Swiss Re announced that Kera McDonald, currently Chief Underwriting Officer of Swiss Re Corporate Solutions, is appointed Group Chief Underwriting Officer as of 1 June 2025, subject to regulatory approval.

On 27 February 2025, the PZU SA Supervisory Board adopted a resolution on appointing Andrzej Klesyk to the company's management board, entrusting him with the function of the President of the PZU SA Management Board, subject to approval of the Polish Financial Supervision Authority.

Swiss Re’s commercial insurance arm announced today that Katie McGrath is appointed Chief Underwriting Officer. It also unveiled a new organisational structure to serve corporates and brokers more closely at country level with the introduction of Market Units.

Zurich Insurance Group (Zurich) delivered record results, driven by strong momentum in all areas of the business, with P&C and Life achieving their highest-ever business operating profits and the Farmers Exchanges lowering their combined ratio by 12 percentage points in just one year.

NN Group, an international financial services company, continued strong business performance in 2024. Full-year operating result increased to EUR 2.6 billion; the net result increased to EUR 1.6 billion from EUR 1.2 billion in 2023.

The Dutch insurer Aegon reported second half year 2024 results. Net profit was EUR 741 million. Operating result was EUR 776 million, up 14% compared with the second half of 2023, the company said in its press release.

Aon, a leading global professional services firm, announced that Jennifer Richards has been selected as CEO of Asia Pacific, effective 1 March.

American International Group (AIG) announced that Juan Perez, Executive Vice President and Chief Information Officer (CIO) of Salesforce, has been elected to its Board of Directors as an independent Director, effective immediately.

VIG Re appoints Hong-Wha Ling to the newly created role of Chief People Officer, underscoring its commitment to talent development and strategic growth. The creation of the Chief People Officer role reflects the evolving nature of People Management within VIG Re.

American International Group (AIG) announced financial results for the fourth quarter and full year ended December 31, 2024. General Insurance net premiums written (NPW) amounted to USD 6.1 billion, which means an increase of 6% y-o-y on a reported basis, or 7% on a comparable basis, according to the Group’s report.

Aviva, one of the UK’s leading Insurance, Wealth and Retirement businesses, with major businesses in Canada and Ireland, announced the appointment of Craig Fazzini-Jones as Group Chief Operating Officer, from 1 March. Craig will become a member of Aviva’s Group Executive Committee.

Aon, a leading global professional services firm, announced the launch of a new parametric insurance solution designed to address and mitigate losses from hurricane-related storm surge along the coast of the U.S. The new product was developed in collaboration with parametric flood expert Floodbase, and leading global commercial insurer, Swiss Re Corporate Solutions.

WTW, a leading global advisory, broking and solutions company, announced financial results for the fourth quarter ended December 31, 2024. Revenue increased 4% over prior year to USD 3.0 billion for the quarter and increased 5% to USD 9.9 billion for the year.

The Talanx Group continued its positive business trend of the first nine months at the end of the year and is expecting Group net income of EUR 1,977 (1,581) million for financial year 2024, based on consolidated unaudited figures, the Group said in its recent press release.

The international rating agency S&P Global Ratings today upgraded the credit ratings of the Talanx Primary Insurance Group and its core primary insurance subsidiaries from “A+” (Strong) to “AA-” (Very Strong) with stable outlook due to increasing earnings diversification as well as sustainably improved resilience, the Group said in its press release.

MetLife, one of the world’s leading financial services companies, reported fourth quarter 2024 premiums, fees and other revenues of USD 14.5 billion, up 6% compared to the fourth quarter of 2023. Adjusted premiums, fees and other revenues were USD 14.4 billion, up 6% on a reported basis and up 7% on a constant currency basis from the prior-year period.

According to the Global Insurance Market Index released by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 – and marking the second consecutive quarterly decrease following seven years of rising rates.

SCOR announced January 2025 P&C Reinsurance Renewals results, according to which demand for reinsurance coverage remains elevated. Following an increase in capital supply, the market conditions have become slightly more competitive compared to the peak level of the cycle observed last year.

Hannover Re, one of the world’s leading reinsurers, announced that it increased the premium income in traditional property and casualty reinsurance by 7.6% in the treaty renewals as at 1 January 2025. The good quality of the renewed business was maintained, while an average inflation- and risk-adjusted price decline of 2.1% was recorded.

Chubb, a world leader in insurance, announced the appointment of Seth Gillston as Executive Vice President, Head of Global Casualty for Major Accounts in North America, the company said in its recent press release. Seth succeeds Lou Capparelli, who will now serve as Chairman of Global Casualty.