Familyman, strategist and philosopher are the three words with which Hartwig Löger, the new CEO of the Vienna Insurance Group (VIG) defines himself in a short video recording published on the Group’s website.

Generali announces the acquisition of Conning Holdings Limited (CHL), a leading global asset manager for insurance and institutional clients, from Cathay Life, a subsidiary of Cathay Financial Holdings, one of the largest Asia-based financial institutions.

Marsh McLennan's reinsurance broker Guy Carpenter announced that it had completed its previously announced acquisition of Re Solutions, the leading independent reinsurance broker in Israel. Terms of the transaction were not disclosed.

Croatian conglomerate ADRIS Grupa with business in tourism, food production and insurance (the owner of Croatia osiguranje Group - one of the largest insurers in Adriatic region) informed that last year all three businesses have increased their sales revenues, "the tourism business in particular, driven by the relatively quick recovery of the tourism market".

Marsh McLennan - MMC informed that Hafize Gaye Erkan has stepped down as a member of its Board of Directors (BoD), effective immediately. "As a member since early 2022, Ms. Erkan served on the Audit and Directors and Governance committees during her time on the Board".

An optimized positioning of the Vienna Insurance Group (VIG), a strong focus on the target groups of investors and applicants, as well as a comprehensive area on the subject of sustainability are the core themes of the new website. For the first time, the website uses its own top-level domain with www.group.vig .

On July 1, 2023, Hartwig Löger will take over the position of CEO of the Vienna Insurance Group (VIG) from Elisabeth Stadler. Peter Höfinger becomes Deputy Chairman of the Management Board.

Global re/insurance broker Aon announced that Paul Davies has taken on the role of Vice Chair of the company, reporting to Aon CEO Greg Case.

Global broker WTW announced the appointment of Diya Luke as global head of Investments, effective July 1. She will report to Julie Gebauer, head of Health, Wealth & Career and succeeds Chris Ford, who will retire at the end of June.

Generali announced it has reached an agreement with Liberty Mutual for the purchase of Liberty Seguros, a Spanish insurance company operating in Spain, Portugal Ireland and Northern Ireland.

The German insurance group Talanx announced its Retail International division has signed a purchase agreement to acquire the Liberty Seguros personal and small commercial business in Brazil, Chile, Colombia, and Ecuador.

Dutch insurer Aegon announced the completion of the divestment of its businesses in Poland and Romania to Vienna Insurance Group for EUR 125 million.

Eurohold Bulgaria, one of the largest energy and financial group in CEE, posted an increase in its financial results in the first quarter due to improved profitability of its energy business and stable results from the insurance operations, shows the consolidated report of the company for the period.

The 35^th round of traditional "International Insurance Tennis Tournament" hosted y Milli Re, one of the most well-established sports events in Turkey and one of the longest-running sport events in the sector, took place at Miltas-Suadiye Sports Complex in between 9-11 June 2023.

Since the end of May, two photovoltaic systems have been supplying Vienna Insurance Group's headquarters in the Austrian capital city with sustainable solar power. VIG expects this technology will make a valuable contribution to the Group's sustainability strategy as this is a significant part of its business model.

Lloyd's, the world's leading marketplace for commercial, corporate and specialty risk solutions, today announces the appointment of Rachel Turk in the new role of Chief Underwriting Officer

The General Meeting of Shareholders of Zavarovalnica Triglav d.d., approved the allocation of EUR 56.8 million for dividend payment or EUR 2.50 gross per share. This represents more than 50% of the Triglav Group's net profit for 2022 and a 7% dividend yield.

The shareholders of Slovenian Sava Re Group adopted the proposal of the management and supervisory boards to use EUR 24.8 million of the profits for dividends. The dividend is EUR 1.60 gross per share, payable on 21 June 2023 to shareholders of record on 20 June 2023.

Vienna Insurance Group (VIG) continues to be on a growth path in Q1 2023, with premiums written according to IFRS 4 increasing y-o-y by 12.1% to EUR 3,871 million. Despite numerous economic and geopolitical uncertainties, VIG remains cautiously optimistic for 2023 as a whole and still aims for a positive operating performance.

Unaudited financial results of the Sava Insurance Group for Q1 2023 show a business volume up by 9.9% to EUR 260.2 million, while the net profit reached EUR 20.1 million, significantly higher y-o-y. Estimated solvency ratio was of 180% - 186%, well within optimal capitalization range.