News - Re/Insurance groups

Aon Extends CEO and CFO Contracts to 2026

Global re/insurance brokerage firm Aon plc announced the extension of employment agreements for Aon CEO Greg Case and Aon CFO Christa Davies for an additional three years, through April 1, 2026. More information is available in the firm's 8-K, filed today with the U.S. Securities and Exchange Commission, here.

Allianz establishes new Global Commercial division

German insurance group Allianz announced effective July 1, 2021, a new division for Global Commercial insurance was established under Chris Townsend, Member of the Allianz SE Board of Management responsible for Global Insurance Lines & Anglo Markets, Reinsurance, Middle East and Africa.

PZU appointed Krzysztof Kozlowski as member of the Management Board

Polish largest insurer PZU SA announced the Company's Supervisory Board appointed Krzysztof Kozlowski to the company's Management Board, entrusting him with the function of a management board member. The resolution comes into force at the time of its adoption.

Vicky Carter to become Lloyd's first female Deputy Chair

Lloyd's announced the appointment of Vicky Carter as Deputy Chair of Lloyd's, effective 1 September 2021. Vicky Carter has sat as an elected member of Lloyd's Council since February 2019 and has worked for the Lloyd's market for 40 years.

HANFA green lighted Zeljko Lovrincevic's appointment as CO's SB member

Croatia osiguranje, the largest Croatian insurer and one of the largest insurance group in the Adriatic Region announced in a statement published on the Zagreb Stock Exchange website that HANFA (Croatian Financial Services Supervisory Agency) authorized Zeljko Lovrincevic as member of the Supervisory Board of CROATIA osiguranje.

UNIQA raises its YE forecasts following H1 preliminary figures

Following preliminary H1 2021 statements, Austrian insurance group UNIQA announced is raising its FY2021 forecast. At the same time, for the first half of 2021, UNIQA estimates that earnings before taxes will exceed EUR 200 million.

Generali has placed a EUR 500 million tier 2 bond due in June 2032

Generali has closed its first sustainability bond in accordance with its Sustainability Bond Framework. The company has placed the new Euro denominated Tier 2 bond due in June 2032. This new format confirms Generali's leading position on sustainability matters.

Generali updates its strategy for climate protection

Italian Generali Group announced its new strategy on climate change which updates and extends the Group's existing plan approved in February 2018, pledges significant action related to investment and underwriting activities, the Group's core businesses, committing to a low climate impact future.

"The EUR 6 billion of new green and sustainable investments made over the last three years have allowed us to exceed our pre-set targets ahead of schedule. We believe that the private sector can play a key role in financially supporting the 'Just Transition' for a future with net-zero greenhouse gas emissions by assisting public institutions in taking the necessary actions," stated Philippe DONNET, CEO of the Group.

Generali Ceska pojistovna to merge with Generali Slovakia

Generali CEE Holding announced the merger of its Czech and Slovak units: Generali Ceska pojistovna and Generali Slovakia. Generali in Slovakia will operate as a branch of Generali Ceska pojistovna, under the name Generali Poistovna, a branch of an insurance company from another Member State.