News - Re/Insurance groups
PZU Group takes another step towards acquisition of MetLife Ukraine
The PZU Group has received approval from the Antimonopoly Committee of Ukraine to acquire 100% of MetLife Ukraine, the leader in the Ukrainian life insurance market.
Munich Re reports preliminary quarterly net profit of EUR 1.7 billion and raises its 2026 guidance to EUR 6.6 billion
Munich Re recorded a preliminary net profit of approximately EUR 1.7 billion in the third quarter of 2026, delivering another quarter of strong financial performance and exceeding the analysts' consensus estimate of EUR 1.479 billion.
E+S Rück expects market environment to remain stable overall, with growing capacities and increasing competition
E+S Rückversicherung AG, the Hannover Re subsidiary responsible for the German property and casualty reinsurance business, anticipates further strong demand in the upcoming rounds of renewals. The underlying risks continue to increase despite moderate catastrophe loss expenditure in recent years. At the same time, competition is intensifying in certain market segments.
Chubb reports a really strong quarter with strong contributions from all of its businesses
Chubb Limited has reported net income for the quarter ended September 30, 2026 of USD 2.84 billion, and core operating income of USD 2.98 billion.
AM Best reaffirms Triglav’s ratings
AM Best has reaffirmed the Financial Strength Rating of “A” (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Zavarovalnica Triglav and Pozavarovalnica Triglav Re.
AM Best affirms Credit Ratings of Sava Re
On October 22, 2026, AM Best affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Pozavarovalnica Sava d.d. (Sava Re) (Slovenia), the operating holding company of the Sava Insurance Group. The outlook of these Credit Ratings (ratings) is stable.
Munich Re: Thomas Blunck takes over P&C Reinsurance Europe & Latin America as Clarisse Kopff steps down
Munich Re has announced that Thomas Blunck (61) will assume responsibility for P&C Reinsurance Europe & Latin America, effective November 1, 2026, while retaining his position as CEO of Reinsurance.
GENERALI: Gregor Pilgram to lead Austria & CEE region under new Group structure
Generali Group has announced a reorganization of its insurance operations, effective January 1, 2027, which will see Austria and Central and Eastern Europe brought together under the leadership of Gregor Pilgram. He will also become CEO of Generali CEE Holding and join the Group Management Committee.
Generali makes a significant step forward in the Group’s reinsurance strategy with the launch of Syndicate 2031 Red Bridge
Generali has debuted at Lloyd’s with the launch of Syndicate 2031 Red Bridge, receiving in-principle approval to begin its underwriting operations on the Lloyd’s platform in 2027, Generali said on its website.
Allianz SE, National Bank of Greece and Allianz Greece sign a share purchase and an exclusive bancassurance agreements
Allianz SE and National Bank of Greece (NBG) have signed a Share Purchase Agreement under which NBG will acquire a 30% minority equity stake in Allianz European Reliance (Allianz Greece), following the Memorandum of Understanding announced on May 7, 2026.
Generali and the World Bank Group sign a Memorandum of Understanding to advance emerging markets investment solutions and relevant insurance offerings
Generali and the World Bank Group (WBG) have signed a Memorandum of Understanding during the Annual Meetings of the WBG and the International Monetary Fund in Bangkok, built on a shared commitment to mobilise private capital, strengthen resilience and expand targeted insurance and investment solutions across emerging markets.
Aegon’s redomiciliation to the US expected to become effective in January 2028
Aegon has implemented important steps towards its future as an American-based company after its shareholders approved the company’s redomiciliation to the US at Aegon’s Extraordinary General Meeting of October 8, 2026.
Chubb announces leadership appointments within its Global Claims organization
Chubb has announced that Lisa Wilson has been named Head of North America Claims, overseeing all aspects of North America Commercial and Personal Lines claims and services, effective immediately. She will lead claim handling, technical execution and further embed digital capabilities into claims processes.
Aon announces appointment of Leonora Siccardi as Global Chief Execution Officer, Risk Capital and Human Capital, effective immediately
Aon, a leading global professional services firm, has announced that Leonora Siccardi has been appointed Global Chief Execution Officer, Risk Capital and Human Capital, effective immediately.
VIG: Raised outlook for full year 2026
Based on the positive business performance exceeding expectations to date and an initial assessment of the NÜRNBERGER Group’s contribution to profits in the 2026 financial year, Vienna Insurance Group (VIG) anticipates that the Group’s result before taxes will exceed the previously communicated range.
VIG: The Ukrainian USG participates in the war risk insurance facility established by Aon and the EBRD
The Ukrainian property and casualty insurer USG is joining the "Ukraine Recovery and Reconstruction Guarantee Facility" (URGF) established by Aon and the European Bank for Reconstruction and Development (EBRD). The facility provides additional reinsurance capacity for war-related risks and supports the continued availability of insurance coverage for Ukrainian companies.
Marko Jazbec reappointed as CEO by Sava Re supervisory board
The Sava Re supervisory board reappointed Marko Jazbec as the chairman of the management board for a further term, the Group said on its website.
Zurich completes its acquisition of Beazley to create world's largest specialty insurance business
Zurich Insurance Group (Zurich) has announced the completion of its acquisition of Beazley Plc (Beazley), bringing together two highly complementary businesses to create the world's largest specialty insurance business, headquartered in London.
Turab Hussain appointed as Executive Vice President and Chief Risk Officer of AIG
American International Group (AIG) has announced the appointment of Turab Hussain as Executive Vice President and Chief Risk Officer of AIG, effective October 12, 2026.
Allianz announced new CEO appointments at Allianz Partners and Allianz Direct
Allianz Group has announced new Chief Executive Officer (CEO) appointments at Allianz Partners and Allianz Direct, ensuring continuity and growth momentum following Tomas Kunzmann’s appointment to the Allianz SE Board of Management.
26 October 2026