Belgium's KBC Group and OTP Bank, the Hungarian parent company of OTP Banka Slovensko (Slovakia), closed the agreement announced in February 2020 for KBC Bank NV to acquire ownership of 99.44% of the shares in OTP Banka Slovensko.

MAPFRE recently announced two new Head appointments in its Sustainability and Inmuebles, both of them being placed in vacant positions after one management restructure and one retirement.

Dirk Bohme will succeed Michael Krebbers, taking on the roles of the Management Board of HDI Systeme AG (HSY) and on the Management Board of HDI Lebensversicherung AG. The change is effective beginning March 1^st, 2021.

Moody's announced that it has confirmed Generali's IFS rating at Baa1. At the same time, Moody's confirmed all ratings of debt instruments issued or guaranteed by the Group, outlook stable.

The assets under management for SCOR ILS Fund Atropos ("Atropos") recently exceeded the USD 1 billion mark. As of October 31, 2020, the total outstanding Insurance Linked Securities ("ILS") managed by SCOR Investment Partners and its London subsidiary Coriolis Capital Limited have reached USD 2.4 billion.

For the first nine months of 2020, Vienna Insurance Group (VIG) reported a solid premium income of EUR 8 billion, an improved combined ratio of 96.1% and a financial result of EUR 513 million, lowered by the ongoing COVID-19 pandemic.

OCEAN Re continues its stage of international development and expansion and will startup a new Representative Office in Moscow most probably at the beginning of the next year, appointing Denis Nikolaytsev as Head of the new office.

LLOYD's announced its new Council members. The roles will come into effect on 1 December 2020. LLOYD's mentioned six of the fifteen members of the new Council are elected by the market.

Austrian insurance group UNIQA announced its 9 months uderwriting result almost doubled to EUR 124.9 million vs. 3Q2019, despite the company had to pay out "over EUR 70 million in additional insurance benefits from January to September for business interruptions and cancelled events due to COVID-19".

GrECo Specialty, a dedicated specialty unit of GrECo is further expanding its services for the energy sector. Due to the ever increasing importance of the power and renewables sector a dedicated division was established to better support our clients in this industry.

Qatar Insurance Group recently announced the appointment of Hasan Al-Lawati as the new CEO for its subsidiary Oman Qatar Insurance Company (OQIC). Lawati will focus on driving forward the strategic goals of OQIC and will facilitate its further growth and development in the Sultanate of Oman.

From January to September 2020, the Sava Insurance Group grew operating revenue by 16.4%, while the group's net profit went up by 26.4% year on year. Operating revenue generated by the Sava Insurance Group reached 76.5% of the full-year target set in the revised 2020 plan.

RMS together with Willis Re Securities and Securian Financial launched the new "La Vie Re Limited (Series 2020-1)" mortality catastrophe bond, providing USD 100 million of reinsurance protection for Minnesota Life Insurance Company, a Securian Financial affiliate.

Austrian insurer VIG announced in a statement that it expects gross profit for the full year 2020 to be in a range of EUR 300 - 350 million, subject to unpredictable volatilities on capital markets.

Aviva announced the sale of its entire 80% shareholding in the Italian life insurance joint venture, Aviva Vita S.p.A., to its partner UBI Banca. On completion, Aviva will receive about EUR 400 million in cash consideration.

For the next few years, The Management Board and the Supervisory Board of UNIQA Insurance Group AG has approved a strategy program named UNIQA 3.0 that will lead to expenses of about EUR 210 million, according to a press release.

On 19 November, Marsh has announced the appointment of Hamish Roberts as the Global Renewable Energy Leader, Marsh JLT Specialty. He will report to Andrew George, Global Head, Energy & Power, Marsh JLT Specialty.

Zurich Insurance Group (Zurich) notes media reports regarding a potential transaction with MetLife.Zurich confirms it is in discussions to acquire MetLife's U.S. P&C business.

During its Investors' Day, held on November 20, 2020, Swiss Re confirmed its over-the-cycle financial targets and delivered a positive outlook, based on improving market conditions and targeted growth opportunities across the Group's businesses. The Group will also intends to reiterate its capital management priorities, focusing on superior capitalisation and a stable or increasing dividend.

AVIVA plc announced that it has completed the sale of its entire shareholding in PT ASTRA AVIVA Life (Indonesia) to PT SEDAYA MULTI INVESTAMA.