MetLife reported 3Q2024 premiums, fees and other revenues of USD 12.5 billion, down 5% y-o-y. Adjusted premiums, fees and other revenues were also USD 12.5 billion, down 5% on a reported basis and down 4% on a constant currency basis from the prior-year period, according to the company’s press release.

In the first nine months of 2024, Adris grupa achieved total consolidated revenue in the amount of EUR 842 million, which is 9% more y-o-y. Revenue from the sale of goods and services amounted to EUR 794 million (+9%).

Chubb reported net income for the quarter ended September 30, 2024 of USD 2.32 billion, or USD 5.70 per share, and core operating income of USD 2.33 billion, or USD 5.72 per share. Up 15.2% and 15.6%, respectively, with P&C underwriting and net investment income both up double-digit; global P&C and Life insurance net premiums written up 8.5% and 10.6%, in Constant Dollars, according to the press release.

Swiss Re agrees to sell iptiQ's European P&C business to Allianz Direct, in line with its strategic decision to withdraw from iptiQ. Allianz Direct, the pan-European online insurer of Allianz Group, will take over the risk carrier based in Luxembourg.

Global commercial insurance rates fell 1% in the third quarter of 2024, the first time the index has recorded a quarterly decline since the third quarter of 2017, according to the Global Insurance Market Index released by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan.

Vienna Insurance Group (VIG) has announced the creation of Cyber Risk Solutions GmbH (CyRiSo), a new cyber security company with the small and medium-sized companies as primary target group. CyRiSo provides comprehensive support to reduce cyber risks and to prevent and resolve any damage caused by cyber attacks.

Fitch Ratings have upgraded Generali’s Outlook to Positive from Stable and affirmed the Insurer Financial Strength (IFS) Rating at ‘A+’ and the Long-Term Issuer Default Rating (IDR) at ‘A’.

AXA reported for 3Q2024 Gross Written Premiums (GWP) and other revenues up 7% y-o-y, to Euro 84.0 billion, driven mostly by the Property & Casualty segment and the Life & Health business, which both saw a 7% increase in GWP.

Chubb announced the appointment of Tim Benson as Executive Vice President, Multinational Insurance Leader, effective October 30. Tim succeeds Laura Vest, who is retiring from the company after 20 years.

Global insurance and reinsurance broking group Aon has reported a 26% y-o-y rise in total revenue to USD 3.7 billion for the third quarter of 2024, reflecting acquired revenues from NFP and 7% organic revenue growth.

With extreme weather events becoming more frequent and severe, cities face significant risks to their environments, economies and public health. But they also hold the potential to implement creative solutions for climate adaptation and resilience, according to the new research of Zurich Insurance Group (Zurich) and Economist Impact.

E+S Rückversicherung AG, the Hannover Re subsidiary responsible for the Group's German business, anticipates further price increases and improved terms and conditions in the 1 January 2025 renewals in property and casualty reinsurance after losses caused by severe weather events, Hannover Re said in its press release.

Marsh McLennan (MMC), a global leader in risk, strategy and people, reported financial results for the third quarter ended September 30, 2024.

Moody’s Ratings has confirmed Generali Group’s insurance financial strength rating (IFSR) at A3 with a stable outlook, according to the Generali’s press release.

NFP, an Aon company and leading international insurance brokerage and consultancy, announced its acquisition of IHI Group, a Dublin-based advisory firm specialising in financial planning, healthcare and general insurance needs, Aon said in its press release.

Munich Re reported Q3 2024 positive operational performance across all lines of business, resulting in a preliminary net result of about EUR 0.9 billion. The German reinsurer is confident it will surpass its full-year profit target of EUR 5 billion.

After a few years of strong growth, the European reinsurance market should remain dynamic, with demand for property reinsurance protection continuing to grow, Munich Re said, stressing out that to accommodate growing demand, it constantly invests in its underwriting capabilities with experts and models.

On 17 October 1994, Vienna Insurance Group (VIG), at that time trading as Wiener Städtische Versicherung, was listed on the Vienna Stock Exchange for the first time, a move that underpinned VIG’s growth to become the leading insurance group in the CEE region. Since the IPO, VIG has paid a dividend to its shareholders every year without exception.

French insurer Groupama reported that as at 30 June 2024, Groupama’s combined premium income stood at EUR 12.0 billion, which indicates an 8.7% increase y-o-y. The increase came from property and casualty insurance (+5.0%), health and personal protection insurance (+10%), and savings and pensions (+20.7%).

Global re/insurance broker Aon announced that Emma Crookes was named as global head of the insurance vertical. The insurance vertical delivers the full range of Aon’s capabilities to re/insurance clients with more relevant and impactful insight and solutions to meet their strategic goals and enable better business decisions.