SCOR has announced excellent results for the January 2021 renewals, in line with the forecasts shared during its September 2020 Investor day. The reinsurer expects the market to show further price increases and improved terms and conditions for the mid-year renewals season.

German insurance group ALLIANZ will become the sole owner of ALLIANZ China Life Insurance, after ALLIANZ China Insurance Holding and CITIC Trust signed an equity transfer agreement.

Global re/insurance broker AON announced its Q42020 aggregate revenue increased by 3% y-o-y, to USD 2.96 billion, "reflecting growth in the core business driven by ongoing strong retention and net new business generation, partially offset by a decline in the more discretionary portions of the business".

Based on preliminary unaudited consolidated figures, the German insurance group TALANX announced year-end 2020 net income of EUR 673 million (vs. EUR 923 million a year before), operating profit of EUR 1.7 billion (vs. EUR 2.4 billion) and increasing GWP from EUR 39.5 billion to EUR 41.1 billion.

Global re/insurance broker MARSH said that Q4 2020 Global Commercial Insurance prices increased by 22%. The increase, the largest since the Global Insurance Market Index was launched in 2012, follows year-on-year average increases of 20% in Q3 and 19% in Q2.

Starting with January 1, 2021, UNIQA Serbia has began the process of strategic transformation" UNIQA 3.0" by applying a new governance model which includes the harmonization of processes in 15 markets in Central and Eastern Europe.

Swiss Re and Diameter Health have developed the first-ever scalable solution to use electronic clinical health data for life insurance underwriting which will help life insurers to improve the speed and quality of their underwriting.

Flashpoint Venture Capital, Uniqa Ventures, PKO VC, Black Pearls VC (an existing investor) and Adamed have funding Telemedico platform by EUR 5.5 million (approx. USD 6.6 million). The platform includes consultations with a doctor via chat, video or telephone; AI-triaging and coordination; and booking of in-person visits and blood testing.

The MARSH & McLENNAN Companies (MMC) reported Q4 2020 consolidated revenue of USD 4.4 billion, an increase of 4% compared with the fourth quarter of 2019, or 1% on an underlying basis. Operating income was USD 571 million compared with USD 592 million in the prior year period.

ALLIANZ China Insurance Holdings has announced it has received approval from the China Banking and Insurance Regulatory Commission of the preparatory establishment of ALLIANZ Insurance Asset Management.

Jan van den Berg will be appointed Chairman of the Supervisory Board of ACHMEA on 13 April 2021, the date of ACHMEA's General Meeting, as the Dutch insurance group announce in a statement.

The Human Safety Net and Fondazione Italiana Accenture have started a new project in order to accelerate the digitalization process of the non-profit sector in Italy by developing a portal "Bambini Patapum!".

Insurance Europe has published its response to a consultation by the International Association of Insurance Supervisors (IAIS) on its draft definition and high-level principles for comparable outcomes to the Insurance Capital Standard (ICS).

AIG announced that Dana RIPLEY has joined the company as Vice President, Global Head of Media & External Communications. Based in New York, RIPLEY reports to Lucy FATO, Executive Vice President, General Counsel & Global Head of Communications and Government Affairs.

Greg Case will be the Chief Executive Officer (CEO) of the firm that represents the combination of Aon and Willis Towers Watson, after the agreement will be completed. The new leadership team will "deliver new sources of value to clients and create new opportunities for colleagues", according to Aon press release.

The Assicurazioni GENERALI Board approved, on 27 January, the Group new Group organizational structure, as proposed by CEO Philippe DONNET. A number of business operational units were created, their leadership being entrusted to senior Generali executives who will report directly to the Group CEO.

Martin P. Sheffield was named the new member to AM Best Rating Services subsidiary's board as an Independent Director. The appointment took effect Jan. 1, 2021.

LLOYD's of London re/insurance marketplace has appointed AVIVA's Patrick TIERNAN to the newly created role of Chief of Markets, which will oversee market performance and distribution.

According to Digital Insurance, there are several trends established in the motor insurance industry by the game-changing experience of Covid-19. They have described 6 of them as being likely to take place during this year.

The Bulgarian Energy and Water Regulatory Commission (EWRC) granted approval to EUROHOLD Bulgaria for the acquisition of the Czech energy company CEZ Group's subsidiaries in the country, as the financial holding announed in a statement.