News - Re/Insurance groups
Ewout Steenbergen appointed as Chair of AXA’s Audit Committee
The Board of Directors of AXA has appointed Ewout Steenbergen as Chair of its Audit Committee, succeeding Isabel Hudson who will step down from the AXA Board of Directors on December 31, 2025, the company said in its press release.
Swiss Re increases its net income target for 2026 to USD 4.5 billion
Swiss Re announced its targets for 2026, including a Group net income of USD 4.5 billion, supported by an updated strategy. The Group aims to complement the ordinary dividend with a sustainable annual share buyback programme, starting in 2026 at USD 500 million, the Group said in its press release.
Eurohold Bulgaria increases its revenues and profitability in 9M2025
One of the leading energy and financial groups in Southeast Europe - Eurohold Bulgaria AD, increased its revenues for the first nine months of 2025 by 12.2% to BGN 2.31 billion (EUR 1.18 billion) as well as its net financial result nearly three times to BGN 94.6 million (EUR 48.37 million).
VIG partners with IFC to strengthens its position in Ukraine, preparing to take an active role in the renewal process of the country
The International Finance Corporation (IFC), a member of the World Bank Group, will acquire a stake in the Ukrainian non-life insurance companies of Vienna Insurance Group (VIG) through a capital increase. With the support of the IFC, their product portfolios are to be expanded and their digitalization strategies accelerated. Building on its existing partnerships with AON and Lloyd’s, VIG also intends to play an active role in the reconstruction of Ukraine after the end of the war.
Swiss Re and RIQ partner to advance risk transfer powered by data and AI
Swiss Re and RIQ have signed a Memorandum of Understanding (MoU) to develop and scale innovative capacity solutions, risk origination opportunities and AI-enabled capabilities across the UAE.
Munich Re unveils Ambition 2030 Strategy, reinforcing strength in reinsurance and outlook for sustained profit growth
Munich Re announced its new Ambition 2030 multi - year strategic plan, building on the strong performance of its predecessor program and setting out an expanded role for its reinsurance operations through the end of the decade.
Swiss Re appoints Nicole Pieterse as Chief People Officer
Swiss Re announced that Nicole Pieterse, currently Swiss Re's Head Human Resources for Property & Casualty Reinsurance (P&C Re), will become Chief People Officer effective 1 January 2026. She will be taking over from Cathy Desquesses, who will step down for personal reasons.
VIG’s new 3 years strategy sets ambitious targets for next three years; Growth, higher profit and increasing dividends are the focus points
Vienna Insurance Group (VIG) shared its plans for the next three years under the strategic Group program, evolve28.Five quantitative targets were set to guide the next three years, focusing on strengthening the Group’s market leadership in Central and Eastern Europe, boosting premiums and profit, and advancing the local strategies of its 50 companies.
VIG is expecting an exceptional year-end result in 2025 after an outstanding performance in the first three quarters
Based on the Q1–Q3 result, VIG Management has increased the expected range for the Group’s result before taxes 2025 to EUR 1.10–1.15 billion, the Group said in its press release.
UNIQA sets more ambitious financial targets for 2026 to 2028
One year after launching the “UNIQA 3.0 – Growing Impact 2025 - 2028” strategic programme, the Management Board of UNIQA gave a positive interim assessment at a capital market update in Vienna and London and set more ambitious financial targets.
S&P upgrades ratings of three core entities of the UNIQA Group to A+
S&P Global Ratings has upgraded the ratings of three core entities of the UNIQA Group: UNIQA Österreich Versicherungen AG, the reinsurance company UNIQA Re AG (Zurich), and UNIQA Poland (UNIQA Towarzystwo Ubezpieczen S.A.) are now rated “A+”, the company announced.
AXA completes the acquisition of a majority stake in Prima in Italy
AXA has completed the acquisition of a majority stake in Prima, the leader in the direct distribution channel in Italy.
Achmea: Michiel Delfos to step down as a member of the Executive Board in 2026
After twelve years with the company, including four years as a member of the Executive Board, Chief Risk Officer Michiel Delfos has decided to step down as a member of Achmea’s Executive Board in 2026, according to the company’s press release.
PZU Group 9M2025: Insurance business generated nearly 70% of net profit
After three quarters of this year, the PZU Group increased its gross insurance revenue to PLN 23.1 billion. During the reporting period, it generated a net profit attributable to shareholders of the parent company of over PLN 5.2 billion (+42.7% y-o-y). The adjusted return on equity (aROE) at the end of September was 22.1%, the company announced.
Triglav Group improves profitability across all regional markets and delivers very strong business results in 9M2025
Triglav Group recorded strong performance in 9M2025, its total business volume increased by 36% year-on-year, reaching EUR 1,769.8 million, primarily driven by growth in gross written premium on international insurance and reinsurance markets, the Group said.
Successful completion of the integration of the former Liberty Seguros further strengthens Generali’s position as a leading European insurer
Generali has completed the legal integration of the former Liberty Seguros, acquired in January 2024. According to the press release, the transaction, largest for the Group in a decade, further strengthens Generali’s position as a leading European insurer.
Sava Insurance Group’s net profit rises 36.1% y-o-y meeting the Group’s full-year 2025 profit target after 9 months
After 9 months of 2025 the business volume of the Sava Insurance Group grew by 8.0% to EUR 879.6 million, with all operating segments contributing to this growth, led by higher gross written premiums in non-life insurance and reinsurance, the Group said.
Allianz recognized as one of the World’s Best Workplaces holding the 17th position
Allianz, the leading insurer and asset manager, has once again been recognized as one of the World’s Best Workplaces by Great Place to Work – holding the 17th position for the second year in a row.
Hannover Re generates a very good Group profit in the first nine months
Hannover Re generated a very good Group profit in the first nine months and is revising its full-year guidance. Among other things, the company is raising its projected Group net income to around EUR 2.6 billion. Group net income for the 2026 financial year is expected to reach at least EUR 2.7 billion, the Group announced.
Aviva 3Q results: the Group continues to make excellent progress and now expects to achieve its financial targets in 2025
After nine months of 2025 General Insurance (GI) premiums of Aviva were up 12%3 to GBP 10.0 billion (9M24: GBP 9.1 billion), the company said in its report.
17 December 2025