Italian Generali Group ended 2022 with GWP worth EUR 81.5 billion (+1.5%) and a record operating result of EUR 6.5 million (+11.2%), mainly driven by Life, together with P&C growth. The Combined Ratio was 93.2% (+2.4 p.p.), while the net result grew to EUR 2,912 million (+2.3%).

With a premium volume of EUR 12.6 billion, Vienna Insurance Group (VIG) has exceeded the previous year's figure of EUR 11 billion by 14.1%. Profit before taxes amounts to EUR 562 million, which is 10% up y-o-y. Profit after taxes reaches EUR 466 million (+24 y-o-y). The combined ratio of 94.9% is within the target range.

In recognition of the Generali Group CEO's commitment to sustainability, the Foreign Policy Association has presented Generali Group CEO Philippe Donnet with the Corporate Social Responsibility Award at their 2023 Financial Services Dinner.

Swiss Re has successfully closed a multi-year stop-loss transaction with funding led by J.P. Morgan. The deal provides Swiss Re with USD 700 million in underwriting protection, supporting the Group's pursuit of profitable growth.

French insurance group AXA S.A. announced the successful sale of 100,000,000 shares in Banca Monte dei Paschi di Siena S.p.A., representing ca.7.94% of the Italian Bank's share capital, at a price of EUR 2.33 per share (i.e. a total amount of 233 million euros) in an accelerated book built offering reserved to institutional investors.

Bulgarian financial and energy holding Eurohold reported YE 2022 a nearly 77% growth in revenues compared to the previous year to over BGN 6.3 billion (EUR 3.2 billion) and a roughly 52% increase in EBITDA to approx. BGN 286 million (EUR 146 million), according to the holding's annual consolidated report. Net profit grew by 8.8% on the year to BGN 68.3 million (EUR 34.9 million).

Slovenian Sava Insurance Group informed that it generated a net profit of EUR 68.2 million in 2022, exceeding the annual target by 13.7%, according to the Unaudited financial statements of the Sava Insurance Group for 2022. Compared with 2021 when the same indicator totaled EUR 76.16 million, the net profit declined by over 10%.

French reinsurer SCOR posted gross written premiums of EUR 19.73 billion in 2022, up by 4.9% compared with 2021, while in terms of profitability, it reported a net loss of EUR -301 million, compared with EUR 456 million net income in 2021.

According to unaudited data, the Triglav Group generated a profit before tax of EUR 134.5 million in 2022, up by 1% over the previous year and above the planned.

On 1 March 2023 the international ratings agency Standard & Poor's (S&P) upgraded the outlook for UNIQA Insurance Group AG, UNIQA Osterreich Versicherungen AG and UNIQA Re AG from "negative" to "stable". S&P also reconfirmed the "A" rating for UNIQA Osterreich Versicherungen AG and UNIQA Re AG, and the "A-" rating for UNIQA Insurance Group AG.

French reinsurer SCOR announced that Alexandre Garcia, previously Head of PR and Corporate Communications, is appointed Group Head of Communications and Public Affairs.

The Chairman of the Supervisory Board of Vienna Insurance Group (VIG), Gunter Geyer, received the "Medal for Merit", I Class, from the President of the Czech Republic, Milos Zeman, on 2 March 2023. The ceremony at Prague Castle was also attended by the Austrian Federal President Alexander Van der Bellen.

American International Group (AIG) informed that its Board of Directors has elected Diana Murphy and Vanessa Wittman as independent Directors of the company, effective March 16, 2023.

The Austrian insurer Vienna Insurance Group informed that according to FY2022 preliminary figures it expects net results in a range of EUR 460-470 million, significantly above expectations. The result before taxes amounts to about EUR 560 million.

Croatian conglomerate ADRIS Grupa with business in tourism, food production and insurance (the owner of Croatia osiguranje Group - one of the largest insurers in Adriatic region), informed it recorded total revenues amounting to HRK 6.5 billion (EUR 862 million), 14% higher compared to the previous year.

Austrian insurer UNIQA Insurance Group announced in the financial year 2022 it generated earnings before taxes of EUR 421.7 million, 10.3% more y-o-y, while the value of premiums written rose by 3.9% to EUR 6.60 billion.

French insurance group AXA has reported a 2% increase in FY 2022 gross revenues to EUR 102.34 billion, while the group's overall net income decreased by 8% over 2022 to EUR 6.68 billion.

The largest Czech insurer Generali Ceska pojistovna informed that on March 1, 2023, Marian Zelko, currently Customer Development and Marketing Department, will become a new BoD member and Sales Director for the Czech Republic.

Austrian insurance group UNIQA informed it expects to report significantly improved consolidated earnings before taxes for the financial year 2022 in the range of EUR 420 million to EUR 425 million, better than expected, as compared with EUR 382.3 million a year before.

Global reinsurer Swiss Re reported a net income of USD 472 million for 2022, with a net income of USD 757 million in the fourth quarter. For 2023, the reinsurer said it targets a net income of more than USD 3 billion, "supported by successful P&C Re renewals, an expected decline in COVID-19 claims, higher interest rates and cost discipline".