News - Re/Insurance groups -

TRUST Re Appoints Talal Al ZAIN as Group CEO

Bahrain based TRUST International Insurance & Reinsurance Company announced the appointment of Mr. Talal Al ZAIN as Group Chief Executive Officer.

2019-04-22

Changes in the management board of PZU's asset management company, Towarzystwo Funduszy Inwestycyjnych PZU SA

The Supervisory Board of TFI PZU SA has adopted several changes to the management structure of the investment area. Dariusz LASK, former member of the board of Skarbiec TFI SA and Union Investment TFI SA, was appointed Chief Investment Officer.

2019-04-22

Trust Re Appoints Talal Al Zain as Group CEO

Bahrain based Trust International Insurance & Reinsurance Company announced the appointment of Mr. Talal AL ZAIN as Group Chief Executive Officer.

2019-04-19

ALLIANZ Zagreb will have a new Chairman of the Board

Daniel MATIC is the new candidate for the opened position as Chairman of the Board inside Allianz Zagreb, Croatia. He will replace Boris GALIC after getting the necessary approvals from the regulator.

2019-04-18

Swiss Re: 2018 Financial Condition Report

Swiss Re published today, 18 April 2019, the 2018 Financial Condition Report for the Swiss Re Group and regulated re/insurance legal entities domiciled in Switzerland for the reporting period ended 31 December 2018.

2019-04-18

CCR: 2018 Financial Position Report

In 2018, CCR group's consolidated premium income was EUR 1,371 million, with consolidated net income of EUR 132 million. CCR RE contributed EUR 35 million to the Group consolidated income, while CCR contributed EUR 147 million.

2019-04-18

SCOR: April 2019 P&C renewal results reaffirm the positive trends observed in January

At the April 1, 2019, renewals, SCOR Global P&C grew gross written premiums by 9.6% at constant exchange rates to EUR 548 million, while benefitting from broadly improving market conditions. This result confirms the positive trends observed in January.

2019-04-18

Roelof JOOSTEN appointed member of ACHMEA's Supervisory Board

ACHMEA's AGM has appointed Roelof JOOSTEN as a member of the Supervisory Board. He succeeds Antoon VERMEER, who retired from his position last year after his maximum term of office. JOOSTEN's appointment is for four years and was approved by the Dutch Central Bank (DNB).

2019-04-18

EUROHOLD to start exclusive talks to buy Bulgarian assets of CEZ

Bulgarian financial holding EUROHOLD - the owner of insurer EIG - Euroins Insurance Group reported in a press release that it is entering exclusive talks to buy the assets in Bulgaria of CEZ.

2019-04-18

Swiss Re shareholders approved increase in regular dividend, new public buy-back programme and re-elected all proposed Board members

Swiss Re's shareholders approved all proposals put forward by the Board of Directors at its Annual General Meeting (AGM).

2019-04-18

Francesco MARTORANA appointed CEO of GENERALI Insurance Asset Management S.p.A

Francesco MARTORANA is the new Chief Executive Officer of Generali Insurance Asset Management S.p.A. Societa di gestione del risparmio (GIAM), effective April 1st, 2019.

2019-04-18

Damian ZIABER is the new director of the Corporate Communication Office of the PZU Group

Damian ZIABER was appointed the director of the PZU Group's Corporate Communication Office, replacing Marek BARAN, who will remain in the Group's structure.

2019-04-18

VIG aims to use strong capitalisation as basis for growth

With the publication of 2018 Group Annual Report, Vienna Insurance Group (VIG) has confirmed the preliminary results, announced on 21 March 2019. The Group intends to use its strong capitalisation (solvency ratio of 239%) to achieve further growth.

2019-04-17

POLAND: PZU Group successfully completed a pilot project of using A.I. in handling motor damage

Poland-based PZU Group announced that progress was realized on their PZU GO service, an innovative technology, which will support the insurer's employees and experts in motor claim handling. The time necessary for claim handling will be significantly shorten through the software.

2019-04-11

GENERALI Group announces its first boutique in Italy with a new partnership to launch innovative multi-asset strategies

GENERALI Group announced its first Italian boutique with a strategic partnership, aimed at launching a new asset management company. The new venture will develop multi-asset strategies, serving the needs of clients around the world, both private and institutional.

2019-04-11

VIG Re has new Chief Underwriting Officer and head of CEE market

After opening new branch offices in Frankfurt and Paris, VIG Re announced organizational changes. Olaf DIETRICH will be the new Chief Underwriting Officer, leading the newly formed Corporate Underwriting Department, while Petr STEPAN will head the new CEE market department.

2019-04-10

Willis Towers Watson acquires TRANZACT

Willis Towers Watson is acquiring TRANZACT for USD 1.2 billion in closing consideration, with potential earn-out of up to USD 200 million, payable in either cash or stock by 2021, if certain financial targets are achieved.

2019-04-10

GENERALI to take over ERGO units in Hungary and Slovakia

Italian insurer GENERALI announced signing an agreement to take over the entire life, non-life and composite insurance portfolios of three entities of ERGO International AG in Hungary and Slovakia. The sale is subject to certain regulatory and anti-trust approvals, as is customary for transactions of this kind. The parties have agreed not to provide details of the purchase price and other terms.

2019-04-04

GENERALI to take over ERGO units in Hungary and Slovakia

Italian insurer GENERALI announced signing an agreement to take over the entire life, non-life and composite insurance portfolios of three entities of ERGO International AG in Hungary and Slovakia. The sale is subject to certain regulatory and anti-trust approvals, as is customary for transactions of this kind. The parties have agreed not to provide details of the purchase price and other terms.