The Austrian insurer UNIQA reported earnings before taxes (EBT) of EUR 225.5 million at the end of 2016, "slightly better than anticipated despite the disposal of the Italian business". At the same time, the value of premiums written dropped 3.1% to EUR 5.04 billion "as a result of the significant decrease in capital-intensive single premiums", while the dividend for 2016 is to be increased - to EUR 0.49 per share after EUR 0.47 per share in 2015.

The French insurance group AXA reported aggregate FY2016 revenues of EUR 100.19 billion, up from EUR 98.14 billion at the end of 2015, while the net income was up by 4% y-o-y to EUR 5.83 billion, according to the activity indicators published by the group.

Despite the continued challenging trading environment which persisted throughout the year - inclusing sustained softness in both the insurance and reinsurance rating environments, depressed commodity prices and lacklustre global GDP growth -, JLT delivered a good set of financial results in 2016, as the preliminary report published by the company shows.

ERGO's subsidiaries firm the Baltic States have achieved strong results in 2016, both in GWP and profitability terms. GWP amounted to EUR 206 million, growing y-o-y at a pace of 11%, significantly above the market average.

Swiss Re Group announced that the Board of Directors proposes to elect Jay Ralph and Joerg Reinhardt as new, non-executive and independent members at the Annual General Meeting of shareholders on 21 April 2017. At the same time, as it had already announced, Swiss Re also proposes to elect Jacques de Vaucleroy to its Board of Directors. Carlos E. Represas, who has been a member of Swiss Re's Board since 2010, will not stand for re-election.

"No request to date from insurer GENERALI for a seat on the Intesa board," says Intesa Sanpaolo Chairman Gian Maria GROS-PIETRO, Reuters reports. The statement follows to the recent acquisition by GENERALI of a 3.04% participation in Intesa Sanpaolo, which makes the Trieste Lion the fourth shareholder of the largest Italian bank.

The global reinsurer Swiss Re announced that, after 25 years, Matthias Weber (Group Chief Underwriting Officer - CUO) is leaving the company, effective 30 June 2017, "to begin a new chapter in his life". He will be succeeded by Edouard Schmid, currently Head Property & Specialty Reinsurance, who has been with Swiss Re since 1991.

Willis Towers Watson (NASDAQ: WLTW) has entered into exclusive negotiations with OAAGC, the top French aviation brokerage, to acquire its team and book of business, a WTW press release reads.

GWP by the French reinsurer SCOR reached EUR 13,826 million in 2016, up 5.3% at constant exchange rates compared to 2015 (+3.0% at current exchange rates), with a strong contribution from SCOR Global Life - GWP of EUR 8,187 (+8.3% at constant exchange rates and +6.4% at current exchange rates) -, and increasing in SCOR Global P&C's GWP, which stood at EUR 5,639 million, up 1.2% at constant exchange rates (-1.5% at current exchange rates).

Global reinsurer Swiss Re announced its FY2016 net income was down to USD 3.6 billion (USD 4.6 billion for 2015), while the Group premiums earned and fee income increased by 10.0% y-o-y to USD 33.2 billion. Swiss Re's Board of Directors will propose to the Annual General Meeting a higher dividend of CHF 4.85 (vs. CHF 4.6) and the authorisation of a new public share buy-back programme of up to CHF 1.0 billion.

Toronto-based Fairfax Financial Holdings has released its most recent financial results for the fourth quarter and full-year 2016 ending Dec. 31, reporting a combined ratio for its insurance and reinsurance operations of 92.5% on a consolidated basis.

"During 2016, we made good progress...growing our business, realizing major expense savings and increasing our returns", said Alex Wynaendts, Aegon CEO.

"2016 was an eventful and important year for NN Group, a year in which we made considerable steps. We invested in accelerating change and innovating our customer experience, and worked on new and improved products and services", said Lard Friese, CEO.

American International Group, Inc. today announced results for the quarter and fiscal year ended December 31, 2016. "We took decisive actions in 2016 to dramatically reduce uncertainty and deliver higher quality, more sustainable earnings in the future," said Peter D. Hancock, AIG President and Chief Executive Officer.

The insurance brokerage company AON announced that its net income attributable to shareholders for 2016 increased by 1%, to USD 1.4 billion, compared to the prior year, while revenue remained approximately at the 2015 level.

Slovenian SAVA Re Group announced that it is planning to write gross premiums of EUR 494 million in 2017, and to achieve a net profit of between EUR 31 and EUR 33 million as well as a return on equity of over 10%. At the same time, the target combined ratio (non-life and reinsurance business) for 2017 is 95%.

WILLIS TOWERS WATSON, a leading global advisory, broking and solutions company, announced total revenues of USD 7.9 billion at the end of December 2016, as compared to WILLIS and TOWERS WATSON pro forma revenues of USD 7.5 billion for the same period in the prior year.

According to preliminary data, SAVA Re Group wrote about EUR 490 million in GWP in 2016, which represents an increase of 0.8% over 2015 and 0.4% more than planned. At the same time, the Group said it "will end the year with a result that will be close to the planned profit".

2016 saw insured loss estimates from major natural catastrophes reach USD 39.5 billion, the highest since the annual market losses of USD 60 billion in 2012, according to the "2016 Summary of Natural Catastrophe Events report" from WILLIS Re, the reinsurance division of WILLIS TOWERS WATSON.

German insurance group ALLIANZ is to acquire the remaining stake in ALLIANZ-Irish Life Holdings (AILH) for EUR 160 million, as the insurer announced in a press release. Currently ALLIANZ holds a 66.5% in AIHL and will pay CANADA Life and other shareholders about EUR 20.68 each for their shares under the agreement supported by the largest minority shareholder - CANADA Life.