Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

Generali pays tribute to its 150,000 plus agents through its first ever global advertising campaign

(PRESS RELEASE) MILAN, 13-Jul-2020 — /EuropaWire/ — Italian insurance company, Generali announces the launch of its first-ever Global Advertising Campaign in its 189-year history. The campaign celebrates and empowers Generali’s 150,000 agents, illustrating how Generali is a true Lifetime Partner … Read the full press release

Accenture and Sopra Steria transformation program to modernize Covéa’s finance function across its three brands — MAAF, MMA and GMF

(PRESS RELEASE) PARIS, 22-Jun-2020 — /EuropaWire/ — Multinational professional services company Accenture (NYSE: ACN) and Sopra Steria, European information technology consultancy formed by the merger of Sopra Group SA and Groupe Steria SCA, have announced they signed a four-year joint … Read the full press release

Thierry Léger to succeed Edi Schmid as Group Chief Underwriting Officer at Swiss Re

(PRESS RELEASE) ZURICH, 19-Jun-2020 — /EuropaWire/ — The world’s second-largest reinsurer Swiss Reinsurance Company Ltd, (Swiss Re) has announced leadership changes as well as changes to its Life Capital Business Unit. Starting from 1 September 2020 the reinsurer will have … Read the full press release

Zurich Insurance Group: UK’s Financial Conduct Authority to test policy wordings in the UK High Court

(PRESS RELEASE) ZURICH, 1-Jun-2020 — /EuropaWire/ — Swiss global general and life insurer Zurich Insurance Group (Zurich) announced it is welcoming the UK’s Financial Conduct Authority decision to test policy wordings from across the UK insurance industry in the UK … Read the full press release

Lime and Allianz to improve safety of micromobility through global strategic partnership

(PRESS RELEASE) MUNICH, 27-May-2020 — /EuropaWire/ — Global leader in shared smart mobility solutions, Lime and Allianz, via its Allianz Partners entity dedicated to assistance and insurance solutions, have entered into a global strategic partnership. The collaboration aims to improve … Read the full press release

First Tokio Marine Kiln forecasts to reflect Covid-19 effects released

(PRESS RELEASE) LONDON, 21-May-2020 — /EuropaWire/ — Insurance and reinsurance syndicates firm Tokio Marine Kiln Syndicates Ltd. (TMK) has announced it released forecasts for the 2018 and 2019 years of account for its two non-aligned syndicates. TMK’s forecast ranges have … Read the full press release

Accor guests worldwide to benefit from AXA’s expert medical solutions

(PRESS RELEASE) PARIS, 15-May-2020 — /EuropaWire/ — Global insurance leader, AXA announces an innovative strategic partnership with Accor, a global hospitality leader, to provide medical support to guests across the 5000 Accor hotels worldwide. As soon as July 2020, this … Read the full press release

Milena Mondini de Focatiis to succeed David Stevens as CEO of Admiral Group

(PRESS RELEASE) CARDIFF, UK, 5-Mar-2020 — /EuropaWire/ — Admiral Group plc announces the retirement of its Chief Executive Officer. David Stevens has notified the Board of his intention to retire from his position as Group CEO and as a director … Read the full press release

APG signs Dutch Business Sustainable Mobility Pledge

(PRESS RELEASE) HEERLEN, the Netherlands, 21-Feb-2020 — /EuropaWire/ — APG signed up with Anders Reizen to cut its own carbon footprint to half. Anders Reizen is a coalition of some 50 organizations with the common ambition of halving carbon emissions … Read the full press release

IKEA rolls out home insurance in Switzerland and Singapore in partnership with white-label insurance digital platform iptiQ

IKEA rolls out home insurance in Switzerland and Singapore in partnership with white-label insurance digital platform iptiQ

(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

AXA XL clients will combat cyber-crime by relying on Accenture Cyber Incident Response Service

AXA XL clients will combat cyber-crime by relying on Accenture Cyber Incident Response Service

(PRESS RELEASE) LONDON, 10-Feb-2020 — /EuropaWire/ — Global professional services company Accenture (NYSE: ACN) has just announced AXA XL clients will now be using its Cyber Incident Response Service in order to respond and recover from cyberattacks. Accenture Security’s global … Read the full press release

Allianz to establish life insurance joint venture in Japan with AEON Financial Service

Allianz to establish life insurance joint venture in Japan with AEON Financial Service

(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

Energy Hub for Generali workers’ physical, mental wellness

(PRESS RELEASE) MILAN, 30-Jan-2020 — /EuropaWire/ — Insurance company, Generali, revitalizes the energy of its employees by launching ‘Energy Hub’ project for them to promote a healthy and sustainable lifestyle. The Energy Hub, located in the Generali Tower in Milan, … Read the full press release

‘Financial NewTech Challenge 2020’ launches today

(PRESS RELEASE) PARIS, 17-Jan-2020 — /EuropaWire/ — French multinational company, Capgemini together with Efma launched the Financial NewTech Challenge 2020 today, powered by FinTechVisor. The Financial NewTech Challenge 2020 aims to discover the best collaborative business solutions that will be … Read the full press release

Tobias C. Pross to succeed Andreas Utermann as CEO of Allianz Global Investors (AllianzGI)

Deborah Zurkow, currently Global Head of Alternatives, to become Global Head of Investments (PRESS RELEASE) MUNICH, 11-Nov-2019 — /EuropaWire/ — Allianz Global Investors (AllianzGI) announceS leadership changes effective January 1, 2020 as part of its succession plan. Andreas Utermann to … Read the full press release

Munich Re: faster claims estimates, improved accuracy in risk assessment and better loss prevention thanks to data analytics and AI

(PRESS RELEASE) MUNICH, 22-Oct-2019 — /EuropaWire/ — Munich Re is launching a number of digital solutions aimed at making claims estimates faster, improving the accuracy in risk assessment and better loss prevention. The group is investing heavily in data analytics … Read the full press release

Finalyse welcomes Dublin as a new entity to the Group

(PRESS RELEASE) DUBLIN, 3-Oct-2019 — /EuropaWire/ — Following the achievement of €10M of consolidated income and 30th-anniversary last year, Finalyse has announced the opening of a new entity in Dublin as part of the group’s EMEA expansion strategy. Being a … Read the full press release

Jason Windsor appointed Chief Financial Officer and Executive Director of Aviva plc.

(PRESS RELEASE) LONDON, 26-Sep-2019 — /EuropaWire/ — Aviva plc announces the appointment of Jason Windsor as Chief Financial Officer and Executive Director with effect from 26 September 2019. In July 2019 Jason became Interim Chief Financial Officer and was previously … Read the full press release

New digital solutions from Munich Re evaluate wildfire risks in North America and automate recording of damages following hurricanes

New digital solutions from Munich Re evaluate wildfire risks in North America and automate recording of damages following hurricanes

(PRESS RELEASE) MUNICH, 9-Sep-2019 — /EuropaWire/ — Munich Re has just announced it is introducing two new digital solutions, Wildfire Risk Score and Remote Industries, that are aimed at making claims settlement considerably easier for insurance companies, thus accelerating indemnification … Read the full press release

Leadership changes at The Central Bank of Ireland

(PRESS RELEASE) DUBLIN, 16-Aug-2019 — /EuropaWire/ — The Central Bank of Ireland appoints Louise Dennehy as the new Chief Information Officer and Domhnall Cullinan as the new Director of Insurance Supervision. Both appointments  with effect from 1 September 2019. The … Read the full press release

LV= to sell residual stake in LV= General Insurance to Allianz Group for up to £365 million

(PRESS RELEASE) BOURNEMOUTH, 31-May-2019 — /EuropaWire/ — Liverpool Victoria Friendly Society to sell its residual 30.1 percent stake in LV= General Insurance to Allianz Group for up to £365 million. At the completion of the sale, Allianz will own 100% … Read the full press release

Aegon’s 50% stake in the variable annuity joint ventures in Japan sold to partner Sony Life for EUR 130 million

(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

LR certifies the Scottish White Fish Producers Association (SWFPA) against the Responsible Fishing Scheme (RFS)

(PRESS RELEASE) LONDON, 10-May-2019 — /EuropaWire/ — Europe’s largest fishing association, the Scottish White Fish Producers Association (SWFPA), has become the world’s first ever certified as group certification under the Responsible Fishing Scheme (RFS). Lloyd’s Register (LR), the global certification … Read the full press release

Natixis to issue green structured note in Groupe Gan Vie life insurance policies aimed at supporting the fight against climate change

(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

Leadership changes at Aviva plc

(PRESS RELEASE) LONDON, 24-Apr-2019 — /EuropaWire/ — Aviva has announced that Aviva’s Group Chief Risk Officer Angela Darlington will assume the interim CEO position of UK Insurance as Andy Briggs has decided to step down as CEO UK Insurance and … Read the full press release

Coface acquires market leader in credit insurance in Slovenia

(PRESS RELEASE) Bois-Colombes, France, 15-Apr-2019 — /EuropaWire/ — Coface supports its strategy of profitable growth in Central & Eastern Europe region with the acquisition of SID – PKZ, the market leader in credit insurance in Slovenia with a high market … Read the full press release

Capgemini positioned as a Leader on the Everest Group Life & Pensions Insurance Digital Services PEAK Matrix(tm) 2019

(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

Sampo Group welcomes Kai Sotamaa as Chief Risk Officer

(PRESS RELEASE) HELSINKI, 2-Apr-2019 — /EuropaWire/ — Sampo Group announces the appointment of Kai Sotamaa as Chief Risk Officer as of 1 April 2019. Sotamaa, 48, has previously worked as Head of Risk Management at Ilmarinen and as Financial Economist … Read the full press release

The first Italian digital insurance services and brokerage Yolo gets investment from Intesa Sanpaolo Group

(PRESS RELEASE) MILAN, 29-Jan-2019 — /EuropaWire/ —  Yolo, the first Italian digital insurance services and brokerage group, founded by Simone Ranucci Brandimarte and Gianluca De Cobelli in 2017 is raising Series A €5 million funding round to accelerate its industrial development process and … Read the full press release

Generali’s new € 500 million subordinated bond attracted around 450 orders for more than € 6.5 billion, over 13 times the target size

(PRESS RELEASE) TRIESTE, 22-Jan-2019 — /EuropaWire/ — Generali today launched a subordinated bond with a 10 years bullet format targeting institutional investors for an overall amount of € 500 million. At the initial yield guidance of 4.625%, the issuance attracted around … Read the full press release