News - Re/Insurance groups
Hannover Re reports Group net income of EUR 480 million in 1Q
Hannover Re reported Group net income for the first quarter that was 13.9% lower y-o-y due to considerable natural catastrophe losses. Thanks to the healthy underlying business, the company nevertheless remains well on track to achieve the targets set for the current financial year, according to the Group’s press release.
21 May 2025Groupama’s international entities rewarded for their products and customer support
French insurer Groupama’s international entities have been rewarded for their products and customer support - Bulgarian, Greek, Hungarian, Italian, Romanian, Chinese, and Tunisian entities have been recognized with various awards.
21 May 2025Aviva has a great start in 2025 confident in achieving Group targets
UK insurer Aviva reported its General Insurance premiums up 9% to GBP 2.9 billion in 1Q2025 (1Q24: GBP 2.7 billion). UK&I GI premiums rise 12% to GBP 2.0 billion (1Q24: GBP 1.8 billion) with 8% growth in Personal Lines and 15% growth in Commercial Lines, reflecting strong new business and the acquisition of Probitas.
21 May 2025Aon appoints Lambros Lambrou as Chief Strategy Officer
Aon, a leading global professional services firm, has appointed Lambros Lambrou to serve as Chief Strategy Officer for Aon, effective immediately, the company said.
21 May 2025Angelo Colombo appointed as Chief Executive Officer, AIG Latin America and the Caribbean
Angelo Colombo has been appointed as Chief Executive Officer, AIG Latin America and the Caribbean (LAC), effective June 2, 2025, subject to regulatory approval, as American International Group (AIG) announced.
21 May 2025In 1Q2024 all business activities of SCOR contributed to a strong consolidated Group net income
SCOR recorded EUR 200 million net income (EUR 195 million adjusted) in 1Q2025, supported by all
13 May 2025Zurich starts the new 2025–2027 financial cycle positively, delivering revenue growth
Zurich's P&C business saw robust growth with a 5% rise in gross written premiums, against a strong prior year comparison, underscoring the company's sustainable and consistent performance.
13 May 2025Hannover Re to distribute EUR 1.1 billion to its shareholders as dividend for the 2024 financial year
The Annual General Meeting of Hannover Rück SE approved the proposal put forward by the Executive Board and Supervisory Board to pay a total dividend for the 2024 financial year of EUR 9.00 (previous year: EUR 7.20) per share, an increase of 25% compared to the previous year.
13 May 2025Dividend amount recommended by the PZU Management Board for 2024 is the highest recommended payout level per share in 12 years
On May 6, 2025, the PZU SA Management Board submitted a motion to the Annual General Meeting of the company's shareholders regarding the distribution of net profit for 2024. According to the press release of PZU, the Management Board proposes to allocate PLN 4.47 per share for the payment of dividend this year.
13 May 2025AXA starts the year with strong performance, achieving robust revenue growth across all business lines
Total GWP of AXA and other revenues in 1Q2025 were up 7% to EUR 37.0 billion, driven by Property & Casualty (+7% to EUR 21.0 billion), according to the AXA’s press release.
13 May 2025Typhaine Beaupérin appointed by Marsh as Client Leader, Risk Management, Europe
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, has appointed Typhaine Beaupérin as Client Leader, Risk Management, Europe, effective end June 2025.
13 May 2025The contract of Carlo Clavarino, Aon’s Executive Chairman, International extended through 2029
Aon, a leading global professional services firm, has extended the contract of Carlo Clavarino, Executive Chairman, International, through 2029, the company said.
13 May 2025Marsh appoints Jim Dunn as US Construction Practice Leader
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, has appointed Jim Dunn as US Construction Practice Leader.
13 May 2025Lloyd’s new CEO appointed
Patrick Tiernan has been appointed as Chief Executive Officer (CEO) by the Council of Lloyd’s, the world’s leading marketplace for insurance and reinsurance. Patrick will commence his tenure as Lloyd’s new CEO on 1 June 2025.
13 May 2025Amanda Lyons appointed CEO of Aon Reinsurance Solutions Limited in Bermuda
Amanda Lyons had been appointed CEO of Aon Reinsurance Solutions Limited in Bermuda, effective July 1 and subject to regulatory and immigration approvals, according to a recent announcement of Aon, a leading global professional services firm.
13 May 2025WTW to wholly manage its businesses in Dubai and Bahrain
WTW, a leading global advisory, broking and solutions company, is having a change in the ownership of its longstanding joint venture, United Arab Emirates (UAE) based Al-Futtaim Willis (AFW).
7 May 2025The Zurich’s Financial Condition Report 2024 reaffirms the strong financial position and robust balance sheet of the Group
The Zurich’s Swiss Solvency Test (SST) ratio was 253% as per December 31, 2024, compared to 234% in the previous year, according to the Group’s Financial Condition Report 2024 that reaffirms the strong financial position and robust balance sheet of the Group.
7 May 2025MetLife has solid first-quarter performance with favorable underwriting, good volume growth and better variable investment income
MetLife reported first quarter 2025 premiums, fees and other revenues of USD 13.6 billion, up 14%. Adjusted premiums, fees and other revenues were also USD 13.6 billion, up 14% on a reported basis and up 16% on a constant currency basis.
5 May 2025MetLife enters into an agreement with a subsidiary of Talcott Financial Group to reinsure approximately USD 10 billion of U.S. retail variable annuity and rider reserves
MetLife has entered into an agreement with Talcott Resolution Life Insurance Company (Talcott), a life insurance and annuities subsidiary of Talcott Financial Group, to reinsure approximately USD 10 billion of U.S. retail variable annuity and rider reserves.
5 May 2025Vienna Insurance Group saw double-digit growth in gross written premiums and insurance service revenue in 2024
In 2024 Vienna Insurance Group (VIG) had double-digit growth in gross written premiums and insurance service revenue, a strong profit increase and an impressive solvency ratio, once again consolidating its resilience and market leadership in the CEE region.
5 May 2025
