News - Re/Insurance groups
Allianz to sell its 26% stake in its Indian Non-Life and Life Insurance Joint Ventures to Bajaj Group
Allianz SE entered into binding share purchase agreements with Bajaj Finserv Ltd. to sell its 26% stake in its successful non-life and life insurance joint ventures – Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company – to the Bajaj Group for a total consideration of EUR ~2.6 billion, the company said on its website.
Marsh announces new Global Chair and Global Head of Energy & Power
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan announced the appointment of Amy Barnes as Global Head of Energy & Power, effective immediately.
Aon: Eric Andersen has transitioned from his role as president to serve as a senior advisor
Aon, a leading global professional services firm, announced that Eric Andersen has transitioned from his role as president to serve as a senior advisor to Greg Case, CEO of Aon, through June 2026. The role of president has been assumed by Case, according to the company’s press release.
Aon strengthens its Global Risk Analytics Leadership Team
Aon, a leading global professional services firm, announced the appointment of Oriol Gaspa Rebull as global head of analytics strategy and operations for Risk Capital alongside three additional new leaders.
VIG further expands market presence in Poland: investment in one of the country's largest financial brokers
Following the merger of the Polish life insurance companies belonging to Vienna Insurance Group (VIG) in autumn 2024, VIG is taking the next step to strengthen its local market positioning by acquiring a stake in Phinance – one of Poland's largest financial brokers.
NN Group published its 2024 Annual Report “Anticipate today, benefit tomorrow”
NN Group, an international financial services company, published its 2024 Annual Report “Anticipate today, benefit tomorrow”.
Lloyd’s announces strong preliminary FY2024 results
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, announced its preliminary results for Full Year 2024. The full results will be released on 20 March 2025, accompanied by guidance on expectations for Lloyd’s Full Year 2025 results, according to the press release.
In 2024 UNIQA Group achieves a strong result despite high claim payments
In 2024, the UNIQA Group achieved a strong result despite high claim payments as a result of extraordinary natural catastrophes. According to the Group’s report, net consolidated profit (up 14.9% to EUR 348 million), earnings before taxes (up 3.6% to EUR 442 million) and premiums written (up 9.1% to EUR 7.8 billion) all grew significantly.
In 2024 Achmea was successful with its growth strategy and achieved strong financial results
Dutch insurer Achmea announced strong revenue and profit growth in 2024, its operational result increased to EUR 845 million, the company said in its press release.
Marsh appoints Andrew George as President of Marsh Specialty, Andrew George and John Donnelly join the Marsh Executive Committee
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan announced the appointment of Andrew George as President of Marsh Specialty, effective immediately.
Hannover Re: 2024 was a very successful financial year, in which the Group grew steadily and generated a very pleasing profit
Hannover Re, one of the world’s leading reinsurers, announced that it substantially increased the Group net income in the 2024 financial year and intends to enable its shareholders to participate in the favourable business performance with a 25% higher total dividend, the Group said in its press release.
Aon appoints new CEO of Aon’s Middle Market, North America
Aon, a leading global professional services firm, announced Denise Perlman will join the firm to lead the middle market segment practice in North America, effective April 1.
Generali overdelivers in 2024 and achieves record operating and adjusted net results
In 2024 GWP of Generali rose to EUR 95.2 billion (+14.9%), thanks to significant growth in both Life and P&C. Life net inflows were very positive at EUR 9.7 billion entirely driven by protection and unit-linked, in line with the Group’s strategy, reflecting the strong product offering and the Group’s highly effective distribution network.
Aon announces two leaders to join the firm to accelerate construction, infrastructure and surety practice in North America
Aon, a leading global professional services firm, announced that Rob McDonough and Brian Hodges will join the firm to accelerate Aon’s construction, infrastructure and surety practice in North America.
Swiss Re Annual Report 2024 and Sustainability Report 2024: strong capital position
Swiss Re Group's capital position remains strong with a Group SST ratio of 257% as of 1 January 2025. As a result of this position, solid 2024 financial results and a positive business outlook, Swiss Re's Board of Directors decided to propose a dividend of USD 7.35 per share, which represents an 8% increase.
VIG Re confirms Viktor FAUCRET as Managing Director of VIG Re France and Head of Western Europe for the Treaty Non-Life business unit
VIG Re announced the confirmation of Viktor FAUCRET as Managing Director of VIG Re France and Head of the Treaty Non-Life to lead the company’s Western European business unit. The appointment underscores VIG Re's commitment to strengthening its senior management team and deepen its presence in key markets.
Morten Hübbe and George Quinn nominated for election as new non-executive and independent members of the Swiss Re Board
Swiss Re's Board of Directors nominates Morten Hübbe and George Quinn for election as new, non-executive and independent members of the Board for a one-year term.
VIG, FY2024: Significant profit growth and positive outlook for 2025
According to the preliminary results, Vienna Insurance Group (VIG) ended 2024 with a premium volume of EUR 15.2 billion, exceeding the previous year’s figure by 10%, while profit before taxes increased to EUR 881.8 million (+14%). The Group expects profit before taxes within a range of EUR 950 million and EUR 1 billion for the 2025 financial year
Allianz is the first insurer to earn the Europrivacy certification
Allianz announced in its press release that it is the first insurer to earn the Europrivacy certification, recognized EU-wide under GDPR. Covering key processes in Austria, Italy, and global recruitment, it underscores Allianz's commitment to exceptional privacy standards.
Chubb to acquire the insurance businesses in Thailand and Vietnam
Chubb, a world leader in insurance, announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam. The terms were not disclosed.
24 March 2025