News - Re/Insurance groups
Sirius Group, Q1 2019: Technical profit sustained by property business lines
Sirius Group reported comprehensive income of USD 76 million for the first quarter of 2019 compared to USD 30 million for the first quarter of 2018. Gross written premiums for the quarter were USD 622 million, reflecting an increase of 1%.
7 May 2019Nikolaus von BOMHARD is the new Chairman of the Supervisory Board of Munich Re
On April 30th, during the constituent meeting of the new Supervisory Board of Munich Re, Nikolaus von BOMHARD (62) was elected as Chairman of the Supervisory Board. Anne HORSTMANN (49) was elected as Deputy Chair of the Supervisory Board.
6 May 2019MAPFRE, Q1 2019: First quarter revenues increased by EUR 422 million
MAPFRE initiated its Strategic Plan 2019-2021, stimulating profitable growth and improving the key financial indicators against a backdrop of near currency neutrality and a still complex global economic environment.
6 May 2019Willis Towers Watson, Q1 2019: Strong earnings reported for the first quarter
For the first quarter of 2019, Willis Towers Watson revenue was USD 2.31 billion, showing an increase of 1% (5% increase constant currency and organic) as compared to USD 2.29 billion for the same period in the prior year.
3 May 2019AXA, Q1 2019: Strong and disciplined growth in first three months
In the first quarter of 2019, AXA Group reached EUR 35 billion in total revenues, increasing by 3% compared to the first quarter of 2018. European market (including French market) brought more than half of total AXA revenues (55.7%).
3 May 2019Swiss Re, Q1 2019: P&C losses affected total net income
Swiss Re reported a net income of USD 429 million for the first quarter of 2019, reflecting high L&H Re performance and strong investment results, but the large losses from property and casualty (P&C) businesses impacted the overall results.
3 May 2019GENERALI's German life unit sale to VIRIDIUM, completed
GENERALI announced it completed the sale of 89.9% of the shares of GENERALI Leben to VIRIDIUM Gruppe, a leading specialist for the management of life insurance portfolios in Germany, also establishing an industrial partnership with VIRIDIUM, aimed at managing life insurance closed book portfolios.
1 May 2019VIG Re: 2018 annual report and solvency results
VIG Re recently published its 2018 Annual Report and 2018 Solvency Financial Condition Report. The figures show record results compared to previous years: an increased total GWP volume, increased profit before taxes and a reduced combined ratio.
1 May 2019AVIVA announced changes to its senior management
AVIVA announced that following the recent appointment of Maurice TULLOCH as Group's CEO, the Board of AVIVA and Andy BRIGGS have decided that Andy BRIGGS will step down as CEO UK Insurance and as a Director of AVIVA. "Andy will remain with the Group until 23 October 2019 to support an orderly transition".
30 April 2019AXA XL announced the promotion of Charlotte WILSON to global head of portfolio solutions
AXA XL - the property & casualty and specialty risk division of French re/insurance group AXA - announced the promotion of Charlotte WILSON to global head of portfolio solutions, with responsibility for developing and executing the global strategy for portfolio solutions.
30 April 2019MMC reported increasing revenues and operating incomes in Q1
MMC - Marsh & McLennan Companies - announced consolidated Q1 2019 revenues of USD 4.1 billion, up by 2% y-o-y. At the same time, operating income was USD 938 million compared with USD 908million in the prior year.
30 April 2019AON Q1 revenue increased to USD 3.14 billion
Global re/insurance broker and retirement solutions company AON announced its Q1 2019 total revenue increased in absolute value by USD 53 million (or 2% y-o-y) to USD 3.14 billion.
30 April 2019SCOR's Q1 net profit decreased to EUR 131 million
French reinsurer SCOR annunced its Q1 Group net income amounted to EUR 131 million vs. EUR 166 million in Q1 2018.
30 April 2019SLOVENIA: ERGO and ALLIANZ sign a Distribution and Service Framework agreement for the ERGO Non-Life unit
ERGO International AG announced that it has signed a Distribution and Service Framework Agreement with ALLIANZ for ERGO Slovenia, which belongs to ERGO Insurance Austria.
30 April 2019ZURICH: 2018 Financial Condition Report
Zurich Insurance Group (Zurich) has published its Financial Condition Report 2018, highlighting a good financial condition and exceeding solvency requirements.
30 April 2019QIC Group Q1 net profit increased by 15%
Qatar Insurance Company (QIC), a leading insurer in Qatar and the Middle East North African (MENA) region reported a net profit of USD 75 million for the first quarter of 2019.
30 April 2019Digitalisation beams the Vienna Insurance Group into the future
29 April 2019Willis Towers Watson announces appointment of Christophe Meurier as Global Head of Financial Solutions
29 April 2019VIG Re announces strategic investment into B3i Services AG
29 April 2019TRIGLAV announced the Appointment of the Supervisory Board Members, Employee Representatives
29 April 2019
