News - Re/Insurance groups
Chubb reports second quarter record core operating income
Chubb reported net income for the quarter ended June 30, 2025, of USD 2.97 billion, and core operating income of USD 2.48 billion. While its net income for the six months ended June 30, 2025 reached USD 4.30 billion, and core operating income was USD 3.97 billion.
5 August 2025AXA to acquire the leading direct insurance player in Italy
AXA announced that it has entered into an agreement to acquire Prima, the leading direct insurance player in Italy with EUR 1.2 billion of premiums in 2024. Under the terms of the agreement, AXA will acquire 51% of the company for a consideration of EUR 0.5 billion.
5 August 2025AXA delivers an excellent performance in the first half of 2025
AXA announced its half year 2025 earnings. Gross written premiums & other revenues amounted to EUR 64.3 billion, up +7% vs. 1H2024.
5 August 2025Navinder Dhillon appointed CEO of Aviva Canada
UK insurer Aviva announced the appointment of Navinder (‘Nav’) Dhillon as CEO of Aviva Canada. In his new role, Navinder Dhillon will become a member of Aviva’s Group Executive Committee.
5 August 2025Munich Re announces changes to the Board of Management
Munich Re’s Supervisory Board decided on a change in leadership at Munich Re and further changes to the Board of Management.
5 August 2025John Neal to join AIG as President effective December 1
American International Group (AIG) in July announced that John Neal will be joining AIG as President, effective December 1, 2025.
5 August 2025Guy Carpenter: Richard Hakes to become the new Global Head of Marine, Energy, and Technical Lines
Guy Carpenter, a leading global risk and reinsurance specialist and a business of Marsh McLennan, appointed Richard Hakes as the new Global Head of Marine, Energy and Technical Lines (METL). Mr. Hakes will join the Global Specialities Leadership team, the company said.
5 August 2025Glen Browne to lead AIG’s A&H portfolio across the International and North America businesses
American International Group (AIG) announced that Glen Browne has been appointed as Global Head of Accident & Health (A&H), effective September 3, 2025.
5 August 2025Aon had several appointments in July
Aon, a leading global professional services firm, announced two promotions with its Reinsurance executive leadership team to help insurer clients in the UK and APAC navigate volatility, optimise capital and drive profitable growth.
5 August 2025Adrienne O’Neill to join MetLife as Executive Vice President and Chief Accounting Officer
MetLife announced that Adrienne O’Neill will join the company as Executive Vice President and Chief Accounting Officer, effective September 2, 2025.
5 August 2025Zurich successfully completes the acquisition of Toronto-based global cyber insurance and risk management insurtech, BOXX Insurance
Zurich Insurance Group (Zurich) successfully completed the acquisition of Toronto-based global cyber insurance and risk management insurtech, BOXX Insurance Inc. (BOXX), to provide retail and SME cyber insurance and services globally, Zurich said in its press release.
17 July 2025ERGO successfully completes the acquisition of NEXT Insurance
ERGO Group successfully completed the full acquisition of NEXT Insurance by Munich Re Group. Consequently, NEXT Insurance is now embedded within the management structure of ERGO, the major primary insurance business of Munich Re.
17 July 2025Chariot Re, co-sponsored by MetLife and General Atlantic, to become a premier global provider of innovative reinsurance solutions
MetLife, General Atlantic, and Chariot Reinsurance (Chariot Re), an independent Bermuda-based Class E life and annuity reinsurance company, announced the completion of Chariot Re’s initial reinsurance transaction with a subsidiary of MetLife.
17 July 2025Vinzenz Benedikt is taking over as Head of Group Finance at UNIQA Insurance Group
Vinzenz Benedikt is taking over as Head of Group Finance at UNIQA Insurance Group AG, the Group said in its press release.
17 July 2025Peter Thirring took over as new Chairman of the Vienna Insurance Group Supervisory Board
Peter Thirring took over the role of Chairman of the Vienna Insurance Group (VIG) Supervisory Board with effect from 1 July 2025, succeeding Rudolf Ertl, who continues to serve on the Supervisory Board as Deputy Chairman.
17 July 2025Marsh McLennan appoints Bruce Broussard to its Board of Directors, effective immediately
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, appointed Bruce Broussard as a director, effective immediately. According to the press release, the Company’s Board now consists of 12 directors.
17 July 2025KNF approves the appointment of Andrzej Klesyk as CEO of PZU
On July 2, 2025, the Polish Financial Supervision Authority (KNF) unanimously approved the appointment of Andrzej Klesyk as CEO of PZU SA, the company said.
17 July 2025David Carlson to join Aon as Global Industrial and Manufacturing Leader, effective July 1
Aon, a leading global professional services firm, said David Carlson will join the firm as its global industrial and manufacturing leader, effective July 1.
17 July 2025AXA announces creation of a unified Ceded Re team
AXA announced a significant organizational enhancement with the integration of the AXA Group and AXA XL Ceded Reinsurance (Ceded Re) teams to create a unified Ceded Re team, effective July 1, 2025. This strategic alignment marks a key milestone in AXA’s commitment to streamlined operations and cohesive strategy execution, the company said.
11 July 2025PZU and Bank Pekao take another step towards merging
On June 26, PZU SA and Bank Pekao SA signed a document initially establishing the principles of cooperation between the two companies in a potential transaction of reorganizing the capital group and creating a new banking and insurance group (term sheet).
11 July 2025
