(IN BRIEF) CNP Assurances has initiated exclusive negotiations with Hellenic Bank for the sale of its insurance operations in Cyprus and Greece. These operations, conducted through CNP Cyprus Insurance Holdings (CIH), represent a small fraction of CNP Assurances Group’s total … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, France, Government, Greece, Industrial, Insurance, Investment, Management, News
Tagged acquisition, CNP Assurances, Cyprus, Greece, Hellenic Bank, insurance, partnership
(IN BRIEF) The UNIQA Group has launched the International Programmes (IP) HUB in Poland, serving as a competence center for 15 countries in Central and Eastern Europe where the insurer operates. This initiative aims to standardize insurance offerings for multinational … Read the full press release
(IN BRIEF) AGPM, a mutual insurance company, has partnered with S3NS to implement a cloud-based operational data management solution. AGPM chose S3NS’s Local Controls offering, leveraging Thales and Google Cloud technologies, to support its digital transformation and enhance data security. … Read the full press release
(IN BRIEF) Allianz X, the digital investments division of global insurer Allianz Group, has announced a strategic investment in NEXT Insurance, a leading technology-focused small business insurer in the United States. Allstate is also participating in this investment round, bringing … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Industrial, Insurance, Investment, Management, News, Small Business, Technology
Tagged Allianz Group, Allianz X, Guy Goldstein, INNOVATION, insurance, investment, Nazim Cetin, NEXT Insurance, partnership, small business, SMEs, sustainability
(IN BRIEF) Aviva is warning the public to exercise caution during Bonfire Night celebrations after a significant increase in claims for fire-related damage in November. The insurer’s data shows a 300%i rise in claims compared to October of last year. … Read the full press release
Posted in Insurance, Security & Safety, Society, United Kingdom
Tagged Aviva, Bonfire Night, fire damage, Guy Fawkes Day, Guy Fawkes Night, Hazel Johnson, insurance, insurance claims
(IN BRIEF) The insurance industry is leveraging digitalization to monitor, mitigate, and price risks more efficiently, leading to tailored insurance solutions and increased protection. Swiss Re’s report highlights the potential for 3-8% improvements in loss ratios and 10-20% savings in … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland, Technology
Tagged digitalization, insurance, Jérôme Haegeli, Pravina Ladva, Swiss Re
(IN BRIEF) AXA Group has launched its annual employee share offering named “Shareplan 2023” in 40 countries, inviting more than 110,000 employees to participate. The program allows employees to subscribe to shares issued through a capital increase reserved for employees. … Read the full press release
Posted in Business, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged 'Shareplan 2023', AXA, Employee Ownership, employee share offering, Financial, insurance, investment, THOMAS BUBERL
(IN BRIEF) Aviva plc has announced its interim results for 2023, showcasing strong growth momentum across the group. The company achieved an 8% increase in group operating profit, with Solvency II own funds generation up by 26%. The results indicate … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged 2023 Interim Results, Amanda Blanc, Aviva, Financial, insurance, investment
(IN BRIEF) Aviva, a leading insurance company, is supporting the next generation of tech talents through a new Technology Work Placement program for year 10 and year 11 students. The week-long placement, held at Aviva’s Bristol, Norwich, and York sites, … Read the full press release
Posted in Education, Insurance, Technology, United Kingdom
Tagged Communication, insurance, project management, students, teamwork, tech talents
(IN BRIEF) Zurich Insurance Group has announced a strategic partnership with Qover, a Belgium-based insurtech, through Zurich Global Ventures. As part of the collaboration, Zurich is joining Qover’s Series C funding round. Qover, founded in 2016, offers a technology-enabled distribution … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged innovative, insurance, Jack Howell, partnership, Qover, Quentin Colmant, Zurich Global Ventures, Zurich Insurance Group
(IN BRIEF) James Hillman has been appointed as the Chief Risk Officer of Aviva plc, a global insurance company. Currently serving as the CFO of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, Hillman … Read the full press release
Posted in Business, Financial, Insurance, Management, United Kingdom
Tagged Amanda Blanc, appointment, Aviva plc, Chief Risk Officer, insurance, investments, James Hillman, Lloyds Banking Group, pensions, Scottish Widows
(IN BRIEF) A new survey by Aviva has found that over 80% of advisers in the UK believe that the upcoming Consumer Duty regulation feels like a rebranded version of TCF (Treating Customers Fairly). However, the Consumer Duty ranks low … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged Al Ward, Aviva, Consumer Duty, insurance, UK
(PRESS RELEASE) LONDON, 12-Jan-2023 — /EuropaWire/ — Prudential plc (LON: PRU), a British multinational life and health insurance company, has announced the retirement of Jolene Chen, Group Human Resources Director. The company has also announced the appointment of Catherine Chia … Read the full press release
(PRESS RELEASE) THE HAGUE, 6-Jan-2023 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced it will repurchase common shares for a total of EUR 42.5 million in order to fulfill obligations … Read the full press release
Additional Board division „Global Specialty Insurance” Michael Kerner newly appointed to the Board of Management (PRESS RELEASE) MUNICH, 15-Dec-2022 — /EuropaWire/ — Munich Re (ETR: MUV2), a German multinational global provider of reinsurance, primary insurance and insurance-related risk solutions, has … Read the full press release
Posted in Business, Germany, Insurance, Management
Tagged insurance, leadership, Management, Michael Kerner, Munich Re, reinsurance, restructuring
Sale to further reduce capital intensity and exposure to interest rates Reduced sensitivity to interest rates reduces capital required to protect against volatility Transaction adds 8 percentage points to Swiss Solvency Test ratio1 Zurich in Germany to continue to invest … Read the full press release
Venta para reducir aún más la intensidad de capital y la exposición a tipos de interés La sensibilidad reducida a las tasas de interés reduce el capital requerido para protegerse contra la volatilidad La transacción agrega 8 puntos porcentuales al … Read the full press release
(PRESS RELEASE) ZÜRICH, 20-May-2022 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), Swiss’s largest insurer, has announced the sale of its property and casualty insurance company in Russia to some members of the local team of the unit. According to … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Russia, Switzerland
Tagged casualty insurer, insurance, non-life insurance, property insurer, Zurich, Zurich Insurance Group, Zurich Russia
(COMUNICADO DE PRENSA) ZÜRICH, 20-May-2022 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), la aseguradora más grande de Suiza, ha anunciado la venta de su compañía de seguros de propiedad y accidentes en Rusia a algunos miembros del equipo local … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, Russia, Switzerland
Tagged aseguradora de accidentes, aseguradora de bienes, casualty insurer, insurance, non-life insurance, property insurer, seguros, seguros distintos de los de vida, Zurich, Zurich Insurance Group, Zurich Rusia, Zurich Russia
(PRESS RELEASE) VIENNA, 28-Mar-2022 — /EuropaWire/ — Vienna Insurance Group AG Wiener Versicherung Gruppe (VIE: VIG), one of the largest international insurance groups in Central and Eastern Europe, has announced its plan to establish in April 2022 a new assistance … Read the full press release
Posted in Austria, Business, Insurance, Management, News, Serbia
Tagged assistance services, Global Assistance Belgrad, Harald Riener, insurance, Vienna Insurance Group, VIG
(PRESS RELEASE) HELSINKI, 28-Mar-2022 — /EuropaWire/ — Sampo Group (HEL: SAMPO), a Finnish financial and insurance group, has announced the completion of its share buyback programme on 25 March 2022. Originally announced on 4 October 2021, the company’s share buyback … Read the full press release
Posted in Business, Financial, Finland, Insurance, Investment, Management, News
Tagged insurance, Maria Silander, repurchases of shares, Sami Taipalus, Sampo, Sampo plc, SHARE, share buyback programme, shareholders
(PRESS RELEASE) ZÜRICH, 18-Mar-2022 — /EuropaWire/ — Swiss Re, the world’s second-largest reinsurer, has announced two new appointments in Asia and North America. Ivan Gonzalez has been appointed CEO Reinsurance China and China Country President in effect as of 1 … Read the full press release
Posted in Business, Insurance, Management, Switzerland
Tagged Andreas Berger, appointments, insurance, Ivan Gonzalez, Katie McGrath, reinsurance, Russell Higginbotham, Swiss Re
(PRESS RELEASE) WORCESTER, UK, 16-Mar-2022 — /EuropaWire/ — Open GI Group, a specialist insurance software provider, has announced that its subsidiary Machine Learning Programs (MLP Newco 1), data, AI, and machine learning experts, will appoint Damian Baxter as its new … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Insurance, Management, Technology, United Kingdom
Tagged AI specialist, appointment, artificial-intelligence, Chief Executive Officer, Damian Baxter, data science, GI market, HUG HUB, insurance, Machine Learning, Machine Learning Programs, MLP, Tom Murphy
(PRESS RELEASE) BRUSSELS, 23-Feb-2022 — /EuropaWire/ — Accenture (NYSE: ACN), a global professional services company with leading capabilities in digital, cloud and security, has announced it has been selected by Crelan Bank to lead the post-merger integration of AXA Bank … Read the full press release
Posted in Banks, Belgium, Business, Financial, Management, News, Technology
Tagged Accenture, AXA Bank Belgium, bank, BANKING, Crelan Bank, CrelanCo, insurance, investments, Katia de Vos, Phillippe Voisin, Stijn Goossens
(PRESS RELEASE) BOURNEMOUTH, 9-Feb-2022 — /EuropaWire/ — LV=, one of the largest insurance companies in the UK, has announced that the merger talks that started earlier this year with Royal London, the largest mutual insurer in the United Kingdom, about … Read the full press release
Posted in Business, Financial, Insurance, Management, News, United Kingdom
Tagged financial mutual, insurance, LV=, MERGER, Seamus Creedon
(PRESS RELEASE) ROME, 8-Feb-2022 — /EuropaWire/ — UniCredit (BIT: UCG), Italy’s only systemically important bank, has announced it will provide EUR 145 million loan in the form of social and environmental impact financing to The Student Hotel, a hotel chain … Read the full press release
Posted in Banks, Education, Financial, Investment, Italy, News, Real Estate
Tagged Amber Westerborg, Bonelli Erede, BREEAM, Charlie McGregor, Clifford Chance, Daniela Cataudella, Deloitte, financing, Florence Belfiore, green guarantee, hotel, insurance, loan, Massimiliano Mastalia, Rome San Lorenzo, SACE, The Student Hotel, TSH, UNICREDIT
(PRESS RELEASE) LONDON, 13-Jan-2022 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced the resignation of its CFO and director Jason Windsor. Jason will step down as of July 2022 to become CFO at Persimmon … Read the full press release
Posted in Business, Financial, Insurance, Management, News, United Kingdom
Tagged Amanda Blanc, Aviva plc, CFO, insurance, Jason Windsor, Persimmon plc
(PRESS RELEASE) THE HAGUE, 7-Jan-2022 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced it will repurchase common shares for EUR 50 million in order to meet its obligations resulting from … Read the full press release
(PRESS RELEASE) PARIS, 6-Jan-2022 — /EuropaWire/ — Société Générale (EPA: GLE), a European leader in financial services with over 150 years of history, has announced it signed two Memorandums of Understanding (MoU) for the acquisition of 100% of LeasePlan by … Read the full press release
Posted in Automotive, Banks, Business, Financial, France, Management, News
Tagged acquisition, ALD, BANKING, electric vehicles, energy transition, Fanny Rouby, fleet management, Frédéric Oudéa, insurance, Jean-Baptiste Froville, LeasePlan, mobility, NewALD, Retail Banking, Shareholding, Societe Generale, sustainable mobility, TDR Capital
Transaction to release approximately USD 1.2 billion of capital and add 11 percentage points to the Group’s Swiss Solvency Test ratio1 Significant reduction in the Group’s exposure to credit risk Zurich will focus on protection and unit-linked solutions in the … Read the full press release
Posted in Business, Financial, Insurance, News, Portugal, Switzerland
Tagged acquisition, Deutsche Bank, GamaLife, George Quinn, insurance, life insurance, Matteo Castelvetri, pension back book, pension market, policyholders, Swiss Solvency Test, Zurich, Zurich Insurance Group, Zurich Investments Life S.p.A.
Pursuing full ownership underscores HSBC’s commitment to expanding business in China (PRESS RELEASE) LONDON, 30-Dec-2021 — /EuropaWire/ — HSBC Holdings plc, one of the world’s largest banking and financial services providers, has announced that its deal for the acquisition of … Read the full press release
Posted in Banks, Financial, Investment, Management, News, United Kingdom
Tagged acquisition, asset management, BANKING, CHINA, David Liao, equity interest, Greg Hingston, HSBC, HSBC Holdings plc, HSBC Insurance (Asia) Limited, HSBC Life China, HSBC Life Insurance Company Limited, insurance, Personal Banking, private banking, Retail Banking, Shanghai, wealth, wealth management
Allianz Life reinsures $35 billion of liabilities of fixed index annuity book in one of the largest transactions of its kind Agreement underscores shared values of flexibility, ability to scale, risk management, and commitment to policyholders Transaction expected to improve … Read the full press release
Posted in Financial, Germany, Insurance, Investment, Management, News
Tagged Allianz Group, Allianz Life, asset management, capital flexibility, counterparty risk protections, insurance, life insurance, reinsurance, Resolution Life, risk management, Sixth Street, Talcott Resolution, Talcott Resolution Life Insurance Company
(PRESS RELEASE) MUNICH, 15-Nov-2021 — /EuropaWire/ — Allianz Group, one of the leading integrated financial services providers worldwide, has announced that it leads the insurance sector in the Dow Jones Sustainability Index (DJSI). The insurer has been ranked on the … Read the full press release
One in eight people (13%) have been the victim of a financial scam which related to coronavirus. Of those, two-thirds (66%) said their total debts increased over the last year. Aviva calls on government to include financial scams promoted by paid-for … Read the full press release
Posted in Financial, Government, Insurance, Investment, News, Security & Safety, Society, United Kingdom
Tagged Aviva, Aviva Fraud Report, Bank of England, Clone-firm, consumer protection, debt, Financial Conduct Authority, financial resilience, financial scam, financial scams, financial support, FRAUD, insurance, investment scams, investments, Nadine Dorries MP, online financial fraud, Online Safety Bill, paid-for adverts, Paul Pisano, pensions, savings
(PRESS RELEASE) MUNICH, 18-Oct-2021 — /EuropaWire/ — Munich Re (ETR: MUV2), a German multinational global provider of reinsurance, primary insurance and insurance-related risk solutions, has announced it expects continued market hardening to accompany January renewals, particularly for the European market … Read the full press release
Posted in Economy, Germany, Insurance, Management, News
Tagged cyber attacks, Doris Höpke, droughts, floods, inflation, insurance, insurance prices, Munich Re, natural catastrophes, reinsurance, wildfires
(PRESS RELEASE) HELSINKI, 1-Oct-2021 — /EuropaWire/ — Sampo Group (HEL: SAMPO), a Finnish financial and insurance group, has announced that the Board of Directors of Sampo plc, its parent company, has decided to launch a buyback programme for Sampo A … Read the full press release
Posted in Financial, Finland, Investment, Management, News
Tagged Aquis, buyback programme, Cboe, Exane BNP Paribas, insurance, Nasdaq Helsinki, Sampo plc, shareholders, shares, Turquoise
(PRESS RELEASE) PARIS, 1-Oct-2021 — /EuropaWire/ — Orange S.A. (EPA: ORA), a French multinational telecommunications group, has announced it will invest EUR 230 million in its bank (Orange Bank) to increase the capital and speed up the growth projects envisaged … Read the full press release
Posted in Banks, Financial, France, Insurance, Investment, Management, News, Technology, Telecom
Tagged bank, BANKING, consumer credit, credit, Groupama, insurance, Orange, Orange Bank, Paul de Leusse, Thierry Martel, Younited
(PRESS RELEASE) LONDON, 1-Oct-2021 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced that Allianz SE (ETR: ALV), a German multinational financial services company, has completed the acquisition of Aviva’s Italian General Insurance business for … Read the full press release
Posted in Business, Insurance, Management, News, United Kingdom
Tagged Allianz, Aviva plc, insurance, Italian General Insurance
More than half of internet users (53%) don’t trust that the adverts on search engines are placed by a legitimate financial services company or provider And more than half (56%) don’t believe that search engines verify the authenticity of the … Read the full press release
Posted in Financial, Government, Insurance, Internet & Online, Law, News, Security & Safety, Society, Technology, United Kingdom
Tagged advertising, adverts, Aviva, Aviva Fraud Report, Censuswide, consumer protection, covid scam, ESOMAR principles, financial scams, financial services, FRAUD, insurance, investments, online financial fraud, Online Safety Bill, pensions, Rob Lee, savings
(PRESS RELEASE) THE HAGUE, 23-Aug-2021 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced it has completed the share buyback program to neutralize the dilutive effect of the 2020 final dividend … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, dividend, insurance, pensions, Share Buyback Program, shares
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