For year 2019, Willis Towers Watson (WTW) reported a net income (attributable to the company) of USD 1,044 million, up 50% year-on-year (FY2018: USD 695 million).
For the year 2019, Allianz Group reported a net income (attributable to shareholders) of EUR 7.9 billion, 6.1% more year-on-year, mostly due to the increased operating profit and improved non-operating result, as well as a lower tax rate, as the company mentions.
ALLIANZ informed in a statement that Axel THEIS (62), Member of the Board of ALLIANZ SE responsible for insurance in German-speaking countries and Central and Eastern Europe, retires at his own request on March 31, 2020 after more than 33 years at ALLIANZ. Klaus-Peter ROHLER (55), currently Chairman of the Board of Management of ALLIANZ Deutschland AG and ALLIANZ Versicherungs-AG, has been appointed by the Supervisory Board as his successor effective April 1, 2020.
AXA announced the appointment of Scott Gunter as CEO of AXA XL. He will replace Greg Hendrick, who has decided to pursue other opportunities outside the Group.
On February 20, 2020, S&P Global Ratings revised UNIQA Insurance Group CreditWatch as a result of the planned internal restructuring and the potential shift in UNIQA's financial risk profile, as a result of the purchase over AXA CEE's subsidiaries.
For year 2019, AXA insurance group reported a net income of EUR 3.9 billion, 80% higher year-on-year on a reported basis.
At the end of 2019, for 12 months ended, UNIQA Group scored a consolidated net income of EUR 232 million, 4.5% lower, driven by higher share of non-controlling interest. Earnings before taxes grew 0.4% to EUR 296 million at the end of 2019.
Swiss Re announced its full-year 2019 results. The figures show a net income at the end of the year amounting USD 727 million, which is 73% more year-on-year
Aleksandra AGATOWSKA, a current member of the management board of PZU Zycie, was appointed by the company's Supervisory Board to be the President of the Management Board.
Fairfax Financial Holdings Limited announced fiscal year 2019 net earnings of USD 2,004 million compared to fiscal year 2018 net earnings of USD 376 million, primarily reflecting net gains on investments.
NN Group's operating result increased by 24.9% to EUR 428 million in the fourth quarter of 2019, driven by higher operating results at almost all segments and reflecting a total of EUR 20 million of non-recurring benefits.
Lloyd's of London announced the appointment of prominent figures as the inaugural members of its Culture Advisory Group.
At the end of the second half of 2019, Aegon's net income increased significantly to EUR 910 million (+260%), while full year net income more than doubled to EUR 1,528 million (+105%).
Zurich Insurance Group (Zurich) announced a net income of USD 4,147 million for the year 2019, 11.6% higher than the level recorded at the end of 2018 (FY2018: USD 3,716 million)
MAPFRE's net earnings in 2019 came in at EUR 609 million, 15.2 percent better than the previous year (FY2018: EUR 529 million), while Group revenues rose 7.1 percent to EUR 28.5 billion (FY2018: EUR 26.6 billion).
Vienna Insurance Group (VIG) announced the acquisition of an interest of around 20% in the German start-up ViveLaCar GmbH, which is headquartered in Stuttgart. VIG's acquisition will help ViveLaCar's planned expansion into Austria and Switzerland in spring 2020.
Swiss Re Corporate Solutions has appointed Bianca Willauer as Head Property & Specialty Lines, EMEA, effective 1 February 2020.
Swiss Re Corporate Solutions appoints Marc Scheidegger as Chief Claims Officer. Subject to approval by the relevant authorities, Scheidegger will assume the role on 1 June 2020 and join the Swiss Re Corporate Solutions Executive Committee.
For the full year ended December 31, 2019, Everest Re Group reported a net income of USD 1,009.5 million, showing a substantial increase compared to FY2018 net income of USD 89.0 million.
For the full financial year 2019, SCOR Global P&C experienced a strong gross written premiums growth, of 15.8% at current exchange rates, to EUR 7.1 billion. This was driven both by Reinsurance (+16.2%) and Specialty Insurance (+14.4%).