Jean-Jacques Henchoz, Member of the Board of Management of Talanx AG with responsibility for the Reinsurance division, will not extend his expiring contract at his own request and will leave the Board of Management of Talanx AG on 31 March 2025, the Group said.

Marsh McLennan (MMC), a global leader in risk, strategy and people, announced that it completed the acquisition of McGriff Insurance Services, LLC. McGriff’s more than 3,500 colleagues will join Marsh McLennan Agency, the company said it its statement.

American International Group (AIG), a leading global insurance organization, announced on November 12 that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately, and will continue to serve on AIG’s Executive Leadership Team.

Marsh McLennan appointed Jasminka Horvat Martinović, former director of the Croatian Association of Managers CROMA, as President of the Management Board of Marsh McLennan Croatia. She replaces Iva Rogović Lekić who left the company for GrECo Specialty, in Vienna.

French group SCOR reported Q3 2024 net income of EUR -117 million, a figure adjusted by excluding the mark to market impact of the option on own shares. The result was driven by a negative insurance service result (ISR) in L&H reinsurance, partially offset by very strong P&C and Investments performances.

NFP, an Aon company and a leading international insurance brokerage and consulting firm, announced its acquisition of HC Financial, a financial planning and corporate employee benefits advisory business based in Galway, Ireland, Aon said in its press-release.

Generali was included once again by Forbes in the World’s Top Companies for Women list for its dedication to advancing women in the workplace, the company said.

Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (MMC), announced the appointment of Alistair Fraser to the newly-created role of International Corporate & Commercial Leader, who, effective 1 January 2025, will report to Flavio Piccolomini, CEO, Marsh McLennan International, the company said.

Iva Rogović Lekić, former President of the Management Board of the Marsh brokerage house in Croatia, will take over the position of President of the Management Board in the competing company GrECo specialty with headquarters in Vienna, osiguranje.hr wrote.

Lloyd’s, the world’s leading marketplace for insurance and reinsurance, announced the appointment of Nathan Adams as its Chief People Officer, who will join Lloyd’s early next year, and will become a member of Lloyd’s Executive Committee, the press-release said. Nathan will replace Sara Gomez, who will be retiring from Lloyd’s at the end of the year.

American International Group (AIG) announced that Courtney Leimkuhler, co-founder and Managing Partner of the venture fund, Springbank, has been elected to its Board of Directors as an independent Director, effective November 5, 2024, according to the press-release.

Hannover Re Chief Executive Officer Jean-Jacques Henchoz will leave the Executive Board of Hannover Re on 31 March 2025 as he not extending his expiring contract at his own request.

Swiss Re announced the strengthening of its P&C Re reserves in Q3, following a comprehensive review. The Group added USD 2.4 billion to P&C Re's prior year US liability reserves in the third quarter of 2024, bringing the total reserve additions to USD 3.1 billion for the first nine months of the year.

Munich Re generated a net result of EUR 930 million in Q3 2024. The y-o-y decline in the quarterly result is attributable to above-average major losses from natural catastrophes. In the first three quarters, the net result amounted to EUR 4,692 million.

Zurich Insurance Group (Zurich) delivered a robust performance in 9M 2024, with all businesses contributing positively. The P&C business continues to show strength while Life and Farmers build on their positive momentum.

WTW, a leading global advisory, broking and solutions company, announced financial results for the third quarter ended September 30, 2024 – the revenue was USD 2.29 billion, an increase of 6% as compared to USD 2.17 billion for the same period in the prior year, the company’s press release said.

MetLife reported 3Q2024 premiums, fees and other revenues of USD 12.5 billion, down 5% y-o-y. Adjusted premiums, fees and other revenues were also USD 12.5 billion, down 5% on a reported basis and down 4% on a constant currency basis from the prior-year period, according to the company’s press release.

Chubb reported net income for the quarter ended September 30, 2024 of USD 2.32 billion, or USD 5.70 per share, and core operating income of USD 2.33 billion, or USD 5.72 per share. Up 15.2% and 15.6%, respectively, with P&C underwriting and net investment income both up double-digit; global P&C and Life insurance net premiums written up 8.5% and 10.6%, in Constant Dollars, according to the press release.

In the first nine months of 2024, Adris grupa achieved total consolidated revenue in the amount of EUR 842 million, which is 9% more y-o-y. Revenue from the sale of goods and services amounted to EUR 794 million (+9%).

Swiss Re agrees to sell iptiQ's European P&C business to Allianz Direct, in line with its strategic decision to withdraw from iptiQ. Allianz Direct, the pan-European online insurer of Allianz Group, will take over the risk carrier based in Luxembourg.