News - Re/Insurance groups
SCOR finalizes the sale of its stake in the Humensis group
On January 2nd, SCOR announced that it has finalized the sale of its stake in the capital of Humensis to Huyghens de Participations, the holding company of the Albin Michel group.
13 January 2025NN Group completes sale of its Turkish operations to Zurich Türkiye
NN Group, an international financial services company, active in 10 countries, with a strong presence in a number of European countries and Japan, announced the completion of the sale of its Turkish operations to Zurich Türkiye, the Group said in its press release.
13 January 2025High recognition from the Dow Jones Sustainability Index places Allianz among the topmost sustainable insurers globally
Allianz announced its renewed inclusion in the prestigious Dow Jones Sustainability Index (DJSI) for 2024, a testament to the company's commitment to sustainable action. This recognition underscores Allianz's long-term efforts to drive change and create a positive social and environmental impact globally, the company said in its press release.
13 January 2025WTW announces new appointments
WTW, a leading global advisory, broking and solutions company, announced the appointment of Hugo Wegbrans as Head of Corporate Risk and Broking (CRB) Europe and Simon Delchar as Global Head of Placement, the company said.
13 January 2025Christopher Flatt becomes Global Chief Underwriting Officer of AIG and joins the company’s Executive Leadership Team
American International Group (AIG) announced that Christopher Flatt, currently Head of AIG North America Alternative Channels, has been named Global Chief Underwriting Officer, effective immediately. Mr. Flatt will report directly to Peter Zaffino, Chairman & Chief Executive Officer, AIG and join the company’s Executive Leadership Team, the Group said.
13 January 2025VIG Re starts 2025 with a renewed composition of the Board
VIG Re, announced organizational changes to its Board of Management, effective 1 January 2025. These changes are designed to further enhance the company's strategic direction and operational efficiency, the company’s press release stated.
8 January 2025The strategic partnership of Talanx AG with Meiji Yasuda Life Insurance Company to expire on December 31, 2025
The strategic partnership of Talanx AG with Meiji Yasuda Life Insurance Company (Meiji Yasuda) will expire by mutual agreement on December 31, 2025. Talanx therefore makes use of the termination option of the cooperation agreement agreed upon at the beginning of the partnership, the Group said in its press release in December.
8 January 2025Sustainable Fitch upgrades Groupama’s ESG Entity Rating to ‘2’ and increases its entity score to 63
Groupama's extra-financial (ESG) rating by Sustainable Fitch was upgraded in December from "3" to "2", and the Group's score has improved from 55 to 63, the Group said.
8 January 2025Generali once again confirmed as a leader at the top of the main ESG ratings
The MSCI analysis, which involves over 8,500 companies globally, confirmed the “AAA" ESG rating for the Generali Group for the third consecutive year, highlighting Generali as one of the "Leader" companies, which have the highest score in terms of managing risks and opportunities related to sustainability, the Group announced at the end of December in its press release.
8 January 2025GrECo acquires majority stake in Comergon, expanding footprint to Greece and Cyprus
GrECo, the independent risk consultant & insurance broker in CEE, headquartered in Vienna, Austria, announced the acquisition of a majority stake in Comergon, a well-established privately-owned specialist insurance broker for corporate Property & Casualty risks as well as Health & Benefits in Greece and Cyprus.
8 January 2025Nick Nadgauda to join MetLife as Executive Vice President and Chief Information Officer in March 2025
MetLife in December announced that Nick Nadgauda will join the company as Executive Vice President and Chief Information Officer, effective March 10, 2025, the company said in its press release.
8 January 2025John Latter to lead Claims for Chubb Overseas General Insurance
In December 2024 Chubb announced the appointment of John Latter to lead Claims for Chubb Overseas General (COG), effective immediately.
8 January 2025Guy Carpenter: Renewal outcomes at year-end reflect reinsurers’ positive property experience over the last two years
According to Guy Carpenter, a leading global risk and reinsurance specialist and a business of Marsh McLennan, non-loss-impacted property catastrophe renewals saw notable risk-adjusted reinsurance rate reductions of 5% to 15% at January 1.
8 January 2025Aegon updates its net-zero targets for 2030
The Dutch insurer Aegon has updated its net-zero targets for 2030. This new set of targets reinforces Aegon’s commitment to transition its general account investment portfolio of around EUR 70 billion to net-zero greenhouse gas (GHG) emissions by 2050, supporting the global transition to a net-zero economy.
17 December 2024Sava Insurance Group estimates 2024 pre-tax profit at EUR 100 million, about 10% above the target
The Sava Insurance Group has assessed the key performance indicators and set its performance targets for 2025, and also has set new annual targets for each of its strategic business pillars on the road to delivering the Group’s 2023–2027 strategy.
17 December 2024S&P upgrades outlook on Slovenia’s Triglav Group from stable to positive
S&P Global Ratings has revised its outlook on Triglav Group from stable to positive. The rating action expresses the agency's expectation that Triglav Group’s profitably will grow in the coming years, it will continue to expand on international markets and occupy a leading market position in Slovenia, while maintaining its capital strength, the insurer said.
17 December 2024S&P improves outlook of Slovenia’s Sava Re and Zavarovalnica Sava to positive
S&P Global Ratings said it has revised the outlook on Sava Re and Zavarovalnica Sava to positive from stable and has affirmed its “A” financial strength and issuer credit ratings, the insurer reports.
17 December 2024Munich Re sets net profit target of EUR 6 billion in 2025
Munich Re is aiming for an IFRS net profit of EUR 6 billion in 2025 thanks to good operational performance in all business segments. Group insurance revenue is expected to reach EUR 64 billion in 2025, and return on investment to improve to above 3.0%, the Group said.
17 December 2024MetLife introduces New Frontier five-year growth strategy
MetLife, one of the world’s leading financial services companies, hosted its Investor Day in New York City on December 12 and introduced the company’s powerful five-year growth strategy, New Frontier.
17 December 2024MetLife and General Atlantic announced the formation of Chariot Reinsurance
MetLife and General Atlantic announced the formation of Chariot Reinsurance (Chariot Re), a to-be-registered Class E Bermuda-based life and annuity reinsurance company. Chariot Re is expected to launch in the first half of 2025 and will have a future strategic reinsurance partnership with MetLife.
17 December 2024
