Marsh announced that Brian Hanuschak has been appointed CEO of Victor Insurance Holdings, the world's largest managing general underwriter (MGU), effective immediately.

PZU Group achieved in 2019 the best results in its history on the stock exchange, the Polish group reported citing as main coordinates of its success the highest net profit, the highest sales and the largest employee involvement.

PartnerRe ended year 2019 with a net income of USD 890 million, improving its result when compared to 2018, when the company faced a net loss of USD 132 million.

For year 2019, Hannover Re recorded a net income of EUR 1,284 million, 21.2% higher when compared to the year before (FY2018: EUR 1,060 million).

Dutch insurer ACHMEA informed supervisory board member Roelof JOOSTEN passed away. May he rest in peace.

Daniel KANIEWSKI, most recently Deputy Administrator for Resilience at the Federal Emergency Management Agency (FEMA), has been appointed Managing Director, Public Sector, Marsh & McLennan Advantage. The Marsh & McLennan Advantage group brings together expertise from across the Company's four businesses to deliver innovative solutions to clients.

AVIVA announced it has decided to leave Indonesia by selling its entire shareholding in its joint venture -- PT Astra AVIVA Life, to AVIVA's joint venture partner, PT ASTRA International Tbk.

Aon and Willis Towers Watson officially announced the decision to merge, combining together in an all-stock transaction with an implied combined equity value of approximately USD 80 billion.

During 2019, Triglav Group (TRIGLAV) generated a profit before tax of EUR 101 million, 4% more year-on-year. The insurer recorded premium growth across all insurance markets and all insurance segments; the consolidated gross premiums volume reached EUR 1,184 million, which is 11% more than the year before.

CROATIA's osiguranje shareholder - the Rovinj based consortium ADRIS Grupa - with businesses in tourism, real estate, tobacco and food industry announced 2019 total revenues of HRK 6.1 billion (~EUR 813 million), which represents a 5% growth, while net profit stood at HRK 506 million (~EUR 67.5 million), which represents a 13.4% growth. Net profit after minority interest stood at HRK 402 million and was 31% higher than previous year's.

NATIONWIDE Mutual Insurance Company (NATIONWIDE), one of the largest insurance and financial services companies in the United States, and GENERALI, one of the largest global insurance and asset management providers, through its P&C unit GENERALI Global Corporate & Commercial (GC&C), announced an innovative joint venture: the creation of N2G Worldwide Insurance Services, LLC (N2G) to support multinational solutions for international commercial clients.

Vienna Insurance Group (VIG) was number one in the BCG Gender Diversity Index Austria 2019 published by the Boston Consulting Group (BCG), as te Austrian insurer announced in a statement. The index analyses the gender balance and pay gaps in the managing and supervisory board for the 50 largest listed companies in Austria.

Austrian insurer GRAWE, which has made in the past year a number of acquisitions in Bosnia and Herzegovina, is considering to take similar actions in Montenegro throught its local subsidiary active only in life insurance market - GRAWE osiguranje, local media informed.

AIG announced that Jon HANCOCK - ex LLOYD's Performance Management Director- has been appointed Chief Executive Officer, International General Insurance. He will join the company this spring, as AIG noted in a statement.

Swiss Re's Board of Directors will nominate Sergio P. Ermotti for election as a new, non-executive and independent member of the Board at the upcoming Annual General Meeting of shareholders (AGM) on 17 April 2020 for a one-year term of office. In 2021 he will be nominated to succeed Walter B. Kielholz as Chairman of the Board.

At the end of 2019, Munich Re generated a profit of EUR 2,707 million, 19.0% more year-on-year. The operating result was up on the previous year to EUR 4,004 million (+7.5%), and the other non-operating result amounted to EUR (665) million (FY2018: EUR (639) million). The currency result totaled EUR 73 million (FY2018: EUR (39) million).

Euroins Insurance Group (EIG) closed the year 2019 with a net profit of BGN 21.1 million (~EUR 10.8 million), 113% more year-on-year. The group's consolidated gross written premiums reached BGN 848 million (~EUR 433 million), 32% more compared to the same period of prior year.

For year 2019, ERGO Group generated a consolidated profit amounting EUR 440 million, 22.6% more year-on-year, exceeding its profit guidance of EUR 400 million and staying well on track to meet the objectives of the ERGO Strategy Programme, as the group mentioned.

During 2019, the Sava Insurance Group (SAVA) wrote nearly EUR 600 million in gross premiums and generated a net profit of EUR 50 million. Performance exceeded targets set for 2019, also thanks to a one-off income from a successful acquisition in Croatia, the company mentioned.

For year 2019, SCOR Group reported a net income of EUR 422 million, up by 31.1% compared to the same period of prior year.