VIG Re announced the confirmation of Viktor FAUCRET as Managing Director of VIG Re France and Head of the Treaty Non-Life to lead the company’s Western European business unit. The appointment underscores VIG Re's commitment to strengthening its senior management team and deepen its presence in key markets.
Swiss Re's Board of Directors nominates Morten Hübbe and George Quinn for election as new, non-executive and independent members of the Board for a one-year term.
According to the preliminary results, Vienna Insurance Group (VIG) ended 2024 with a premium volume of EUR 15.2 billion, exceeding the previous year’s figure by 10%, while profit before taxes increased to EUR 881.8 million (+14%). The Group expects profit before taxes within a range of EUR 950 million and EUR 1 billion for the 2025 financial year
Allianz announced in its press release that it is the first insurer to earn the Europrivacy certification, recognized EU-wide under GDPR. Covering key processes in Austria, Italy, and global recruitment, it underscores Allianz's commitment to exceptional privacy standards.
Chubb, a world leader in insurance, announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam. The terms were not disclosed.
One of the leading energy and financial groups in Southeast Europe - Eurohold Bulgaria AD, ended 2024 with a significant increase in profitability, according to the holding's consolidated financial report for 4Q2024.
Sava Insurance Group announced unaudited results for 2024 – the company surpassed two milestones: EUR 100 million of pre-tax profit and EUR 1 billion of business volume.
Slovenia's biggest insurer Triglav Group announced its 2024 result. The Group’s earnings before tax amounted to EUR 159.0 million (2023: EUR 21.1 million) and its net earnings reached EUR 131.4 million (2023: EUR 16.3 million).
WTW, a leading global advisory, broking and solutions company, announced that its Board of Directors has appointed Paul Reilly to succeed Paul Thomas as Non-Executive Chair of the Board following WTW’s 2025 Annual General Meeting (AGM) to be held in May 2025.
SCOR delivered EUR 233 million net income in Q4 2024, supported by robust performance across all business lines. The P&C combined ratio stood at 83.1%, benefiting from a low natural catastrophe ratio of 6.4% and disciplined reserving. The L&H insurance service result reached EUR 119 million, while investments yielded a solid 3.6% return.
According to the unaudited consolidated reports for 4Q2024, Adris Grupa achieved total consolidated revenue of EUR 1.1 billion, which is 11% more y-o-y, the Group said in its press release.
AXA announced its full year 2024 earnings. Gross written premiums & other revenues reached EUR 110 billion, up +8% y-o-y, the company said in its press release.
Swiss Re reported a net income of USD 3.2 billion in 2024, with a net income of USD 1.1 billion for the fourth quarter and a return on equity (ROE) of 15.0% for the full year. The Board of Directors will propose a dividend of USD 7.35 per share, the company said in its press release.
Allianz announced its 4Q2024 and FY2024 results. In 2024 total business volume increased strongly by 11.2% to EUR 179.8 billion. Adjusted for foreign currency translation and consolidation effects, internal growth was 11.9%. The Life/Health business was the main growth driver, with strong contribution also from the Property-Casualty segment.
In 2024, ERGO paid out EUR 212 million to customers in the Baltic States, of which EUR 56 million in Latvia, EUR 101 million in Lithuania, and EUR 55 million in Estonia, the Latvian Insurers Association (LAA) said in its press release.
Chubb, a world leader in insurance, announced that Ana Robic, Senior Vice President, Chubb Group and currently Division President of Personal Risk Services (PRS), Chubb North America, has been appointed Regional President of Europe, Middle East and Africa, the company said in its press release.
Aviva, one of the UK’s leading Insurance, announced its 2024 results. According to the company’s press release, the Group’s operating profit was up 20% to GBP 1,767 million (vs 2023: GBP 1,467 million).
SCOR announced retirement of René Kunz, Head of Agriculture at SCOR P&C, after nearly 20 years of dedicated service to the role and the Group. He will be succeeded by Vikas Mahajan, effective May 1st, while René will remain at SCOR until July to ensure a smooth transition, the company said.
MetLife, one of the world’s leading financial services companies, announced that Christian Mumenthaler has been elected to its board of directors, effective May 1, 2025.