Insurance Europe

INSURANCE EUROPE NEWSROOM (14 press releases)

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Insurance Europe Hails Lloyd’s CEO Patrick Tiernan as New RAB Vice-Chair

PRESS RELEASE -- 24, June 2025

(IN BRIEF) Patrick Tiernan, CEO of Lloyd’s, has been named Vice-Chair of the Reinsurance Advisory Board (RAB), succeeding John Neal. Tiernan’s background as Lloyd’s Chief of Markets and roles at Aviva, StarStone and Zurich position him to guide the RAB … Read the full press release

Insurance Europe Welcomes New Leadership as Thea Utoft Høj Jensen Takes the Helm

PRESS RELEASE -- 4, November 2024

(IN BRIEF) Insurance Europe has appointed Thea Utoft Høj Jensen as its new director general, set to succeed Michaela Koller, who has held the position for 18 years. Jensen, a seasoned professional with a background in financial services and European … Read the full press release

Thea Utoft Høj Jensen Appointed as New Director General of Insurance Europe, Succeeding Michaela Koller After 18 Years

PRESS RELEASE -- 2, October 2024

(IN BRIEF) Insurance Europe has announced that Thea Utoft Høj Jensen will be the new director general, succeeding Michaela Koller, who has held the role for 18 years. Thea, who currently leads Financial Services at FTI Consulting in Brussels, brings … Read the full press release

Frédéric de Courtois Elected President of Insurance Europe, Vows to Drive Competitive Solutions

PRESS RELEASE -- 30, May 2024

(IN BRIEF) Frédéric de Courtois, Deputy CEO of AXA Group, has been unanimously elected as President of Insurance Europe, leading the federation of European insurance and reinsurance associations for the next three years. In his inaugural speech at the 14th … Read the full press release

The insurance industry, Europe’s largest institutional investor, supports the EC’s proposal for the EUGBS (EU Green Bond Standard)

PRESS RELEASE -- 29, September 2021

(PRESS RELEASE) BRUSSELS, 29-Sep-2021 — /EuropaWire/ — Insurance Europe, the European insurance and reinsurance federation, has announced the publication of its response to a consultation by the EC on its proposal for an EU Green Bond Standard (EUGBS). The insurance … Read the full press release

Insurance associations call on the International Accounting Standards Board (IASB) for a delay of the IFRS 17 for insurance contracts

PRESS RELEASE -- 18, October 2018

BRUSSELS, 18-Oct-2018 — /EuropaWire/ — A global group of nine insurance associations has written a joint letter to Hans Hoogervorst, chair of the International Accounting Standards Board (IASB), that highlights the industry’s concerns about the International Financial Reporting Standard (IFRS) 17 … Read the full press release

London Stock Exchange Group appoints Marshall Bailey OBE and Ruth Wandhöfer as Independent Non-Executive Directors

PRESS RELEASE -- 26, September 2018

LONDON, 26-Sep-2018 — /EuropaWire/ — London Stock Exchange Group plc (LSEG) today announces that Marshall Bailey OBE and Ruth Wandhöfer will join the Group Board as Independent Non-Executive Directors. Marshall’s appointment is effective immediately and Ruth will join the Board from … Read the full press release

Insurance Europe supports the EU’s efforts to make the European economy greener and more resilient

PRESS RELEASE -- 30, August 2018

BRUSSELS, 30-Aug-2018 — /EuropaWire/ — Insurance Europe has published its response to a consultation on the European Commission’s proposal for a regulation to establish a framework to facilitate sustainable investment. It expressed support for the EU’s efforts to make the European economy greener … Read the full press release

Insurance Europe: EU’s Motor Insurance Directive (MID) is an essential tool in the protection of road traffic accident victims and should be preserved

PRESS RELEASE -- 24, October 2017

BRUSSELS, 24-Oct-2017 — /EuropaWire/ — Insurance Europe has responded to the European Commission’s REFIT consultation on the Motor Insurance Directive (MID), which it said is an essential tool in the protection of road traffic accident victims and should be preserved. It added that … Read the full press release

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

PRESS RELEASE -- 20, December 2016

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

Insurance Europe: Drivers who consent to share their in-vehicle data with insurers will be able to enjoy a number of benefits

PRESS RELEASE -- 20, June 2016

Drivers must be able to decide who can access their in-vehicle data and for what purposes BRUSSELS, 20-Jun-2016 — /EuropaWire/ — The right conditions must be created to allow drivers to share their in-vehicle data with any service provider they chose … Read the full press release

Insurance Europe raises concerns over misunderstanding of Ultimate Forward Rate (UFR)

PRESS RELEASE -- 25, April 2016

Any changes to UFR should wait until Solvency II review BRUSSELS, 25-Apr-2016 — /EuropaWire/ —  There seems to be a misunderstanding over how Solvency II liabilities are currently calculated, including the discount rates, according to Insurance Europe, the European insurance … Read the full press release

Insurance Europe: digitalisation of the European insurance industry cannot remove all barriers to increasing the volume of cross-border insurance

PRESS RELEASE -- 22, March 2016

However, digitalisation not silver bullet to remove cross-border barriers BRUSSELS, 22-Mar-2016 — /EuropaWire/ — While the digitalisation of the European insurance industry will reshape the way insurers innovate, distribute and interact with their customers, it cannot remove all barriers to increasing … Read the full press release

Insurance Europe study: €952bn paid out by insurers to individuals and businesses in Europe during 2013

PRESS RELEASE -- 8, January 2015

BRUSSELS, 08-1-2015 — /EuropaWire/ — European insurers paid out an average of €2.6bn a day in claims and benefits during 2013, according to figures published today in a study by Insurance Europe, the European insurance and reinsurance federation. The study, European … Read the full press release