News - Re/Insurance groups

Vienna Insurance Group with top rating “A+” and Stable Outlook

The international rating agency Standard & Poor's (S&P) has given the Vienna Insurance Group (VIG) an excellent rating of "A+" and a Stable Outlook. The "A+" rating with a stable outlook of the group's own reinsurance company VIG Re, based in Prague, was also confirmed.

"UNIQA Sustainable Business Solutions" with ESG consulting, active from 1 July

Staying true to its “living better together motto, Austrian UNIQA Group is taking a further step beyond the traditional insurance business by establishing a new subsidiary, UNIQA Sustainable Business Solutions, that will support corporate customers in risk issues, transformation and ESG topics.

Triglav: S&P affirms high "A" credit ratings with a stable medium-term outlook

S&P Global Ratings affirmed the "A" financial strength and issuer credit ratings with a stable medium-term outlook of the Triglav Group and thereby of its parent company Zavarovalnica Triglav and the Group member Pozavarovalnica Triglav Re. All individual elements of this year's rating are at the same level as last year and the rating is based solely on an assessment of the Group's standalone credit profile.

POLAND: Generali CEE Holding completes acquisition of 4Life Direct

Following the necessary regulatory and competition approvals, Generali CEE Holding BV, the parent company of Generali subsidiaries in the CEE, announced it has completed the acquisition of 4LifeDirect sp. z o. o., an innovative life insurance distribution company in Poland.

Aon: Favorable renewal in a dynamic reinsurance market at mid-year

Global re/insurance broker Aon announced that the forthcoming launch of its Reinsurance Market Dynamics July 2024 report, which will provide a comprehensive analysis of the marketplace at the June/July 2024 reinsurance renewals - reveals that insurers generally achieved positive mid-year renewal outcomes, which included rate reductions for property catastrophe risk and improvements in terms and coverage.

CO projected H1 2024 net profit is slightly below EUR 30 million

At the General Assembly of the Adris Group, as a part of the presentation of Adris Group companies, Management Board of CROATIA osiguranje d.d. informed about business performance in the past year as well as trends in the first six months of the current year.

Argenta appoints new group chief risk officer

Argenta Holdings Limited, today announces the appointment of Niranjan Nathan as group chief risk officer (subject to regulatory approvals), assuming the role from Carol-Ann Burton, who will continue as group general counsel and compliance director.