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.





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.


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.


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.



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.



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.