News - Re/Insurance groups
Sirius Group to form Global Management Committee
Sirius Group announced a generous list of changes in the management structure across the company, a set of "enhancements to unify the global operating structure" and to empower a number of key leaders inside the group.
2 September 2019The PZU Group, 1H2019: EUR 2.8 billion in GWP and EUR 345 million net profit for the parent company
The PZU Group has achieved in 1H2019 the highest net financial result attributed to the parent company for the first half of the last five years, of PLN 1.48 billion, while the group's efficiency ratios were better than planned.
29 August 2019UNIQA, 1H2019: notable growth in CEE and SEE markets
UNIQA Group announced a "solid" first half of 2019, with a net profit of EUR 105.6 million and a total volume of written premiums (GWP) of EUR 2.8 billion. Health segment saw the highest growth in terms of GWP (+3.4%), while Life insurance shrunk by 4.2% at group level.
28 August 2019ZURICH, 1H2019: business operating profit went up by 16% y-o-y
Zurich Insurance Group reported a business operating profit (BOP) of USD 2.8 billion at the end of the first half of 2019. The evolution reflects an increase of 16% compared to the profit of the same period of prior year.
28 August 2019Yves BETZ to embark on HDI Global SE Management Board
The Supervisory Board of HDI Global SE, the industrial insurer of the HDI Group, has appointed Yves BETZ as a new Member of the Management Board, with effect from 1 December 2019.
27 August 2019Oliver WILLMES to take over as Chairman of the Board of ERGO International AG
Oliver WILLMES will take over the position as Chairman of the Board of ERGO International AG as from 1 October, subject to the approval of the appropriate Supervisory Authorities.
27 August 2019VIG, 1H2019: strong growth; Group well on course to reach targets
Vienna Insurance Group (VIG) has reported a 6% y-o-y GWP increase, to EUR 5.4 billion for the first half of the year, while on the profitability side, pre-tax profits went up by 10.5%, to EUR 257 million, for a combined ratio of 96.4%, close to last year's level.
27 August 2019Anette REY joins SCOR as Head Of Group Communications
Anette REY joined SCOR as Head of Group Communications, reporting to the Group Chief Operating Officer, Romain LAUNAY. Based in Paris, she will be responsible for all facets of Group communications, both external and internal.
27 August 2019METLIFE, 2Q2019: net income doubled in the second quarter of 2019
MetLife reported a consolidated net income of USD 1.7 billion in the second quarter of 2019, a twofold increase compared to 2Q 2018 net income of USD 0.85 billion. For 2019 first six-month period, MetLife consolidated net income was USD 3.1 billion (+46% change y-o-y).
27 August 2019SAVA, 1H2019: +59% change y-o-y in group's net profit
Slovenian Sava Insurance Group and Sava Re published the report for their first half of 2019 activity. The Group's net profit jumped to EUR 23 million, about 59.3% more than previous year's six-month net profit.
22 August 2019TRIGLAV, 1H2019: 10% increase in total GWP with considerable growths outside non Slovenian markets
Slovenia based Triglav Group published its first half year of 2019 report. According to the company figures, the total volume of gross written premiums (GWP) reached EUR 630 million, 10% more than the similar period of prior year.
22 August 2019GENERALI to increase its influence in Russia and post-Soviet markets
Giorgio CALLEGARI, Chairman and CEO of GENERALI Russia & CIS declared in an interview for Interfax that in forthcoming years the Italian insurer plans to develop its presence in Russia and other CIS markets.
21 August 2019Swiss Re: Disaster events claimed more than 5 000 victims in H1 2019
Global economic losses from natural catastrophes and man-made disasters during H1 2019 amounted to USD 44 billion vs. USD 51 billion reported for the same period a year earlier, according to Swiss Re Institute's preliminary sigma estimates.
21 August 2019NN Group, 1H2019: operating result increased by 11.3% y-o-y despite the lower result of 2Q2019
For the first half-year of 2019, NN Group's operating result amounted to EUR 914 million, 11.3% higher than the same period of the previous year operating result. The y-o-y increase includes the impact of January 2018 storm, amounting EUR 89 million.
21 August 2019AEGON, 1H2019: Net income rose by 26% y-o-y
Aegon's net income for the first half of 2019 reached EUR 618 million, 26 percent more than the net income registered in the first half of prior-year. According to Aegon, the growth was driven by realized gains and lower other charges, partly offset by a higher loss on fair value items.
21 August 2019VIG Re, 1H2019: GWP amounted EUR 273 million, 15.2% more than previous year level
VIG RE zajis'ovna a.s. (VIG Re), the branch of Vienna Insurance Group specialized in reinsurance solutions, registered a total of EUR 273 million in terms of gross written premiums at the end of June 30th, 2019, which represents an increase of 15.2% year-on-year.
13 August 2019TALANX, 1H2019: 9.4% increase in net income
Germany based Talanx Group reported a net income of EUR 477 million at the end of first half-year of 2019, 9.4% higher than the net income. The growth was driven mainly by Retail Germany, Retail International and Life & Health Reinsurance segments.
13 August 2019EUROHOLD, 1H2019: 31% increase in group's total revenue
Bulgaria based EUROHOLD reported an increase of 31% year-on-year of the Group's operating income for the period between January 1st- June 30th, 2019. The total revenue of EUROHOLD amounted to EUR 402 million.
13 August 2019David KNIBBE appointed as CEO of NN Group
NN Group announced that David KNIBBE, currently CEO of NN Netherlands, will succeed Lard FRIESE who has stepped down as member and chair of the Executive Board and CEO of NN Group as of today, 12 August 2019, to join AEGON.
12 August 2019Lard FRIESE joins AEGON as the new CEO
Aegon announced that its Supervisory Board intends to propose the appointment of Lard FRIESE as Chief Executive Officer to the Annual General Meeting of Shareholders. He will join the company as CEO-designate effective March 1, 2020.
12 August 2019
