Following the announcement of Generali's new organisation, Mr Antoine Parisi, CEO of Redion Group, will join Generali's Group Management Committee on 1 January 2027.
Swiss Re reported a 3% increase in net income to $4.2bn for the first nine months of 2026, compared with $4.0bn in the same period last year, supported by strong contributions across its business units. Return on equity remained unchanged at 22.5%. The reinsurer attributed its performance to strong underwriting results from Property & Casualty Reinsurance (P&C Re) and Corporate Solutions, as well as healthy in-force margins and favourable US mortality experience in Life & Health Reinsurance (L&H Re). Lower-than-expected large natural catastrophe losses also supported the results. Swiss Re maintained its full-year 2026 net income target of $4.5bn.
Aon plc has announced the successful renewal of the Aon Client Treaty (ACT).
MetLife reported a 187% increase in net income to $2.4bn, or $3.67 per share, for the third quarter of 2026. Adjusted earnings rose 12% to $1.8bn, driven by higher variable investment income, broad-based volume growth and favourable underwriting. Adjusted earnings per share increased 22% to $2.85, excluding notable items, marking the highest quarterly figure in the company's history. Adjusted return on equity stood at 19.6%, excluding notable items.
AI12 has announced the promotion of Mr James Simmons to Group Head of Aviation.
American International Group (AIG) reported adjusted after-tax income of $1.1bn in the third quarter of 2026, equivalent to $2.06 per diluted share, supported by premium growth and strong underwriting performance.
The International Credit Insurance and Surety Association's annual report of 2025 reveals a continued growth in the value of world trade protected by credit insurance, rising from EUR9.25tn ($10.35tn) in 2024 to EUR9.58tn in 2025.
A study conducted by Cigna across 13 global markets finds that uncertainty about health insurance, long waiting times and cost can make it harder for people to act on their health.
Two decades of growth in insurance capacity have failed to close Asia-Pacific's insurance protection gap because many of the region's largest losses now arise through concentrations and dependencies that create interconnected risks, rather than the individual assets insurers have traditionally underwritten, according to a new report by Tokio Marine Kiln (TMK).