News - Re/Insurance groups
Allianz completes the sale of 23% of the shares in the two joint ventures with Bajaj
Allianz has announced the completion of the sale of 23% of the shares in the two joint ventures, Bajaj General Insurance Company and Bajaj Life Insurance Company, to the Bajaj Promotor Group (Bajaj) for a gross consideration of approximately EUR 2.1 billion (updated for current exchange rates).
Croatian Adris Grup plans a strong investment cycle worth more than EUR 480 million for 2026-2028 period
In December, the Supervisory Board of Adris Grupa considered and approved the company's business plan for the period from 2026 to 2028, which for a three-year period, among other things, includes capital investments in the amount of more than EUR 480 million, or an average of EUR 160 million per year, the company said on its website.
ERGO completes the acquisition of ADB Gjensidige reinforcing its market position as third-largest insurance company in the Baltics
ERGO International AG, managing ERGO Group’s international business portfolio, announced the closing of the acquisition of ADB Gjensidige, the former Lithuanian subsidiary of Norwegian non-life insurer Gjensidige Forsikring ASA, including its branches in Estonia and Latvia.
Xavier Pazmino appointed as Executive Vice President, Head of Marine, Chubb Overseas General Insurance
In December, Chubb announced that Xavier Pazmino was appointed Executive Vice President, Head of Marine, for Chubb Overseas General Insurance (COG), the company's international general insurance operations, effective February 2026.
Scott Leney appointed as Regional President, AIG Asia Pacific
In December, American International Group (AIG) announced that Scott Leney was appointed Regional President, AIG Asia Pacific. Mr. Leney will lead AIG’s businesses in Australia, New Zealand, Singapore, Indonesia, Malaysia, Thailand, South Korea, Hong Kong, Taiwan, Vietnam, and the Philippines.
The Chairman & CEO of AIG Peter Zaffino to transition to Executive Chair of AIG and retire as CEO and Eric Andersen to join as President and CEO-elect
The Chairman & CEO of AIG Peter Zaffino has informed the AIG Board of Directors that he intends to transition to Executive Chair of AIG and retire as CEO by mid-year after successfully leading the company’s transformation and strategic repositioning as a leading global property and casualty insurer.
Mike Mathews appointed as Digital Infrastructure Leader at Marsh McLennan
In December, Marsh McLennan, a global leader in risk, strategy, and people, announced the appointment of Mike Mathews as Global Digital Infrastructure Leader.
John DePeters appointed as Executive Vice President, Head of Commercial Insurance and Specialty, Chubb Overseas General Insurance
In December Chubb announced that John DePeters was appointed Executive Vice President, Head of Commercial Insurance and Specialty, for Chubb Overseas General Insurance (COG), the company’s international general insurance operations, effective January 1, 2026.
Ivica Vulić appointed as Management Board member - Employee Representative of Zavarovalnica Triglav
Ivica Vulić has been appointed by the Supervisory Board as Management Board member - Employee Representative of Zavarovalnica Triglav d.d. upon the proposal of the Works Council.
Bogdan Benczak’s appointment as CEO of PZU SA approved by the Polish Financial Supervision Authority
On December 22, 2025, the Polish Financial Supervision Authority unanimously approved the appointment of Bogdan Benczak as CEO of PZU SA, the company announced on its website.
Allianz appointed Dirk Vogler as Board Member at Allianz Partners to Oversee Solvd and Allianz Partners’ Mobility Business
In December, Allianz announced that Dirk Vogler joins Allianz Partners as Board Member overseeing the new Mobility line of business and becomes CEO of Solvd. Previous Solvd CEO Anne-Sophie Grouchka decided to step down from her role.
AIG appointed Adam Clifford as Chief Executive Officer, International Commercial Insurance
In December, American International Group (AIG) announced that Adam Clifford was appointed Chief Executive Officer, International Commercial Insurance, effective January 5, 2026.
Triglav Group recognized by the international jury of the Best Employer Brand Awards Adria 2025
The efforts of the Triglav Group to develop a unified employer brand were recognised by the international jury of the Best Employer Brand Awards Adria 2025.
UNIQA is celebrating 35 years on the Stock Exchange
This month UNIQA is celebrating a significant milestone: since December 10, 1990 – exactly 35 years ago – the Group has been listed on the Vienna Stock Exchange through its predecessor company (Bundesländer-Versicherung), UNIQA said on its website.
Sava Insurance Group sets ambitious financial targets and development priorities for the coming year
The year 2025 has so far been very successful for the Sava Insurance Group, marked in particular by favourable claims experience, the Group said in its recent press release titled “Business plan for 2026: Sava Insurance Group targets EUR 120 million pre-tax profit”.
AM Best affirms credit ratings of Generali and its main subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Assicurazioni Generali S.p.A. (Generali) (Italy) and its main rated subsidiaries. The outlook of these ratings is stable.
Allianz partners with Oaktree to launch a new reinsurance syndicate at Lloyd’s
Allianz announced a strategic partnership with Oaktree Capital Management, L.P. (Oaktree). Oaktree will establish a new reinsurance syndicate at Lloyd’s, Syndicate 1890, which will begin underwriting from January 1, 2026, and will participate as a multi-year partner on Allianz’s outwards reinsurance program.
Aegon announces ambition to become a leading US life insurance and retirement group
The Dutch insurer Aegon announced its ambition to become a leading US life insurance and retirement group and move its head office and legal seat to the US, the company said in its press release.
Aaron Shead appointed to Executive Vice President, Head of Property, for Chubb Overseas General Insurance
Aaron Shead has been appointed to Executive Vice President, Head of Property, for Chubb Overseas General Insurance (COG), the company's international general insurance operations, effective immediately, as Chubb announced.
Richard Norman appointed as Senior Broker in Aon’s Global ReSpecialty Property Team
Richard (Dickie) Norman has been named as Senior Broker within Aon’s Reinsurance Solutions Global ReSpecialty Property Team, effective January 1, 2026.
12 January 2026