Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

Coface launches new customer portal

Bois-Colombes, France, 24-May-2017 — /EuropaWire/ — Coface’s new customer portal and fully revamped CofaNet online credit insurance contract management tool are being launched today. With the new solutions, customers will benefit from innovative features, unique access, customised content, advanced ergonomics, … Read the full press release

Co-op Funeralcare: worrying gap in end of life planning across Devon

MANCHESTER, 23-May-2017 — /EuropaWire/ — Figures published by Co-op Funeralcare reveal a worrying gap in end of life planning across Devon, with as many as 91% of adults in the region yet to create a funeral plan and almost a quarter … Read the full press release

Jean-Laurent Granier will join Generali Group as Country manager for France and Président Directeur Général (PDG) of Generali France

MILAN/PARIS, 15-May-2017 — /EuropaWire/ — – Generali announces that Jean-Laurent Granier will join Generali Group as Country manager for France and Président Directeur Général (PDG) of Generali France with effect from 1st June 2017. In his capacity, Jean-Laurent Granier will … Read the full press release

Cyber Assist Appoints Open GI as Technology Partner

London-based cyber insurance underwriting agency Cyber Assist, in partnership with Novae, have today appointed Open GI London as their preferred technology partner.   WORCESTER, 21-Apr-2017 — /EuropaWire/ — Cyber Assist, founded by David Channing and Sean Yeo, provides brokers with a range … Read the full press release

Zurich Is one of Top Three Global Travel Insurance Provider With Acquisition of Cover-More

ZURICH, 20-Apr-2017 — /EuropaWire/ — Zurich Insurance Group (Zurich) today has successfully acquired Cover-More Group Limited (Cover-More), a leading travel insurance and assistance solutions provider based in Sydney with a strong market position in Australia, India and the U.S. This transaction … Read the full press release

New Aviva Study Shows Millions of UK Households Struggle with Basic Household Tasks

Aviva research finds home skills gap amongst UK householders One in five UK adults aren’t confident changing a light bulb Almost half of UK adults under 35 can’t cook a meal without using a recipe Four out of 10 under-25s … Read the full press release

New Statistics by Aviva Show UK Households Spend An Average of ₤16 Billion On Household Repairs

LONDON, 19-Apr-2017 — /EuropaWire/ — UK householders typically spend £16 billion* a year fixing things that have gone wrong around the home, according to new statistics released today by Aviva. Research conducted as part of the home insurer’s latest ‘Home’ report, … Read the full press release

Companies Missing Their Pension Deadlines continue to Rise in UK

LONDON, 19-Apr-2017 — /EuropaWire/ — In Q1 2017: 1 in 6 businesses (16%) applied to Aviva for a workplace pension after their staging date had passed – up from 14% in the previous quarter A quarter of companies (25%) are … Read the full press release

Aviva Age Inflation Index Reports an Inflation of ⅔% For All Ages

LONDON, 19-Apr-2017 — /EuropaWire/ — The headline Consumer Price Index (CPI) was today reported to be 2.3%[1]. This figure is an average across all age groups, however Aviva’s Age Inflation Index[2] looks at how different age groups are experiencing price inflation … Read the full press release

Achmea names Emma Thomas as Chief Executive Officer of Achmea Australia

Zeist / Sydney, 13-Apr-2017 — /EuropaWire/ — Achmea has appointed Emma Thomas as Chief Executive Officer of Achmea Australia, effective April 15, 2017 and pending regulatory approval. Emma Thomas succeeds Timo van Voorden who will step down after having held the … Read the full press release

TGSL Group now part of Open GI Group

Open GI today announces that it has made a significant strategic acquisition of Transactor Global Solutions Ltd., (TGSL Group) valued at £40m.   WORCESTER, 10-Apr-2017 — /EuropaWire/ — TGSL Group, established in 2003, offers one of the most advanced and innovative … Read the full press release

Generali appoints Aldo Mazzocco as the new CEO and General Manager of Generali Real Estate

MILAN, 17-Mar-2017 — /EuropaWire/ — The Board of Directors of Assicurazioni Generali, chaired by Gabriele Galateri di Genola, has approved the designation of Aldo Mazzocco as the new CEO and General Manager of Generali Real Estate, who will join Generali Real … Read the full press release

Aviva: UK employees are more motivated by amount of holiday allowance and flexible working hours than workplace pension contributions

Holiday allowance (46%) and flexible working hours (33%) are seen as more desirable than pension contributions (24%) by UK employees Under-35s value free on-site car parking (14%) as much as health insurance (15%) or pension contributions from employers (15%) Over-35s … Read the full press release

Lloyd’s indicates support as it awaits completion of Standard Life And Aberdeen merger

LONDON, 07-Mar-2017 — /EuropaWire/ — Lloyds Banking Group (Lloyds) notes the announcement of the proposed all-share merger of Standard Life plc and Aberdeen Asset Management plc (Aberdeen). Lloyds has provided Standard Life and Aberdeen non-binding indications of support in its capacity … Read the full press release

Hemophilia Awareness Month: Save One Life is dedicated to helping children with hemophilia worldwide

March is Hemophilia Awareness Month and April 17 is International Hemophilia Day LUXEMBOURG, 06-Mar-2017 — /EuropaWire/ — Hemophilia is a devastating inherited blood disorder that can still cause severe pain, crippling and even death, when untreated. Hemophilia patients in developed … Read the full press release

Geopolitical Disruptions Are Driving Companies to Pursue Divestments

82% of companies say macroeconomic volatility will increase their likelihood to divest over the next year 48% believe tax-related divestment challenges have increased in the last 12 months 88% say advanced analytics would help make faster, better divestment decisions LONDON, … Read the full press release

CFOs Cite Providing Better Insight A Priority In Insurance Sector Growth

LONDON, 06-Mar-2017 — /EuropaWire/ — Chief financial officers (CFOs) in the insurance sector operating in an extremely challenging economic environment, say that achieving growth is an imperative but one of the biggest parts they must play is in supporting the business … Read the full press release

Prudential announces changes to its board of directors

LONDON, 23-Feb-2017 — /EuropaWire/ — Prudential plc (“Prudential”) announces that Ann Godbehere will retire from the Board at the conclusion of the Annual General Meeting on 18 May 2017. Ms Godbehere has been a non-executive director since August 2007, Chairman of … Read the full press release

Aviva’s Family Finances Report: UK families’ savings have fallen to the lowest level in 18 months as typical incomes decline

Low income families have just £95 in savings and investments, compared to £62,885 among high income families, as the savings gap grows 25% annually Homeownership among families falls to lowest level in four years (64%), with low income families worst … Read the full press release

AXA, SUEZ to provide global service offer and solutions against flooding to communities

PARIS, 27-Jan-2017 — /EuropaWire/ — AXA and SUEZ agreed on a partnership to improve resilience of cities and territories against flood risks. By joining their competencies, the two groups will propose solutions to communities and industries to help them improve resilience1 … Read the full press release

Renata Jungo Brüngger appointed to the Supervisory Board of Munich Re

MUNICH, 16-Jan-2017 — /EuropaWire/ — Renata Jungo Brüngger (55) has been appointed to the Supervisory Board of Munich Re with effect from 3 January 2017. The Amtsgericht (Local Court) in Munich appointed Jungo Brüngger as the successor to Wolfgang Mayrhuber, who resigned his … Read the full press release

EBRD extends €24 million stand-by credit line to the Deposit Insurance Fund of Kosovo (DIFK)

€24 million to further strengthen financial sector and investment climate LONDON, 27-Dec-2016 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is extending a €24 million stand-by credit line to the Deposit Insurance Fund of Kosovo (DIFK), an independent … Read the full press release

Insurance Europe: Europe’s insurers paid out €975bn in claims and benefits during 2015

BRUSSELS, 20-Dec-2016 — /EuropaWire/ — Europe’s insurers paid out a total of €975bn in claims and benefits over the course of 2015, the equivalent of €2.7bn per day, according to figures released today by Insurance Europe, the European insurance and reinsurance … Read the full press release

Coface: Turkey’s economy will grow by 2.5% in 2016 and 2.7% in 2017

Coface forecasts that Turkey’s economy will grow by 2.5% in 2016 and 2.7% in 2017 Government spending is expected to be one of the key growth drivers in 2017 Currency risks and the persistent current account deficit are the main … Read the full press release

Swiss Re to adopt recommendations of the Task Force on Climate-Related Financial Disclosures

Swiss Re adopts recommendations of Task Force on Climate-Related Financial Disclosures Climate-related risks and the expected transition to a lower-carbon economy affect most economic sectors and industries More data will enhance how climate-related risks and opportunities are managed Contributing to … Read the full press release

Total economic losses from disasters in 2016 were at least USD 158 billion according to Swiss Re preliminary sigma estimates

Total economic losses from natural catastrophes and man-made disasters are estimated to be USD 158 billion in 2016 Insured losses from disaster events were around USD 49 billion Approximately 10 000 people lost their lives in disaster events in 2016 … Read the full press release

Zurich gets approval for the renovation of its headquarters at Mythenquai 2 in Zurich

Zurich has received approval for the renovation of its group headquarters at Mythenquai 2 in Zurich. The dismantling of those buildings that are not on the registry of protected artistic and cultural sites has already begun. Construction will be completed … Read the full press release

Aviva’s Health Check UK report: 48% of UK adults are overweight or very overweight

Millennials (18-34 year olds) eat 10 takeaways per month – five times as many as the over 55s Fish and chips tops the nation’s takeaway list – but millennials prefer pizza Almost half (48%) of UK adults are overweight or … Read the full press release

AllianzGI announces that Sound Harbor Partners will join its Private Debt Platform

Agreement reinforces AllianzGI’s capability in Alternatives and will accelerate the global build-out of its Private Debt Platform MUNICH, 05-Dec-2016 — /EuropaWire/ — Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, announced today that Sound Harbor Partners, a … Read the full press release

Vienna Insurance Group 9M 2016: good premium growth in many markets

Premiums rise to around EUR 7.0 billion Profit (before taxes) increases to EUR 301.3 million Combined ratio stable at 97.9 percent VIENNA, 23-Nov-2016 — /EuropaWire/ — Vienna Insurance Group business development is on course in the first three quarters of 2016. … Read the full press release