Croatia Osiguranje, the country's top insurer, will propose to its shareholders to distribute a dividend of EUR 116.37 per share on preferred and ordinary stock, or almost EUR 50 million in total, SeeNews said.

AXA announced the roll-out of its Climate's Climate School, a training offer on the challenges of climate change to its individual shareholders, thus confirming its ambition to be a responsible player in society in the face of environmental challenges.

Swiss Re announced that Andreas BERGER will become Group CEO, effective 1 July 2024, taking over from Christian MUMENTHALER, who will step down.

Global insurance broker Marsh, part of Marsh McLennan, announced the launch of a new insurance facility for custodians of digital assets, including financial institutions. “The largest facility of its kind, it provides insurance capacity up to USD 825 million and is available to Marsh clients globally”.

Lloyd’s re/insurance marketplace FY2023 solid profitability on both the underwriting and investment sides, and a strong balance sheet.

Dutch insurer Achmea and Canada's Fairfax Financial Holdings Limited have reached an agreement on the sale of online insurance agency Onlia to Southampton Financial Inc..

Polish insurer PZU informed in a statement that on 27 March 2024, the Company's Supervisory Board (SB) appointed new President of the PZU SA Management Board and other three Members. “The resolutions came into force upon adoption. All appointments are effective as of 12 April 2024 for a joint term of office covering three full fiscal years 2023–2025.”, informed PZU.

German reinsurer Hannover Re announced it will combine its global business in the areas of cyber and digital to “further strengthen its underwriting expertise by creating a new specialty reinsurance business unit”.

After again generating record Group net income of EUR 1,581 million in financial year 2023, the Talanx Group is proposing that the General Meeting lift the dividend per share by 35 cents to EUR 2.35.

Global insurance broker Marsh announced that it intends to exercise its option to acquire the majority of shares in Beassur Marsh, a leading insurance broker in Morocco. The announcement follows Marsh’s acquisition of a stake in the business in June 2019. Terms of the transaction were not disclosed.

German reinsurer Hannover Re generated Group net income of EUR 1.8 billion for the 2023 financial year (previous year: EUR 0.8 billion) and thus beat its guidance of at least EUR 1.7 billion.

The Supervisory Boards of Hannover Ruck SE and E+S Ruckversicherung AG have appointed Thorsten Steinmann as a member of the Executive Board of Hannover Re and E+S Ruck effective 1 September 2024. He will succeed Michael Pickel, who will retire on 31 December 2024 after 25 successful years at Hannover Re.

At today's meeting of the Supervisory Board of Vienna Insurance Group (VIG),

In 2023, VIG Re – the reinsurance arm of the Vienna Insurance Group -, reported GWP growth by 13.7%, to EUR 900.7 million, driven by significant growth of the non-life treaty business across all segments. Under the new IFRS 17/9 accounting standards, insurance service revenue for the year was EUR 819.4 million.

According to the 2024 Political Risk Report recently released by the global insurance broker Marsh, despite continued volatility and uncertainty, there are substantial global growth opportunities that organizations may benefit from, if these risks are managed effectively.

Premiums written by Austrian insurers during FY2023 stood at EUR 21.95 billion, an increase of 5.43% or EUR 1.13 billion compared with the preceding year. During the 4th quarter of 2023 alone, there was an increase in premium volume of +7.51% y-o-y to EUR 4.99 billion compared with Q4 2022, according to a press released by the Austrian Financial Market Authority (FMA)

Swiss Re will propose the election of a new Chair of the Board of Directors at the 2024 AGM. This year's AGM will be held on 12 April 2024 in Zurich.

Austrian Vienna Insurance Group (VIG) reported GWP for the full year 2023 worth EUR 13.8 billion, 10% more y-o-y. Earnings before taxes reached around EUR 773 million, up by +32% y-o-y, while the insurance service revenue increased by 12%, to EUR 10.9 billion, VIG announced.

Italian groups Generali ended 2023 with GWP of EUR 82.5 billion, 5.6% up y-o-y, and a record operating result of EUR 6.9 billion (+7.9%), thanks to positive contribution from all segments, led by P&C, the Group announced.

According to the preliminary 2023 financial results, Austrian insurance group UNIQA posted strong premium growth (+9.7% to EUR 7.18 billion) while earnings before taxes exceeded expectations (at EUR 426.4 million).