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
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.
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.
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.
On 20 July 2021, the members of the Supervisory Board of Sava Re have re-elected Davor I. GJIVOJ jr., previously member of the Supervisory Board, as Chairman. Keith W. MORRIS, has been re-elected as Deputy Chairman.
Global re/insurance broker Aon announced three senior leadership appointments in EMEA Region following John Cullen step down from his role as Chief Executive Officer (CEO) of Commercial Risk, Health and Affinity in EMEA at the end of June.
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.
Munich Re achieved a preliminary net profit of around EUR 1.1 billion in the stand-alone second quarter of the year 2021 (consensus of EUR 808 million, a mean value derived from the estimates of 14 financial analysts). The half-year result amounts to around EUR 1.7 billion.
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.
Lloyd's announced that Eleanor Bucks will be joining the Corporation in the newly created role of Chief Investment Officer, which will build and lead Lloyd's new investment platform for the market.
FINMA - the Swiss Financial Market Supervisory - announced its Board of Directors appointed Urban Angehrn (currently Group Chief Investment Officer of Zurich Insurance Group) as the authority's new CEO.
Lloyd's Insurance Company has confirmed its new Board appointees with Bruno van Lierde, Nicole Verheyen and Amelie Breitburd. Angela Crawford-Ingle will also join the LIC Board of Directors, effective immediately.
Allianz Australia announced the completion of the transaction to acquire Westpac's general insurance business and commenced a 20-year exclusive agreement to distribute general insurance products to Westpac customers.
French reinsurer SCOR announced at the Annual General Shareholders' Meeting of June 30, 2021, SCOR's shareholders, overwhelmingly supported SCOR's strategy and the new governance proposed by its Board of Directors.
Insurance Europe has published their positive response for the overall objective of the European Commission to create a single market for data, where data from public bodies, businesses and citizens can be used safely and fairly for the common good.
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.
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.
SCOR's shareholders were presented today the Group's new governance proposed by its Board of Directors, consisting of a separation of the roles of Chairman of the Board and Chief Executive Officer with effect from today.
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.
Avto Union AD, part of Bulgarian Eurohold, signed a preliminary contract for the sale of its subsidiary N Auto Sofia EAD to Bulpharma OOD, a leading investor in healthcare services.