News - Re/Insurance groups


Munich Re is well-positioned to meet the growing reinsurance demand in Europe

After a few years of strong growth, the European reinsurance market should remain dynamic, with demand for property reinsurance protection continuing to grow, Munich Re said, stressing out that to accommodate growing demand, it constantly invests in its underwriting capabilities with experts and models.

Vienna Insurance Group (VIG) celebrates 30 years on the Vienna Stock Exchange

On 17 October 1994, Vienna Insurance Group (VIG), at that time trading as Wiener Städtische Versicherung, was listed on the Vienna Stock Exchange for the first time, a move that underpinned VIG’s growth to become the leading insurance group in the CEE region. Since the IPO, VIG has paid a dividend to its shareholders every year without exception.


Aon names Emma Crookes as global head of the insurance vertical

Global re/insurance broker Aon announced that Emma Crookes was named as global head of the insurance vertical. The insurance vertical delivers the full range of Aon’s capabilities to re/insurance clients with more relevant and impactful insight and solutions to meet their strategic goals and enable better business decisions.


UNIQA: fully withdrawing from the Russian market

The sale of the Moscow-based company Raiffeisen Life to the Russian insurance company Renaissance Life has been concluded. UNIQA owned 75% of Raiffeisen Life; the remaining 25% was held by Raiffeisenbank Russia, which belongs to Raiffeisen Bank International, the Group announced.


S&P affirms 'A' ratings on Sava Re, outlook stable

AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Slovenian reinsurer Pozavarovalnica Sava (Sava Re), SeeNews reports. The outlook of the ratings is stable.

Italian Generali prepares to exit the Turkish market in 2025

Generali has reached an agreement for the sale of its 99.99% stake in Generali Sigorta A.Ş. (Generali Sigorta Anonim Şirketi) to Kiler Holding A.Ş. (42% stake), Ekol Girişim Sermayesi Yatırım Ortaklığı A.Ş. (9% stake); Arex Yatırım Holding A.Ş. (48% stake) and Arex Sigorta A.Ş. (1% stake).




RVS 2024: Swiss Re expects demand for reinsurance to grow, not only in risk capacity terms, but also in risk management expertise

"The key topics for the (reinsurance) industry remain largely unchanged from last year, but the challenges have intensified, leading to higher demand,” said Urs Baertschi, Swiss Re's Chief Executive Officer Property & Casualty Reinsurance in Monte Carlo. He named NatCat risks, economic uncertainty and geopolitical instability among the main reasons for which direct insurers seek reinsurance protection.