The Talanx Group, in cooperation with Talanx subsidiary Hannover Re, has issued its debut catastrophe bond (“cat bond”), buying multi-year protection for earthquake risks in Chile. The bond has a size of USD 100 million, the Group said. The bond provides Talanx with protection for the period between January 2025 and December 2027.

Generali has reached an agreement for the sale of its 100% stake in Generali Life Assurance Philippines, Inc. to The Insular Life Assurance Company, Ltd., the company said.

MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), announced that it has appointed Kerry O’Brien as global head of Insurance Asset Management and Liability Solutions, the company said in its press-release.

Aon, a leading global professional services firm, named Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its Reinsurance Solutions business. O’Connell will be based in New York and report to Randy Stanco, U.S. strategic business leader for Reinsurance Solutions.

On 24 November Vienna hosted a series of business and cultural events organized on the occasion of the 200 years Anniversary of the parent company of Vienna Insurance Group, Wiener Städtische Versicherungsverein. What began from just offering fire insurance in Austria, has become an insurance group that is the CEE market leader.

“Certainly, the future” – the new PZU Group strategy for 2025-2027 is based on 4 pillars that will strengthen PZU’s position as a leader in large-scale risk management and a partner that provides certainty in times of threats, the Group’s press release says.

Zurich Insurance Group has successfully acquired AIG’s global personal travel insurance and assistance business, including Travel Guard, for USD 600 million, plus a potential earn-out payment. The transaction makes Zurich one of the largest travel insurers globally, serving more than 20 million customers and 200 distribution partners.

Aon, a leading global professional services firm, announced the signing of a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG) enhancing Aon’s risk and health capability offering in Japan, the company says in its press-release. The transaction is expected to be completed in early 2025.

Dutch insurer Achmea and Lifetri are merging their pension and life portfolios into Achmea Pensioen & Levensverzekeringen NV, creating a top three player with over 2.1 million customers, the insurer informed.

Vienna Insurance Group (VIG) reported for 3Q 2024 GWP worth EUR 11.5 billion (+8.0% y-o-y) and profit before taxes of EUR 666.5 million (+8.5% y-o-y), while the P&C net combined ratio remained the same as previous year at 94.3%. Management confirms profit forecast for 2024

Zurich Insurance Group (Zurich) presented a new three-year plan at its Investor Day, building on successful strategy execution, one year ahead of the conclusion of the current cycle 2023-2025, benefiting from the successful execution of its strategy and a better-than-anticipated market environment.

During the first 9M2024, Sava Insurance Group increased its business volume by 14.7% to EUR 814.7 million, with significant growth in all operating segments. Double-digit growth in GWP was achieved in both the non-life (EU 17.2%, non-EU 15.0%) and life business (EU 11.7%, non-EU 14.1%), while reinsurance premiums also increased by a solid 7.9%.

Poland's top insurer PZU reported a nearly 18% drop in its third-quarter profit due to a high number of claims for flood-related damages, though it still beat market expectations, REUTERS reported.

In 3Q 2024, the Triglav Group's earnings before tax stood at EUR 124.7 million vs. the EUR 10.1 million loss recorded the previous year mostly because of major CAT claims and the price regulation of supplemental health insurance. Net earnings amounted to EUR 106.8 million (9M 2023: EUR –9.6 million).

In line with the goals of the group’s new development strategy of focusing on its core CEE markets, Austrian UNIQA is announcing its withdrawal from Albania, Kosovo and North Macedonia, three markets that account together for just 1.5% of the UNIQA Group's GWP.

UNIQA Insurance Group reported positive results for 3Q 2024 financial year: GWP rose by 9.2% to around EUR 6.0 billion and earnings before taxes increased slightly by 1% to EUR 340 million despite by high claims costs after the storm Boris in September.

Generali continues to achieve strong growth in operating result driven by all business segments. The Group’s gross written premiums increased by 18.1% to EUR 70.7 billion, thanks to the strong performance of both Life and P&C segments, the recent press release says.

The Talanx Group has generated nine-month Group net income of EUR 1,592 (1,279) million, already exceeding the full prior-year figure, and is lifting its earnings forecast for financial year 2024 from more than EUR 1.7 billion to more than EUR 1.9 billion, the group said.

Swiss Re said it had a net income of USD 2.2 billion and a return on equity (ROE) of 13.4% for the first nine months of the year.

MetLife announced it is among the Fortune World’s Best Workplaces for 2024. MetLife is one of only 25 companies who earned a spot on the list, the press release says.