Zurich Insurance Group (Zurich) has published its Financial Condition Report 2018, highlighting a good financial condition and exceeding solvency requirements.
Envisioning people's 2028 lifestyle and the role insurance will play in it, VIG is already laying the groundwork for the digital transformation. The Group is currently in the process of implementing more than 150 digitalization projects, the majority of which will be completed within the next two years.
Belgian insurance expert Anna Maria D'HULSTER and the CFO of RAIFFEISEN Bank International AG Martin GRULL will be proposed to the AGM of the UNIQA Insurance Group for election to the Supervisory Board on 20 May 2019, as the Austrian insurer informed in a statement.
Lidwien SUUR has been appointed to ACHMEA's Executive Board with effect from 1 September 2019, as the Dutch financial group announced in a statement. "She fills the vacancy that arose following the departure of Roelof KONTERMAN at the end of last year. Lidwien SUUR's responsibilities will include the divisions Non-life, Centraal Beheer and Interpolis".
CROATIA Osiguranje, a member of the Adris Group and undisputed leader of the Croatian insurance market, ended 2018 with a net profit of HRK 270.4 million (EUR 36.45 million), 80% higher than in 2017, the company's annual report for last year shows.
Jean-Pierre CLAMADIEU WAS re-appointment as director for a four-year term, at the AXA's Shareholders' Meeting of yesterday. The Board of Directors confirmed his appointment as Chairman of the Compensation & Governance Committee and Senior Independent Director.
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, as the reinsurer affirmed in a statement published on its website.
MARSH and GUY CARPENTER, both wholly owned subsidiaries of Marsh & McLennan Companies (MMC), announced that, subject to regulatory approvals, they would combine their Latin American facultative reinsurance operations with those of Jardine Lloyd Thompson Group (JLT), which was acquired by MMC on 1 April, 2019.
Bulgarian financial group EUROHOLD said that shareholders have approved the company's plan to increase share capital by BGN 80 million to BGN 277 million via a new share issue. The shareholders' nod was given at an extraordinary general meeting earlier today.
Sava Re published on April 2019 its Solvency and Financial Condition Report for 2018. Previous year figures showed an improved combined ratio, an increase in net result of EUR 33 million and a slight decrease in premiums total volume, due to changes in the underwriting strategy.
Bahrain based TRUST International Insurance & Reinsurance Company announced the appointment of Mr. Talal Al ZAIN as Group Chief Executive Officer.
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.
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.
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.
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.
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.