News - Re/Insurance groups
SCOR SE placed under examination in connection with a judicial investigation in France
SCOR SE has been placed under examination as a legal entity in connection with a judicial investigation in France related to facts attributed to an association which allegedly attempted to obstruct the acquisition of Partner Re by the Covéa group in 2022.
Sava Insurance Group achieves record profit after tax in 2024
Sava Insurance Group announced that the supervisory board of Sava Re d.d. approved the audited Annual Report of the Sava Insurance Group and Sava Re d.d. for 2024. The Sava Insurance Group achieved strong results in 2024, surpassing its financial targets and generating a net profit of EUR 87,846,542.
PZU once again becomes the Best Insurer in Poland
PZU has once again become the Best Insurer in Poland in the mojebankowanie.pl portal competition, confirming its high level of customer service. PZU has become a leader in two categories - service at a branch and remote communication. In the assessment of online travel insurance purchases, it ranked third.
MetLife named as a 2025 CIO 100 Award Winner
MetLife, a global leader in insurance solutions, has been named as a 2025 CIO 100 Award Winner by Foundry CIO for My Leave Navigator. For almost 30 years, the CIO 100 Awards have recognized innovative organizations that exemplify the highest level of strategic and operational excellence in IT, the company said.
MetLife is among the Fortune 100 Best Companies to Work For in 2025
This is the third consecutive year that MetLife, a global leader in insurance solutions, has earned a spot on the Fortune 100 Best Companies to Work For list in 2025.
Groupama’s 2024 annual results: despite a turbulent economic and geopolitical environment, the group demonstrates the solidity and strength of its mutual model
French insurer Groupama’s economic operating income increased to EUR 954 million at 31 December 2024, up 52% compared with 31 December 2023. It came from property and casualty insurance for EUR 429 million (vs EUR 316 million) and health and protection insurance for EUR 299 million (vs EUR 233 million).
Generali completes the share acquisition of Generali China Insurance Company Limited
Generali announced the completion of the share acquisition of Generali China Insurance Company Limited (GCI). Having received all regulatory approvals, Generali now has full ownership of its Property and Casualty (P&C) insurance business in China, the company said.
AXA completes the acquisition of a predominantly Retail P&C insurance company in Italy
AXA has completed the acquisition of Gruppo Nobis (Nobis), a predominantly Retail P&C insurance company in Italy, benefiting from a well-diversified distribution network, that includes multi-tied agents and car dealer partnerships.
Aon report: a competitive reinsurance market resulted in improved pricing for most insurers at April 1 renewals
A competitive reinsurance market resulted in improved pricing for most insurers at April 1 renewals, driven by enhanced reinsurer results and relatively benign natural catastrophe loss activity across the region, the latest Aon’s report in its Reinsurance Market Dynamics series emphasized.
Aegon’s Integrated Annual Report 2024: The progress made in 2024 reflects the ability to adapt and grow in a changing environment
The Dutch insurer Aegon has published its Integrated Annual Report 2024, which contains the company’s financial and non-financial results, as well as a detailed overview of the company and its various businesses. The report provides an analysis of Aegon’s business environment in 2024 and describes how the company brought its purpose and strategy to life during the year.
Marsh appoints new CEO Bowring Marsh Bermuda
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan announced the appointment of Lindsay Roos as CEO, Bowring Marsh Bermuda, its Bermuda-based international placement specialist, effective immediately.
Aon names Soeren Soltysiak as Asia CEO of Reinsurance Solutions and Musa Adlan as managing director
Aon, a leading global professional services firm, named Soeren Soltysiak as Asia CEO of Reinsurance Solutions, effective 1 April 2025.
Aegon announces the nomination of new members of its Board of Directors
The Dutch insurer Aegon announced the nomination of David Herzog, Lori Fouché and Jay Ralph as new members of its Board of Directors at the company’s Annual General Meeting of shareholders (AGM) which will be held on June 12, 2025.
PZU Group to be transformed into a holding
In 2024, the PZU Group increased its gross insurance revenues by PLN 2.6 billion to PLN 29.4 billion, or 9.5% y-o-y. Net profit attributable to shareholders of the parent company exceeded PLN 5.3 billion, with a high adjusted ROE ratio of 18%, PZU said in its statement.
Vienna Insurance Group successfully placed a Tier 2 Sustainability Bond
VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe ("VIG") announced it successfully placed on 26 March 2025 Subordinated Fixed to Floating Rate Tier 2 Notes with scheduled maturity on 2 April 2045 in an aggregate principal amount of EUR 300 million (the "Notes") with institutional investors in Austria and abroad.
NEXT Insurance to become part of ERGO
Munich Re and NEXT Insurance have signed a definitive agreement regarding the full acquisition of NEXT Insurance by Munich Re on 19 March 2025. The envisaged transaction will have NEXT Insurance become part of ERGO, the major primary insurance business of Munich Re.
Talanx insurance revenue in 2024 rises to EUR 48.1 billion
The Talanx Group published its full consolidated financial statements on 19 March 2025. The Group continued its focus on profitable growth in financial year 2024 while simultaneously increasing its resilience. The Group’s insurance revenue rose by 11% to EUR 48.1 billion, while its operating profit (EBIT) climbed significantly to EUR 4.9 (3.1) billion.
MetLife creates a new regional business unit in Latin America by the name of MetLife Xcelerator
MetLife, a global leader in insurance solutions, announced the creation of a new regional business unit in Latin America by the name of MetLife Xcelerator, marking a significant milestone in the evolution of the MetLife Xcelerator platform and execution of the company’s New Frontier strategy, the company said in its recent press release.
Cyber Echo Encore to provide Marsh clients with the option to access up to USD 45 million in new cyber insurance capacity
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan announced the launch of Cyber Echo Encore, an enhancement to its market-leading Cyber Echo insurance facility, providing Marsh clients with the option to access up to USD 45 million in new cyber insurance capacity.
Consortium of Allianz, BlackRock and T&D Holdings to acquire a leading European life insurance consolidator
A consortium including Allianz, BlackRock and T&D Holdings will acquire ownership of Viridium Group (Viridium), a leading European life insurance consolidation platform, from Cinven. Generali Financial Holdings and Hannover Re remain investors, Allianz said in its press release.
8 April 2025