News - Re/Insurance groups

NN Romania enters the non-life insurance market

NN Romania, the life insurance market's leader, announced plans to expand the activity by entering the non-life insurance market. Earlier this year, the Dutch insurer has made the same move on the Hungarian market.




AVIVA: TULLOCH retired. Amanda BLANC appointed as new CEO

AVIVA announced the appoitment of Amanda BLANC as Chief Executive Officer of Aviva with immediate effect. "For family health reasons Maurice TULLOCH, the previous Chief Executive, has today stepped down from the role and retired from his position on the AVIVA Board", as the UK insurer mentioned in a statement. TULLOCH joined the AVIVA plc Board in 2017 and was appointed as Chief Executive in March 2019.

Zurich Insurance Group creates a WellCare business to accelerate the group's existing health and wellbeing initiatives in markets around the world

Zurich Insurance Group has created a WellCare business to accelerate the Group's existing health and wellbeing initiatives in markets around the world and apply a global approach to their development. The new business aims to provide retail, SME and commercial insurance customers with unique health and wellness solutions tailored specifically to their needs.


AXA publishes its 4th Climate Report

AXA announced the publication of its 4th Climate Report. The document describes AXA's responsible investment and insurance initiatives in the fight against climate change and measures the Group's progress in implementing the objectives of the Paris Agreement by 2050.


Generali involves over 30 thousand people with The Human Safety Net's programs

The Human Safety Net, Generali's global initiative for unlocking the potential of people living in vulnerable contexts, has published a first activity report, sharing its two-year journey of growing Generali's social impact in the communities where the Group is present in Europe, Asia and Latin America.



Chubb estimates 2Q2020 global net catastrophe loss at USD 1,807 million pre-tax

Chubb Limited announced global net catastrophe loss estimates for the second quarter of 2020 of USD 1,807 million pre-tax, or USD 1,510 million after tax. These estimates include COVID-19 global pandemic losses of USD 1,365 million pre-tax (USD 1,157 million after tax), and other natural catastrophe losses of USD 312 million pre-tax (USD 249 million after tax)

UNIQA issues two bonds: "AXA purchase" and "green bond"

UNIQA has successfully placed two bonds with a volume of EUR 800 million - EUR 600 million to fund its purchase of AXA CEE subsidiaries and EUR 200 million in a green bond format. "Investor's demand for the offering was exceptionally high with the senior bond being more than 5 times oversubscribed and the Green Tier II issuance more than 9 times", as the Austrian insurer mentioned in a statement.

IGI appoints Ian Noble as Head of Casualty and Professional Lines

International General Insurance Holdings Ltd. (IGI) announced the appointment of Ian Noble as Head of Casualty and Professional Lines. Noble has 34 years' broking and underwriting experience in Professional Lines in the Lloyd's of London and company markets, and most recently serving as Senior Class Underwriter - Professional Indemnity at Chaucer in London.


Franz Fuchs leaves the VIG Managing Board

Franz Fuchs (66) will resign from his position as member of the Managing Board of Vienna Insurance Group (Wiener Versicherung Gruppe) at the end of June 2020. In recognition of his achievements, he was appointed Deputy General Manager in October 2019.


Maciej FEDYNA to become new President of the Management Board and CEO of GENERALI in Poland

GENERALI announced that Maciej FEDYNA was nominated new President of the Management Board and CEO of GENERALI Poland companies as of 1 July 2020. Maciej FEDYNA, former Chief Financial Officer of GENERALI Poland, will succeed Andrea SIMONCELLI who was appointed as new Chairman of the Supervisory Boards of GENERALI T.U. S.A., GENERALI Zycie T.U. S.A and GENERALI Finance Sp. z o.o.

A Supervisory Board member of Zavarovalnica TRIGLAV resigned

Slovene insurange group TRIGLAV announced Natasa DAMJANOVIC, a Supervisory Board member of Zavarovalnica TRIGLAV, resigned as a Supervisory Board member of Zavarovalnica TRIGLAV on 18 June 2020 due to commitments related to her new employment.