"In the 2022 financial year we once again demonstrated Hannover Re's resilience. The environment in which we are operating remains challenging. Property and casualty reinsurance, in particular, saw heavy losses in 2022 from natural catastrophes,…
"The teams are fully mobilized to accelerate the execution of the one-year plan to restore the Group's profitability and to ensure the transition to the new IFRS 17 standard. We are ready to support the new CEO in the preparation and execution…
“Alexandre’s extensive experience and recognized skills in corporate communications, media relations and thought leadership will ensure the continuity of dialogue with all our stakeholders, help us to share to Group’s new roadmap, and make sure…
”Munich Re absorbed the crises of 2022 well and continues to grow profitably. We are robust, both financially and in terms of capital. Our broadly diversified business portfolio not only makes us more resilient, but also opens up new earnings…
“With his HR expertise and his analytical rigor, developed at SCOR since 2020 and across various industries prior to that, Yves Goldschild has all the qualities needed to define a human resources policy that supports the Group's performance,"…
"We had to take some conscious decisions on portfolio steering in order to respond to the market challenges," said Jean-Jacques Henchoz, Chief Executive Officer of Hannover Re. "As a result, we have achieved a durable improvement of the quality…
"Thanks to our position as a profitable and sought-after business partner and in light of the attractive market environment, especially in property and casualty reinsurance, we again expect a satisfying Group net income for the current financial…
"I am honoured by the confidence the Board of Directors has placed in me, and look forward to meeting the Group’s employees, clients and shareholders. I plan to actively pursue the growth of the company by continuing to develop its products…
“Climate change is taking an increasing toll. The natural disaster figures for 2022 are dominated by events that, according to the latest research findings, are more intense or are occurring more frequently," says Thomas Blunck, Member of the…
"The renewal of this contingent capital facility is an essential part of our active capital management and balance sheet protection policy, which helps to protect the Group’s solvency and resilience at a low cost," says Laurent Rousseau, Chief…
Munich Re has said with effect from 1 January 2023, various primary insurance businesses of the Group that are part of the reinsurance segment will be managed together in a new Global Specialty Insurance (GSI) division, to be headed by Michael…
Munich Re has today said that it aims for a consolidated profit of around €4.0bn* for the 2023 financial year under the new reporting standard IFRS 17.
“This transaction underlines SCOR’s strong appetite to deliver longevity solutions to our clients. Recent world events have brought life and health risks into sharp focus and now, more than ever, we are seeing demand for stability," says Frieder…
Improving climate change resilience and supporting disaster risk management is a key objective of the United Nations in the Pacific. In this regard, SCOR has been involved since 2021 in the collaborative development and rollout of the region’s…
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