News - Re/Insurance groups
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.
Aegon continues to make good progress in transforming its businesses during the 3Q2025
The Dutch insurer Aegon reported EUR 340 million operating capital generation (OCG) before holding funding and operating expenses for third quarter 2025. Capital ratios of Aegon’s main units remain strong, above their respective operating levels, according to the company’s press release.
Allianz’s 9M2025 results were excellent, delivering a record operating profit
In 3Q2025, Allianz delivered a strong performance, characterized by excellent operating profit delivery across its three segments. Allianz’s total business volume amounted to EUR 42.8 billion (3Q2024: EUR 42.8 billion), the company said in its report.
Achmea sets ambitious goals for 2030
Since 2021, both Achmea’s operational result and Operational Free Capital Generation (OFCG) have increased significantly, while its solvency remains consistently strong. This has provided the company with a solid foundation, and it is well on track to accomplish its goals for 2025, Achmea said in its recent press release.
Chubb: Bill Hazelton appointed as Chief Operating Officer, North America Field Operations
Bill Hazelton has been appointed to Chief Operating Officer for North America Field Operations, effective December 1, 2025, Chubb announced.
Chris Lay to retire from Marsh in 1Q2026 after over 40 years of service
James Addington-Smith has been appointed as CEO of Marsh UK. Subject to regulatory approval, Mr. Addington-Smith will take up his new role early in 2026, Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan announced.
Vienna Insurance Group raises the bar to over EUR 1 billion for full year 2025
Based on the outstanding Q1-Q3 Group result before taxes of about EUR 873 million (more than plus 30% compared to the previous period), Vienna Insurance Group expects the full-year Group result before taxes to exceed the previously communicated range of EUR 950 million to EUR 1 billion.
4 December 2025