News - Re/Insurance groups
WTW 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).
The 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.
MetLife 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.
MetLife 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.
Vienna 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.
Talanx Group starts 2025 with a very good quarter according to preliminary results
The Talanx Group has started the current financial year 2025 with a very good first quarter and has significantly exceeded the analysts' consensus of EUR 467 million with a preliminary consolidated result of EUR 604 (576) million.
Munich Re’s overall dividend payout for the 2024 financial year amounts to EUR 2.6 billion
Munich Re’s Annual General Meeting for the 2024 financial year approved a dividend of EUR 20 per share (vs 2023: EUR 15). The overall dividend payout amounts to about EUR 2.6 billion.
Chubb, Zurich, National Indemnity launch a unique facility to deliver excess umbrella liability coverage
Chubb, Zurich North America and National Indemnity have announced a new excess casualty facility that can offer up to USD 100 million in lead excess casualty insurance capacity on a claims-made basis for large national and multinational companies.
AIG has an excellent start in 2025 delivering very strong results in 1Q
American International Group (AIG) in 1Q2025 saw strong top-line growth, with net premiums written (NPW) of USD 4.5 billion, flat y-o-y on a reported basis, but an increase of 8% on a comparable basis, the Group said in its report on first quarter 2025 results.
Generali appoints Chairman and CEO for the three-year period 2025-27
At a meeting at the end of April, the Board of Directors of Generali resolved on the assignment of corporate offices for the three-year period 2025-27, electing Andrea Sironi as Chairman and Philippe Donnet as Managing Director and Group CEO.
Aon appoints Anthony DiLorenzo as Head of US Casualty for Reinsurance Solutions
Aon, a leading global professional services firm, named Anthony DiLorenzo as head of US casualty for Reinsurance Solutions, effective immediately. In his new role DiLorenzo will be responsible for leading casualty broking teams to deliver insights and solutions to clients, combining transactional expertise with data and analytics excellence, the company said in its recent press release.
Aon announces new appointments within Reinsurance Solutions’ Client Services function
Aon, a leading global professional services firm, announced new appointments within Reinsurance Solutions’ Client Services function, which provides dedicated support to clients through expert claims handling and accounting, ensuring a seamless and responsive experience throughout the claims lifecycle.
New appointments in SCOR SE Board of directors
SCOR SE’s shareholders approved yesterday, on the occasion of the Ordinary and Extraordinary Shareholders’ Meeting, the renewal of the terms of office as directors of Fabrice Brégier, Martine Gerow and Fields Wicker-Miurin.
POLAND: PZU CEO Andrzej Klesyk sets out vision for growth, innovation, and market leadership, planning a bold overhaul
Returning as acting CEO of PZU after a 10 years break, Andrzej Klesyk brings with him not only international experience, but a decisive plan to reposition Poland's largest insurer for sustainable growth and restored market dominance.
Chubb had a good first quarter overshadowed by the significant catastrophe losses incurred from the California wildfires
Chubb, a world leader in insurance, reported net income for the quarter ended March 31, 2025, of USD 1.33 billion, and core operating income of USD 1.49 billion, according to the company’s press release.
Aon’s first quarter performance marks a strong start to 2025
In the first three months ended March 31, 2025, Aon’s total revenue increased 16% to USD 4.7 billion compared to the prior year period, reflecting the contribution from NFP, 5% Organic revenue growth and a 2% unfavorable impact from foreign currency translation, the company reported.
WTW had a solid start to the year in Q1, delivering results in line with the expectations
Revenue of WTW, a leading global advisory, broking and solutions company, for the first quarter ended March 31, 2025, was USD 2.22 billion, a decrease of 5% as compared to USD 2.34 billion for the same period in the prior year.
The Annual General Meeting of Generali approves the 2024 financial statements and elects appoints the new Board of Directors
The Annual General Meeting of Generali has approved the financial statements for the year 2024, which closed with a net result of EUR 3,724 million, and announced the distribution to the shareholders of a dividend of EUR 1.43 per share, to be paid as from 21 May 2025.
Ray Hall appointed as Head of Western World, an AIG company that offers dedicated wholesale solutions in the contract bind property, casualty and garage segments
American International Group (AIG) announced the appointment of Ray Hall as Head of Western World, effective immediately, the company said.
AXA’s Shareholders’ Meeting approves changes to the composition of the Board and payment of a dividend of EUR 2.15 per share
Following its Annual Shareholders’ Meeting held on April 24, AXA announced that all the resolutions submitted to shareholders were approved. The Shareholders’ Meeting approved changes to the composition of the Board and the payment of a dividend of EUR 2.15 per share for the 2024 financial year.
7 May 2025