News - Re/Insurance groups
NN Group acquires AEGON Czech Republic and AEGON Slovakia
NN Group announced that it has reached an agreement to acquire AEGON's Life Insurance business in the Czech Republic and AEGON's Life Insurance and Pension businesses in Slovakia for a total consideration of EUR 155 million.
VIG retains listing in two sustainability indices
Vienna Insurance Group (VIG) has once again been included in the Austrian sustainability index VONIX and the global FTSE4Good index. Both sustainability indices include companies that are committed to environmental protection, social responsibility and good governance.
Heiko STUBER appointed as CFO of ERGO Group AG
The Supervisory Board of ERGO Group AG appointed Heiko STUBER to the Board of Management of ERGO Group AG as the successor to Christoph JURECKA with effect from 1st January 2019.
Achmea result €200 million despite January storms
Aegon reports strong first half 2018 results
NN Group reports 2Q18 results
TALANX expects net income of around EUR 850 million for year end
The TALANX Group
has already earned over half of the targeted annual result, the 1H
results show. GWP increased by 6.9% to EUR 18.8 billion. Adjusted for
currency effects, the increase was in double digits at 11.8%.
AIG names Thomas LILLELUND as CEO of AIG Europe
American International Group announced that Thomas LILLELUND will join as Chief Executive Officer of AIG Europe SA. His appointment is subject to the required regulatory approval.
EIG, 1H: All subsidiaries reported growth-rates except EUROINS Romania
Bulgarian financial group EUROHOLD said its revenues from insurance activity at the end of 1H2018 amounted to BGN 458.6 million (about EUR 235 million). Compared to the same period in 2017, the revenues from insurance activity decreased by 14.9%.
HANNOVER Re, 1H: Double-digit growth in premium and operating profit
Reinsurer HANNOVER Re announced its 1H2018 business results confirm the FY2018 profit guidance with expected net income of more than EUR 1 billion, if large loss expenditure will not significantly exceed EUR 825 million and no unforeseen distortions on capital markets will be recorded.
MUNICH Re on track to reach the FY profit target
Reinsurer MUNICH Re reported Q2 profit of EUR 728 million and H1 2018 profit of EUR 1.56 billion, compared with EUR 733 million and EUR 1.29 billion in 2017, respectively.
ZURICH H1 BOP up by 12% y-o-y
ZURICH Insurance Group reported H1 business operating profit (BOP) up 12% y-o-y to USD 2.42 billion and first half net income after tax attributable to shareholders up y-o-y 19% to USD 1.79 billion.
KBC Group: Second-quarter result of 692 million euros
In the first half of 2018, Aviva has continued to deliver attractive growth from its major businesses.
ALLIANZ SE, 1H2018: strong results for 2Q 2018; full-year outlook confirmed
ALLIANZ Group's operating profit decreased y-o-y by 1.8% in 1H2018. Yet, overall, the operating profit for 1H is slightly above the mid-point of the group's target range. Lower income taxes compensated for the lower operating profit and non-operating result: net income attributable to shareholders was therefore stable at EUR 3.8 billion.
GENERALI, 1H2018: strong capital position and over-achievement of the disposal targets
Generali Group's half-yearly results showed a 8.8% increase in the net profit, to EUR 1.33 billion and a 2.7% growth of the operating result, to EUR 2.5 billion, thanks to improvements in all business segments, as well as a resilient capital position.
WTW Board extends CEO John HALEY's contract to 2021
WTW - Willis Towers Watson announced that its BoD has extended the contract of its CEO, John HALEY, until January 1, 2021.
AIG announces closing of VALIDUS acquisition
American International Group announced it has completed its acquisition of VALIDUS Holdings. The transaction, which was first announced on January 22, 2018, closed following receipt of regulatory approvals and approval of VALIDUS shareholders.
ALLIANZ completes acquisition of ENSURE Insurance
ALLIANZ Group announced the completion of the acquisition of 99.03% of the shares in Nigerian insurer ENSURE Insurance from its core shareholder GREENOAKS Global Holdings (GGH).
VIG is a pioneer in socially sustainable investments
According to the EU Commission, EUR 180 billion in sustainable investments are required each year until 2030 to achieve climate and energy targets.
20 August 2018