandemic, and changing climate trends.

Despite extraordinary losses in 2020, the insurance-linked securities (ILS) and traditional reinsurance markets demonstrated their resilience at the January 2021 renewals, raising capital back to pre-pandemic levels, according to the new Best's Market Segment Report: "Insurance-Linked Securities Market Weathers Elevated Catastrophe Activity and Global Pandemic in 2020".

The Dutch insurer Aegon announced that Carla Mahieu, Aegon's Chief HR Officer, has decided to step down, effective June 1, 2021: "After more than a decade in the role, Carla has decided to enter a new phase in her career and has recently been nominated as member of the Supervisory Boards of Arcadis and DSM, next to her role as Supervisory Board member for VodafoneZiggo".

AXA announced changes in its senior leadership team to implement its new strategic plan, Driving Progress 2023, presented in December last year.

Aviva's announcement of today has put an end to the wave of speculations on its Polish unit sale: the winner of this race was Allianz, who acquired Aviva's entire shareholding in Aviva Poland for a cash consideration of EUR 2.5 billion, valuing the acquired business at EUR 2.7 billion.

According to a press release, SCOR expressed the annoyance regarding the action of Covea which has filed, "on behalf of SCOR", a complaint against Denis Kessler. SCOR wonders what led Covea to file this complaint, more than 2 years after it became aware of the facts it pretends to report.

Generali France and Akur8 will become multi-year partners in order to boost Generali's pricing capabilities in France. Partnering with the French entity of a leading global insurance carrier is a key milestone for Akur8, as well as renewed evidence of Generali's commitment to innovation and technology.

Italian insurer Generali has submitted a bid for the Polish assets of London-based insurer Aviva AV.L, Reuters reported quoting a source familiar with the matter on Monday. Aviva Poland is the country's second largest life insurer and the mother company of other five financial services providers.

The online motor vehicle insurer Movinx, which is the 50/50 Joint Venture between Daimler Insurance Services and Swiss Re, has named Carolin Gabor as the new Chief Executive Officer. She will take the new role as of 1 April 2021.

New solutions will turn Climate Change Science into Business Risk Insights and Strategy according to RMS, which announced the forthcoming launch of a new suite of Climate Change Models to help customers assess the near and long term impacts of climate change on physical assets.

German insurer Talanx ended 2020 with net income of EUR 673 million vs. EUR 923 million a year before, but "in line with the forecast of "clearly above EUR 600 million" provided in November. Without coronavirus claims expenses, Talanx would have exceeded last year's record net income figure", as the insurer mentioned in a statement.

Swiss Re reported a total contribution to economic net worth (ENW) of USD 434 million in 2020. The result was largely driven by COVID-19-related claims and reserves of USD 4.6 billion, which include both the 2020 impact and forward-looking estimates for 2021.

RMA and TigerRisk Partners announced that their partnership will continue, and the new multiyear agreement will include additional models and data in order to provide to their clients solutions for managing global risk profitability.

Italian group Generali is considering an about EUR 2 billion worth acquisition in Russia, that will add to its already existing 38.5% stake in one of Russia's largest insurers Ingosstrakh, Reuters reported quoting a non-disclosed source and the Italian press.

Luc Popelier, current CEO of International Markets Business Unit, will replace Rik Scheerlinck as CFO and Executive Director of KBC Group, following his retirement after a 37 years career with KBC. On 6 May, another series of changes in the group's Executive Committee will seek shareholders' General Meeting approval.

Zurich reported business operating profit (BOP) of USD 4.2 billion compared with USD 5.3 billion in 2019. The decline was largely due to the impact of COVID-19 and higher catastrophe losses. Net income attributable to shareholders amounted to USD 3.8 billion and a dividend of CHF 20 has been proposed.

As a founding member of the UN-convened Net-Zero Asset Owner Alliance, Swiss Re announced new measures to support the transition to a net-zero economy, encompassing both asset management and underwriting as well as its own operations.

Bulgarian financial holding Eurohold, the owner of Euroins Insurance Group, announced stable revenues in 2020 compared to the financial results in 2019 when the economy was growing, according to the holding's preliminary consolidated unaudited financial report for the last year.

Bulgarian financial holding Eurohold has secured a EUR 26 million (USD 31 million) funding commitment from Gem Global Yield (GEM), a USD 3.4 billion Luxembourg-based alternative investment group focused on emerging markets. The two parties have already signed an agreement.

Will Fuller, formerly Executive Vice President of Lincoln Group will succeed Mark Mullin as President and CEO of Transamerica, and as a member of the Management Board of Aegon, effective March 31, 2021, as the Dutch insurer Aegon announced in a statement.