News - Re/Insurance groups
Zurich successfully completes the acquisition of Toronto-based global cyber insurance and risk management insurtech, BOXX Insurance
Zurich Insurance Group (Zurich) successfully completed the acquisition of Toronto-based global cyber insurance and risk management insurtech, BOXX Insurance Inc. (BOXX), to provide retail and SME cyber insurance and services globally, Zurich said in its press release.
17 July 2025ERGO successfully completes the acquisition of NEXT Insurance
ERGO Group successfully completed the full acquisition of NEXT Insurance by Munich Re Group. Consequently, NEXT Insurance is now embedded within the management structure of ERGO, the major primary insurance business of Munich Re.
17 July 2025Chariot Re, co-sponsored by MetLife and General Atlantic, to become a premier global provider of innovative reinsurance solutions
MetLife, General Atlantic, and Chariot Reinsurance (Chariot Re), an independent Bermuda-based Class E life and annuity reinsurance company, announced the completion of Chariot Re’s initial reinsurance transaction with a subsidiary of MetLife.
17 July 2025Vinzenz Benedikt is taking over as Head of Group Finance at UNIQA Insurance Group
Vinzenz Benedikt is taking over as Head of Group Finance at UNIQA Insurance Group AG, the Group said in its press release.
17 July 2025Peter Thirring took over as new Chairman of the Vienna Insurance Group Supervisory Board
Peter Thirring took over the role of Chairman of the Vienna Insurance Group (VIG) Supervisory Board with effect from 1 July 2025, succeeding Rudolf Ertl, who continues to serve on the Supervisory Board as Deputy Chairman.
17 July 2025Marsh McLennan appoints Bruce Broussard to its Board of Directors, effective immediately
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, appointed Bruce Broussard as a director, effective immediately. According to the press release, the Company’s Board now consists of 12 directors.
17 July 2025KNF approves the appointment of Andrzej Klesyk as CEO of PZU
On July 2, 2025, the Polish Financial Supervision Authority (KNF) unanimously approved the appointment of Andrzej Klesyk as CEO of PZU SA, the company said.
17 July 2025David Carlson to join Aon as Global Industrial and Manufacturing Leader, effective July 1
Aon, a leading global professional services firm, said David Carlson will join the firm as its global industrial and manufacturing leader, effective July 1.
17 July 2025AXA announces creation of a unified Ceded Re team
AXA announced a significant organizational enhancement with the integration of the AXA Group and AXA XL Ceded Reinsurance (Ceded Re) teams to create a unified Ceded Re team, effective July 1, 2025. This strategic alignment marks a key milestone in AXA’s commitment to streamlined operations and cohesive strategy execution, the company said.
11 July 2025PZU and Bank Pekao take another step towards merging
On June 26, PZU SA and Bank Pekao SA signed a document initially establishing the principles of cooperation between the two companies in a potential transaction of reorganizing the capital group and creating a new banking and insurance group (term sheet).
11 July 2025Marsh launches Cyber Unity to support organizations across the European Union, as well as in Israel, Norway, Serbia, and Turkey
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, announced the launch of Cyber Unity, a new insurance facility for organizations across the European Union, as well as in Israel, Norway, Serbia, and Turkey, with revenues up to EUR 500 million.
11 July 2025ERGO Group AG further expands its presence across Denmark, Norway and Sweden
Following the merger of Europæiske Rejseforsikring A/S and ERGO Forsikring AS, ERGO is combining its travel and health insurance activities within one company. Through the launch of ERGO Forsikring A/S, ERGO will leverage the respective businesses’ strengths across Denmark, Norway and Sweden, the company announced on its website.
11 July 2025Central Bank of India becomes a new joint venture partner of Generali in India
Generali announced Central Bank of India (CBI) as its new joint venture (JV) partner in the country. CBI is one of the oldest public sector Indian banks, established in 1911, with a market capitalisation of EUR 5.1 billion and a distribution network of over 4,500 branches serving more than 80 million customers, Generali said.
11 July 2025AXA recognized as Most Creative Brand of the Year at the Cannes Lions Festival 2025
AXA won the title of Creative Brand of the Year at the prestigious Cannes Lions Festival 2025, the leading global event for advertising and marketing. Present with two campaigns, AXA Three Words and Group Therapy, AXA won a total of 13 awards in various categories, the company said on its website.
11 July 2025Aon launches Aon Broker Copilot to transform the commercial insurance placement process
Aon, a leading global professional services firm, announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process, the company said in its press release.
11 July 2025Allianz closed the sale of its 50% stake in UniCredit Allianz Vita to UniCredit
Allianz SE closed the sale of its 50% stake in UniCredit Allianz Vita SpA, the life insurance joint venture with UniCredit Group in Italy, to UniCredit for a total consideration of approx. EUR 0.8 billion, the company announced in its press release.
25 June 2025UNIQA completes sale in Albania, Kosovo and North Macedonia and is strengthening its strategic focus on the core markets in Central and Eastern Europe
UNIQA has successfully completed the sale of its companies in Albania, Kosovo and North Macedonia, the company announced on its website.
25 June 2025Marsh launches a new insurance facility providing up to EUR 1 billion in construction all-risks coverage
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, announced the launch of Nimbus, a new insurance facility providing clients with comprehensive cover for the construction of large-scale data centers across the UK and Europe.
25 June 2025Generali receives Gold in the Distribution Innovation and Silver as Global Innovator at the 2025 Qorus Innovation in Insurance Awards
This year, Generali innovation projects have been shortlisted as finalists in the 2025 Qorus Innovation in Insurance Awards – the competition that showcases the most outstanding innovations in the industry. According to the Group’s press release, Generali’s achievements spotlight the Group’s commitment to transforming insurance through technology, talent, and teamwork.
25 June 2025Adris Grupa invested EUR 200 million in the growth and development of its businesses in 2024
In 2024, Adris Grupa invested EUR 200 million and, after several years of preparation, launched an ambitious three-year investment cycle worth more than EUR 600 million euros. Despite significant investments, the Group remains financially stable, low-indebted and financially strong, said the President of the Management Board of Adris Grupa, Marko Remenar explaining last year's business results.
25 June 2025
