"10th MILLI Re Reinsurance Seminar", organized by MILLI Re under its strategy of expanding to foreign markets, has been successfully realized between the dates 25-27 April 2016 with a total of 17 participants from Azerbaijan, Bahrain, Ethiopia, Iran, Kazakhstan, Kuwait, Pakistan, Qatar, Romania, Saudi Arabia, Sri Lanka, Tunisia and Ukraine.

MUNICH Re will pay a significantly increased dividend of EUR 8.25 per share for the financial year 2015 (previous year: EUR 7.75), making a total payout of over EUR 1.3 billion to its shareholders. "Last year, MUNICH Re achieved a profit of EUR 3.1 billion despite the difficult environment. This is the fourth year in succession that we have generated a profit of over EUR 3 billion. That is a good result," stated CEO Nikolaus von BOMHARD.

The Paris-based reinsurer SCOR reported a 2.9% y-o-y decrease in its Q1 net income to EUR 170 million, while the value of gross written premiums was up by 5.1% y-o-y to EUR 3.28 billion.

25 years since after taking the bold step of extensivelly entering Central and Eastern Europe, VIG leaders are satisfied with the Group's position in the region and the financial outcome of this strategy, as the CEE markets are providing for about half od the premium income and significantly over 50% of the Group's profit.

This week, the Austrian capital city of Vienna is hosting the first TRUST Re Business Partners' Seminar to take place in Europe, after successful events in Malaysia, Cyprus, Seychelles, Vietnam, Marocco and Bahrain.

Listed insurer Uniqa raised its embedded value by 13.2 percent in 2015, to EUR 4.725 billion. The sum includes the value of insurance contracts and future earnings. The stock value of the life and health insurance division increased 17.3 percent to EUR 1.847 billion, Uniqa stressed in a release.

The Bulgarian EUROINS Insurance Group, reported for the first quarter of 2016 a 10.1% increase of its aggregate GWP to EUR 60.0 million, according to preliminary statistics published by the group. Positive rates were reported all subsidiaries, as follows: EUROINS Bulgaria (+37.4%), EUROINS Macedonia (+5.8%), EUROINS Life (+4.9%) and EUROINS Romania (+4.7%).

AXA announces the appointment of Alexander VOLLERT as Chief Executive Officer of AXA Germany. In addition, he will be appointed to the AXA Group's Executive Committee. This appointment will be effective as of September 16, 2016, subject to the approval of the BaFin, the German Federal Financial Supervisory Authority.

Vienna Insurance Group (VIG) recorded a consolidated GWP volume of EUR 9 billion, in 2015, 1.4% down y-o-y. Profit (before taxes) reached EUR 172.1 million. Earnings per share were EUR 0.66, while the Group Embedded Value (after taxes) grew significantly by 8.1% to EUR 6.5 billion in 2015, despite a challenging environment. The Group's CEE subsidiaries' contribution amounted to 50% of the total GWP and about 55% of the Group's gross profit.

Following the good 2015 results, the Supervisory Board and the Management Board pf the TRIGLAV Group propose to pay a dividend of EUR 2.50 gross per share. The Group's profit before tax amounted to EUR 102.5 million, which was 20% above the budgeted level and 2% more over 2014.

French insurer AXA announced it had completed the sale of its Portuguese operations to AGEAS for EUR 189 million, while AXA Philippines aquired 100% of CHARTER PING AN Insurance Co (CPA) - the fifth largest non-life insurer in the Philippines, for a total amount of EUR 40 million.

The Annual General Meeting of ZURICH Insurance Group approved an unchanged dividend of CHF 17.00 per registered share for the 2015 financial year. "This year's dividend payment will again be paid from the capital contribution reserve and will be exempt from Swiss withholding tax. The dividend will be paid starting April 5, 2016", according to the press release published on the company's website.

Lloyd's has announced a pre-tax profit of GBP 2.1 billion for 2015, about 30% lower as compared with the previous year. "In a market undeniably tougher than seen for many years, we have had to demonstrate our ability to adapt and take action. In these conditions, these results are creditable and a tribute to the continued skill and professionalism of the Lloyd's market underwriting community," said Lloyd's Chairman, John Nelson.

SOGAZ's Board of Directors announces that Anton USTINOV, Ex-adviser of the President of the Russian Federation, will replaces Sergey IVANOV, as the Chairman of the Board of SOGAZ JSC.

In the twelve months ended 31st December 2015, Trust Re achieved Gross Written Premiums of USD 475.9 million, up 5.1% compared to the previous reporting period (2014: US$ 452.6 million).

German insurer TALANX closed the financial year 2015 with an operating profit of EUR 2.2 billion, or 15.3% more y-o-y, while the net income was down by 4.6% to EUR 734 million. Despite a lower value "Group net income reached the second-highest value in the company's history", the insurer noted in a statement.

Poland's top insurer PZU expansion strategy is backed up by an up to PLN 5-6 billion (EUR 1.2 - 1.4 billion) budget. The CEE market leaders represent the group's main M&A target, but the Group is also interested by the Western companies operating in market niches.

VERISK Insurance Solutions, a leading source of information about property/casualty insurance risk, announced on March 21st that it has added property-specific data from current claims and underwriting estimates to the 360Value® residential property prefill database. With the additional data sources, insurers can prefill as many as 67 residential building characteristic fields in 360Value.

Despite the challenging macroeconomic environment and low interest rates, the GENERALI Group ended 2015 with the best results in the last 8 years in profitability term, while operating performance exceeded the pre-financial crisis levels.

Philippe DONNET (55), previously GENERALI Italia Country Manager, was appointed by GENERALI's Board of Directors as Group CEO, conferring on him all related executive powers. DONNET will replace Mario GRECO, after his leave for heading ZURICH Insurance. The Board of Directors also appointed Alberto MINALI (50) as General Manager of the Company.