Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

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

MAPFRE asciende dos posiciones hasta el puesto número 11 el ranking Merco Talento 2016

Este reconocimiento reafirma la posición de MAPFRE como una de las empresas más deseadas para trabajar MADRID, 08-Nov-2016 — /EuropaWire/ — MAPFRE asciende dos posiciones, hasta el puesto número 11 el ranking Merco Talento 2016, con un total de 6.861 puntos … Read the full press release

Aegon, Allianz, Munich Re, Swiss Re and Zurich launch the Blockchain Insurance Industry Initiative B3i

Aegon, Allianz, Munich Re, Swiss Re and Zurich have launched the Blockchain Insurance Industry Initiative B3i aiming to explore the potential of distributed ledger technologies to better serve clients through faster, more convenient and secure services. If Blockchain technology proves … Read the full press release

Atos and Marsh to provide an optimal and innovative response to the management of cyber risks for French corporations

PARIS 06-Oct-2016 — /EuropaWire/ — Atos, a leader in digital services through its technological brand Bull, and Marsh, one of the global leaders in insurance broking and consultancy in company risk management, have signed a partnership to provide an optimal and … Read the full press release

Achmea announces the appointment of Michel Lamie as CFO and to its Executive Board

ZEIST, 30-Sep-2016 — /EuropaWire/ — Achmea has appointed Michel Lamie (50) to Achmea’s Executive Board with effect from 1 January 2017. He will succeed Huub Arendse as Chief Financial Officer (CFO) in April 2017 following the Annual General Meeting of Shareholders. … Read the full press release

​Euler Hermes announces collaboration with Moody’s Investors Service for new, tailored credit rating services for SMEs

PARIS, 29-Sep-2016 — /EuropaWire/ — Euler Hermes (ELE:PA), the world leader in trade-credit insurance, today announced a collaboration with Moody’s Investors Service for new, tailored credit rating services that Euler Hermes Rating will provide to small and medium enterprises (SMEs) and mid-caps. … Read the full press release

Atradius strengthens its collections and information services with the acquisition of Graydon

AMSTERDAM, 22-Sep-2016 — /EuropaWire/ — Amsterdam, 19th of September, 2016 – Atradius acquires Graydon – strengthens collections and information services offering companies aligned in goal to develop information and technology. Atradius N.V., a leading international credit insurance, surety and collections company … Read the full press release

Coface announces the appointment of Fredrik Murer as CEO of the North America region

PARIS, 22-Sep-2016 — /EuropaWire/ — Coface continues to strengthen its senior management team, with the appointment of Fredrik Murer as CEO of the North America region. A member of Coface’s Executive Committee, reporting to Xavier Durand, Group CEO, Fredrik takes over … Read the full press release

Aviva: 83% of Brits call on the Government on its commitment to slash motor premiums by reforming whiplash compensation laws

83% want Government to honour its commitment to slash motor insurance costs Proposed reforms could reduce motor premiums by £43 Aviva pledges to pass 100% of the savings to its customers Since 2000, accidents have fallen by 40%, but injury … Read the full press release

Aviva’s second ‘Mind the Gap’ report: Europe’s pension savings gap surpasses €2 trillion a year

New findings from Aviva reveal that Europe’s pension savings gap remains a growing issue As European Governments grapple with public debt levels and the wider challenges of an ageing population, individuals will need to take greater responsibility for their own … Read the full press release

Generali and Progressive to develop new generation of customized car telematics solutions

The Generali-Progressive collaboration will foster their respective leading positions in Europe and the USA to develop a new generation of customized car telematics solutions Trieste, Italy/Mayfield Village, Ohio, 09-Sep-2016 — /EuropaWire/ — The Generali Group and The Progressive Group of Insurance … Read the full press release

Allianz Group again ranked among leading sustainable insurers by the Dow Jones Sustainability Index

Today, Allianz Group has again been recognized as one of the leading sustainable insurers by the Dow Jones Sustainability Index (DJSI). MUNICH, 08-Sep-2016 — /EuropaWire/ — Since its inception in 1999, Allianz has been included in the DJSI with top ranking … Read the full press release