News - Re/Insurance groups

PartnerRe announced collaboration with machine learning company Ladder

PartnerRe announced that it has established a new partnership with Ladder, a pioneered in the use of machine learning to instantly underwrite life insurance online. The result is a streamlined, ten-minute digital process and affordable pricing to help modern consumers care for their families.

Vienna Insurance Group - celebrating 30 years of CEE history

The last 30 years meant for Vienna Insurance Group traveling a road that led it from an Austrian pioneer to an international market leader in the CEE region. Today, VIG's business card shows: 30 countries, around 50 insurance companies, more than 22 million customers and a premium volume of over EUR 10 billion.

Tomasz Rowicki steps down from VIG Re's Board of Directors

Tomasz Rowicki will resign from his function as a member of the VIG Re Board of Directors in order to take up a new management position within a company of Vienna Insurance Group in Poland, effective 1 January 2021.

AVIVA named two Non-Executive Directors

AVIVA announced the appointment of Mohit JOSHI and Jim MCCONVILLE as Independent Non-Executive Directors of the Company with effect from 1 December 2020.

MUNICH Re posts Q3 profit result of about EUR 200 million

Global reinsurer MUNICH Re announced that during the third quarter of 2020, it registered COVID-19 related losses totaling about EUR 800 million in reinsurance. "The losses were attributable to various business lines, such as insurance for major events and other property-casualty lines, and the life and health business".

TALANX to increase its business volume in Italy by EUR 300 million by acquiring non-life insurer AMISSIMA Assicurazioni

The German insurance group TALANX announced is expanding its business in Italy by acquiring through HDI Assicurazioni, a subsidiary of HDI International AG, the TALANX Group's Retail International Division - all the shares of Italian non-life insurer AMISSIMA Assicurazioni from AMISSIMA Holdings (indirectly owned by investment funds managed by affiliates of APOLLO Global Management, Inc.)

Maksym Shylov appointed as GrECo's Group Practice Leader

GrECo announced Maksym Shylov's appointment as Group Practice Leader. He will be responsible for the strategy and development of this Specialty in all GrECo Group countries, including Poland where he will be located.

GREECE: The ETHNIKI investor to include in contract a target clause

National Bank of Greece is in advanced talks with CVC Capital Partners about the sale of ETHNIKI Insurance - the largest insurance company in Greece. The value of the transaction of sale of 80% of Greek insurer - mentioned by media is around EUR 460-480 million.