French reinsurer SCOR reported net income of EUR 140 million in Q1 2017 vs. EUR 170 million a year before, while the value of GWP totaled EUR 3.74 billion, up by 13.9% y-o-y.

ADRIS Group, the holding company owning CROATIA Osiguranje (CO), announced its insurance arm increased its Q1 2017 net profit by 71% y-o-y, to HRK 67.8 million (about EUR 9.1 million).

Unprecedented volatility adds new urgency and complexity to old risks, as economics, demographics, geopolitics and technology advancements are changing the economic landscape, Aon's 2017 Global Risk Management Survey finds.

ALLIANZ SE has announced it has recently made a "strategic investment" in Lemonade Insurance Company, a New York-licensed renters and homeowners insurer powered by artificial intelligence and behavioural economics.

The global insurance industry may see slightly increased growth by 2018. Overall, the international primary insurance sector will grow by 4.5% p.a. on average (3.0% in real terms) in 2017 and 2018.

Swiss Re announced plans to further strengthen its commitment to Asia by establishing a dedicated regional legal entity in Singapore for its Reinsurance business unit, which will also be its Asian reinsurance headquarters.

PZU became the insurer of ENEA POLANIEC Power Plant (March 2017-mid-2018), providing the best offer for property insurance and loss of profits, civil liability and terrorist risks.

VIG (Vienna Insurance Group) Annual Report for the 2016 financial, published today, confirms the most important preliminary KPIs. GWP increased to EUR 9,051 million; the profit (before taxes) reached EUR 406.7 million.

The Financial Services Agency of Japan (FSA) has granted SCOR Global Life SE approval to open a branch office in Tokyo as of April 4, 2017.

Aon's latest Global Catastrophe Recap report reveals that an extremely active period for severe weather persisted in the US throughout March, leading damages expected to exceed USD 2.0 billion.

ZURICH Insurance Group has successfully acquired COVER-MORE Group, a travel insurance and assistance solutions provider based in Sydney with a strong market position in Australia, India and the U.S.

A 14% worldwide increase in terrorist attacks in 2016 and populist nationalism are creating an increasingly volatile operating environment for international business, the 2017 Aon Risk Maps for Political Risk, Terrorism and Political Violence show.

The Slovenia Sava Re Group has published today its Audited Annual Report for 2016, confirming a profit before tax of EUR 40.7 million, up 1.4% y-o-y, as shown by the preliminary results.

Lloyd's, the world's specialist market for insurance and reinsurance, announced a profit of GBP 2.1 billion for 2016 despite the combined ratio moving from 90.0% to 97.9%.

TRUST Re achieved in 2016 Gross Written Premium of USD 481.7 million, compared to USD 475.9 million in the equivalent period twelve months ago. The Group's profits reached USD 18.8 million at the end of the fourth quarter (2015: USD 30.8 million).

At the Annual General Meeting of ZURICH Insurance Group Ltd (Zurich), shareholders elected Catherine P. BESSANT to the Board of Directors. They also re-elected Tom de SWAAN as Chairman for a further term of office of one year. All other members of the Board of Directors were also re-elected for another one-year term of office.

Zurich Insurance Group (Zurich) announced it has appointed Francis BOUCHARD to the new position of Group Head of Communications and Public Affairs. The position reflects the forthcoming integration of the communications and public affairs functions. Mr. BOUCHARD will take up his position on July 1 and will report directly to Zurich's Group Chief Executive Officer Mario GRECO.

Australia's biggest travel insurance provider, COVER-MORE Group, said on Monday it had agreed to a AUD 741 million (USD 551.16 million) takeover offer from Switzerland's ZURICH Insurance Group, the latest of a series of Australian insurance deals, Reuters reports.

VIG Re, the Austrian group's reinsurance arm headquartered in Prague, plans to gradually expand its geographical scope, thus establishing a competitive presence in European reinsurance markets, Chief Executive Officer Elisabeth STADLER said on the occasion of a recent press conference in Vienna. Gradual expansions of German business, as well as the controlled market entry in Western Europe are the VIG Re's agenda for the near future.

S&P Global Ratings affirmed on March 28 its 'A-' long-term insurer financial strength and counterparty credit ratings on Poland-based property/casualty and life insurer Powszechny Zaklad Ubezpieczen Group (PZU Group, comprising core entities Powszechny Zaklad Ubezpieczen S.A. [PZU SA] and Powszechny Zaklad Ubezpieczen na Zycie S.A. [PZU Zycie]). The outlook remains negative.