Swiss Re posted a net income of USD 1.1 billion for the first quarter of 2024. The result benefited from underwriting discipline and strong investment income. Swiss Re is reporting its results under IFRS for the first time after transitioning from US GAAP as of 1 January 2024.

Zurich Insurance Group (Zurich) delivered a strong performance in the first three months of 2024, continuing to profitably grow the top line and maintaining the positive momentum built on the record results achieved in 2023.

German insurance group Talanx AG informed that its General Meeting approved all resolutions proposed by the Board of Management and Supervisory Board, including the proposal on the appropriation of the distributable profit, by a very large majority. Thus, shareholders voted to increase the dividend per share by 35 cents (roughly 18 percent) to EUR 2.35.

German reinsurer Hannover Re informed that the Annual General Meeting approved the proposal of the Executive Board and Supervisory Board to pay a total dividend of EUR 7.20 (previous year: EUR 6.00) per share for the 2023 financial year, an increase of 20% compared to the previous year.

Croatian conglometate Adris grupa - grupa with business in tourism, food production and insurance (the owner of Croatia osiguranje Group - one of the largest insurers in Adriatic region) announced the payment of dividend in the amount of EUR 2.57 per share

Thanks to below-average major-loss expenditure, a high return on investment, and very good operational performance in all business segments, the Munich Re’s Q1 net result increased significantly to EUR 2,140 million. The Group confirmed its expectations for a EUR 5 billion profit in 2024.

International General Insurance Holdings Ltd. (IGI) announced that it will begin trading for the first time at Lloyd’s starting May 9, 2024, demonstrating the company’s long-term commitment to the London market.

Slovene re/insurer Triglav Group announced in a statement posted on the Ljubljana Stock Exchange web-site -the merger of its health insurer - Triglav Zdravstvena zavarovalnica with the Triglav Group's parent company.

German insurance group Talanx informed it has started FY2024 with a strong first quarter exceeding the analysts' consensus of EUR 466 million with a preliminary consolidated net income of EUR 572 million. This development is primarily driven by the strong performance of the primary insurance activities.

Global re/insurance broker AON informed its total revenue in the first quarter increased 5% to USD 4.07 billion compared to the prior year period, while total operating expenses in Q1 2024 increased 9% y-o-y to USD 2.6 billion.

VIG Re, the reinsurance arm of Vienna Insurance Group, has published its Annual Report confirming preliminary financial figures communicated on 20th March 2024.

The Austrian UNIQA Group report, solvency capital report and sustainability report for 2023 was published confirming the “very positive developments of the companies in CEE, which made a substantial contribution of around 50% to its increased profitability.”

With its reports published today for the 2023 financial year, the Vienna Insurance Group (VIG) confirms the preliminary figures communicated on March 12, 2024: strong growth across all segments and divisions, a significant increase in earnings and the clear positioning as number 1 in CEE.

MMC - MARSH McLENNAN posted Q1 2024 consolidated revenue worth USD 6.5 billion, representing an increase of 9% compared with the first quarter of 2023, while operating income rose 12% to USD 1.9 billion.

Generali Group announced that starting June 1st, 2024, it will operate as a diversified financial group focused on two main businesses: Insurance and Asset Management, its activity being divided among five business units and three Regions.

Allianz Group announced the completion of the disposal of its 51% stake in Allianz Saudi Fransi to Abu Dhabi National Insurance Company (ADNIC), a multiline regional insurance provider based in the United Arab Emirates and listed on the Abu Dhabi Stock Exchange.

Swiss Re published the 2023 Financial Condition Report for the Swiss Re Group and its regulated re/insurance legal entities domiciled in Switzerland for the reporting period ended 31 December 2023.

Mercer and Oliver Wyman, businesses of Marsh McLennan, released their 2024 Global Insurance Survey. Drawing on insights of more than 80 insurers globally, the survey highlights their investment and portfolio positioning plans for 2024 and beyond.

The shareholders of Zurich Insurance Group Ltd (Zurich) confirmed Michel M. Liès as Chairman of the Board of Directors (Board) at today’s Annual General Meeting (AGM). They also elected John Rafter as a new member and confirmed all current Board members who stood for re-election.

The Slovene re/insurance group Triglav informed in a statement that its Supervisory Board approved the Audited Annual Report for 2023. According to the Report, Triglav Group increased its total business volume by 12% to EUR 1,780.2 million in 2023, while maintaining its financial stability and high capital adequacy.