News - Re/Insurance groups

Sava Insurance Group prepared its annual plan for 2021

Based on its 2020-2022 strategy, the Group plans to generate more than EUR 685 million in operating revenue and to close 2021 with a net profit above EUR 53 million, which translates into a planned return on equity of at least 11.5%.

Benoit Ribadeau-Dumas succeeds Denis Kessler as SCOR's CEO

On the committee's recommendation, SCOR's Board of Directors has decided to separate the roles of Chairman and Chief Executive Officer. The separation will come into full effect following the General Meeting in the spring of 2022.

AGCS announced global leadership appointments

ALLIANZ Global Corporate & Specialty (AGCS) - the corporate insurance carrier of ALLIANZ Group announced leadership changes to Global Distribution, Mediterranean & Africa Region and the Group's French national insurer.

ZURICH and FARMERS Exchanges to buy MetLife P&C business in U.S.

ZURICH subsidiary FARMERS Group, Inc. (FGI) and FARMERS Exchanges agree to acquire MetLife's U.S. property and casualty business for USD 3.94 billion. ZURICH will contribute USD 2.43 billion through FGI and the FARMERS Exchanges USD 1.51 billion.

UNIQA to increase Green investments to at least EUR 1 billion over the next 5 years

Austrian insurer UNIQA announced the ESG (environmental, social and corporate governance) becomes a core element of its new strategy. Thus, as part of its new corporate strategy "UNIQA 3.0 - Seeding the Future", UNIQA informed is doubling down on its efforts to reach new goals in climate protection and sustainability.

VIG recognized by Forbes, Financial Times and Best Recruiters for its HR management

At the end of 2020, Vienna Insurance Group (VIG) has received three confirmations for its positive relationship with its employees: the group was included in Forbes' World's Best Employers list, it was named Diversity Leader awarded by the Financial Times and it also received the Best Recruiters' gold medal in the insurance sector for the fourth year in a row.

CHUBB names John KEOGH President

CHUBB announced that John KEOGH, Executive Vice Chairman of CHUBB Group and Chief Operating Officer, has been appointed President and Chief Operating Officer, effective immediately. He will continue to report to Evan G. GREENBERG, Chairman and CEO, and his current broad companywide responsibilities remain unchanged.

Pietro Toffanello appointed Head of Guy Carpenter Japan

Guy Carpenter & Company announced the appointment of Pietro Toffanello as Head of Japan in Q1 2021. In this role, Toffanello will be responsible for managing Guy Carpenter's business activities across Japan.