News - Re/Insurance groups

Allianz completes acquisition of non-life insurer Aviva Italia S.p.A.

Allianz S.p.A., the Italian holding company of the Allianz Group, announced that it has successfully closed the transaction to acquire Aviva Italia S.p.A., the Italian property & casualty (P&C) insurance entity of the Aviva Group, from Aviva Italia Holding S.p.A.

Daphne de Kluis appointed to Achmea's Executive Board

Dutch insurance group Achmea announced that Daphne de Kluis will be appointed to company's Executive Board with effect from 12 October 2021. Thus, the Executive Board of Achmea will comprise Bianca Tetteroo (chair), Michel Lamie (vice-chair and CFO), Daphne de Kluis, Robert Otto, Lidwien Suur and Henk Timmer (CRO).

Third capital increase for Euroins Romania, of over EUR 24 million

Euroins Romania's shareholders approved a new capital increase amounting to over EUR 24 million (RON 120 million), the third in recent months. The most recent audit showed that Euroins Romania exceeded all financial indicators set by law, with the SCR at 118.5% and the coverage of the MCR at 278.4%.

Lloyd's posted H1 profit of GBP 1.4 billion

Loyd's of London re/insurance marketplace posted H1 2021 GGWP of GBP 20.5 billion (vs. GBP 20.0 billion) "due to an increase in premium rates, high customer retention and new growth for the first time in four years".

Malicious attacks accounted for 80% of Continental European cyber claims in 2020

According to a report published today by the global insurance broker Marsh part of MMC, in collaboration with Microsoft, international law firm CMS, and Kivu, a global cyber security firm, malicious cyber events accounted for 80% of cyber claims made in Continental Europe last year, up from 70% in 2019.

MetLife names Michael ROBERTS as Chief Marketing Officer

MetLife announced that Michael ROBERTS will join the company as Executive Vice President and Chief Marketing Officer, effective Nov. 2, 2021, and subject to necessary approvals. He will report to President and Chief Executive Officer Michel KHALAF.