(IN BRIEF) Aviva has paid out more than £1bn ($1.39bn) across life insurance, critical illness, income protection, and other individual protection policies, exceeding £2.9m being paid out every single day in 2022. The claims paid rate of 98.3% across all … Read the full press release
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.
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) LONDON, 4-Mar-2021 — /EuropaWire/ — Aviva’s transformation to focus on its strongest businesses continues and thus announces its exit from Italy with the sale of its remaining Italian Life and General Insurance businesses (“Aviva Italy”) for €873m in … Read the full press release
Posted in Business, Insurance, Investment, Italy, Management, News, United Kingdom
Tagged Allianz, Amanda Blanc, Andrew Reid, Aviva, Aviva Italy, Aviva Vita, CNP Assurances, divestments, general insurance, insurance businesses, Jakub Rosochowski, life insurance, Sarah Swailes, Shareholding, UBI Banca
(PRESS RELEASE) HELSINKI, 31-Aug-2020 — /EuropaWire/ — Finnish Aktia Life Insurance, part of Aktia Bank (HEL: AKTIA), has announced it will have a new CEO beginning of 1 September, 2020. The insurer’s current Director of Business Development and Board member … Read the full press release
Posted in Banks, Financial, Finland, Insurance, Investment, Management, News
Tagged Aktia Bank, Aktia Life Insurance, appointment, assets management, bank, BANKING, CEO, Finnish asset manager, insurer, Juha Hammarén, life insurance, life insurer, Mandatum Life, Riikka Luukko, Seppo Sibakov
(PRESS RELEASE) ZURICH, 18-Feb-2020 — /EuropaWire/ — Swiss Re owned white-label insurance provider iptiQ partners with IKEA over making home insurance more accessible and affordable. The two companies will launch a home insurance offering called HEMSÄKER, which can be arranged … Read the full press release
Posted in Insurance, Internet & Online, News, Sweden, Switzerland
Tagged Andreas Schertzinger, casualty insurance, digital insurance solutions, health insurance, HEMSÄKER, home insurance, Ikano Group, IKEA, IKEA Switzerland, iptiQ, Jessica Anderen, life insurance, property insurance, Singapore, Swiss Re, white-label insurance
(PRESS RELEASE) MUNICH, 4-Feb-2020 — /EuropaWire/ — Allianz SE announced it will establish a life insurance joint venture (JV) with bank holding group AEON Financial Service (AFS). The newly formed joint venture will focus on developing and marketing life insurance … Read the full press release
(PRESS RELEASE) THE HAGUE, 17-May-2019 — /EuropaWire/ — Aegon‘s partner in the variable annuity joint ventures in Japan Sony Life takes over its 50% stake. The transaction is for approximately EUR 130 million (JPY 16 billion). Commenting on the acquisition, … Read the full press release
Posted in Business, Financial, Insurance, Investment, Netherlands, News
Tagged acquisition, Aegon, Aegon Asset Management, Aegon Industrial Fund Management Company, Alex Wynaendts, critical illness, Dick Schiethart, divestment, insurance, Japan, life insurance, protection products, Sony Life, Sophie Dirkzwager-Kuijper, Transamerica Life Bermuda, variable annuity, whole life products
(PRESS RELEASE) PARIS, 29-Apr-2019 — /EuropaWire/ — Natixis and Groupama Group‘s subsidiary Groupama Gan Vie will launch the first green structured note aimed at supporting the energy transition. The innovative unit-linked insurance product will be issued by Natixis (Issuer: Natixis … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, France, Insurance, Investment, News
Tagged Basel 3 CET1 Ratio(1), Basel 3(1), Biomass, CET1 capital, Climate, climate change, Elie Bitton, energy transition, Gan Assurances, Gan Eurocourtage, Gan Patrimoine, Gan Prévoyance, Groupama Gan Vie, Groupama Group, Groupe BPCE, Guillaume Pierron, health insurance, hydraulic, Joséphine Leblanc, life insurance, mutual insurer, Natixis, Regional Mutuals, renewable energy, Sarah Whitehead, Solar, Wind
(PRESS RELEASE) PARIS, 9-Apr-2019 — /EuropaWire/ — Everest Group’s inaugural Life & Pensions (L&P) Digital Services PEAK MatrixTM sees Capgemini among the leaders. Capgemini’s ability to gain global insights through its consulting heritage along with its robust digital services, and … Read the full press release
Posted in Financial, France, Insurance, Internet & Online, Investment, News, Technology
Tagged Accenture, Capgemini, Cognizant, consulting, digital services, digital transformation, Everest Group, HCL Technologies, Infosys, insurers, life insurance, PEAK Matrix, pensions, Pensions Insurance, Ronak Doshi, Shane Cassidy, TCS
LONDON, 08-Aug-2018 — /EuropaWire/ — Prudential plc and Standard Chartered Bank have extended their exclusive long-term bancassurance partnership to Ghana to jointly serve the fast-growing demand for life insurance products and services. The exclusive strategic bancassurance partnership between the two organisations … Read the full press release
Posted in Banks, Insurance, Management, United Kingdom
Tagged bancassurance, Gautam Duggal, GHANA, life insurance, life_insurance, Matt Lilley, Prudential plc, Standard Chartered Bank
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
VIENNA, 12-3-2015 — /EuropaWire/ — The Vienna Insurance Group’s Czech businesses have further enhanced their position in the company’s largest CEE market. The Group extended its considerable market share by 0.6 percentage points to 33.7 percent, significantly widening the gap … Read the full press release
London, UK, 6-1-2014 — /EuropaWire/ — Prudential plc today confirms that The Prudential Assurance Company Limited (PAC) has completed the process of domesticating its Hong Kong branch. The Hong Kong branch of PAC was transferred on 1 January 2014 to two new … Read the full press release
Posted in Business, Financial, Insurance, Management, United Kingdom
Tagged domestication, general insurance, Hong Kong, Hong Kong branch, life insurance, PAC, PGHK, PHKL, Prudential, Prudential General Insurance Hong Kong Limited, Prudential Hong Kong Limited, Prudential plc, Raghu Hariharan, Richard Gradidge, The Prudential Assurance Company Limited (PAC)
30-8-2013 — /EuropaWire/ — Aviva, the UK’s largest insurer and one of Europe’s leading providers of life and general insurance partnered with climate and development experts ClimateCare, to develop a new way to measure and report the full impact of offsetting Aviva’s … Read the full press release
Posted in Business, Environment, Financial, Insurance, Management, Non Profit, United Kingdom
Tagged Aviva, Aviva’s carbon emissions, carbon emissions, Edward Hanrahan, Envirofit Efficient Stoves, general insurance, insurance, Kenya, LBG Framework, life insurance, LifeStraw Carbon for Water, Zelda Bentham
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