Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

Gemalto and Société de l’assurance automobile du Québec to make secure and innovative health insurance cards for the Régie de l’assurance maladie du Québec (RAMQ)

AMSTERDAM, 17-Jan-2019 — /EuropaWire/ — Gemalto (Euronext NL0000400653 – GTO), the world leader in digital security, and the Société de l’assurance automobile du Québec (SAAQ) have been chosen to produce secure and innovative health insurance cards for the Régie de … Read the full press release

A.M. Best Rating Services upgraded Generali’s Long–Term Issuer Credit Rating to “a+” from “a”

TRIESTE, 11-Jan-2019 — /EuropaWire/ — AM Best announced today that it has upgraded Generali’s Long–Term Issuer Credit Rating (Long–Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent). The outlook of the Long-Term ICR … Read the full press release

Assicurazioni Generali closes the sale of its entire stake in Generali Belgium SA to Athora Holding

TRIESTE, 03-Jan-2019 — /EuropaWire/ — Trieste – Assicurazioni Generali SpA announces the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding Ltd. in line with the terms already announced to the market on April 18, 2018. … Read the full press release

Groupe AXA: Près de 24 000 collaborateurs issus de 36 pays ont souscrit à Shareplan 2018

PARIS, 03-Jan-2019 — /EuropaWire/ — AXA a annoncé le 24 août dernier le lancement de son offre d’actionnariat salarié « Shareplan 2018 », augmentation de capital réservée à ses collaborateurs tant en France qu’à l’international. Près de 24 000 collaborateurs … Read the full press release

Centrica Consumer division CEO Mark Hodges will be the new CEO of ReAssure from 1 March 2019

As part of the preparation towards a potential initial public offering (IPO) of ReAssure, Swiss Re announces Mark Hodges, currently Chief Executive Officer of Centrica Consumer division, as new CEO of ReAssure from 1 March 2019. The new CEO will … Read the full press release

Zurich Insurance plc to transfer its pre-2007 UK legacy employers’ liability policies to Catalina

Portfolio includes gross liabilities of USD 2 billion Transaction will be completed in two steps Transaction is expected to have a small negative impact on business operating profit in the fourth quarter of 2018 and a small positive impact on … Read the full press release

Zurich to nominate Jasmin Staiblin for a position on its Board

Election will take place at the next Annual General Meeting David Nish will not stand for re-election ZURICH, 14-Dec-2018 — /EuropaWire/ — Ms. Staiblin is currently the Chief Executive Officer of Alpiq, a leading Swiss energy services provider and electricity … Read the full press release

Elimination of age restriction for elective offices proposal to be voted on Assicurazioni Generali’s next Shareholders’ Meeting

ROME, 13-Dec-2018 — /EuropaWire/ — At a meeting chaired by Gabriele Galateri di Genola, the Assicurazioni Generali Board of Directors today resolved by majority vote to submit to the next Shareholders’ Meeting the proposal to eliminate the age limit restriction to … Read the full press release

QBE further expands SME product distribution by launching Office insurance on Open GI’s commercial platform, Powerplace

Business insurance specialist QBE has further expanded its SME product distribution by launching Office insurance on Open GI’s commercial platform, Powerplace. WORCESTER, 27-Nov-2018 — /EuropaWire/ — The launch will see the product available across all Open GI broker platforms including Mobius … Read the full press release

Aegon subsidiary in the UK strengthened its existing partnership with Atos

THE HAGUE, 22-Nov-2018 — /EuropaWire/ — Aegon today announces that its subsidiary in the United Kingdom has strengthened its existing partnership with Atos, signing a 15-year contract to service and administer its Existing Business (non-platform customers). This will further improve … Read the full press release

Generali celebrates a landmark step in its expansion in Russia with the opening of representative office in Moscow

Important milestone in Generali´s expansion in Russia Building on a rich history of Generali in Russia and Central and Eastern Europe MILAN, 01-Nov-2018 — /EuropaWire/ — The Representative Office of Generali in Moscow was officially opened on 31 October 2018 by … Read the full press release

Tokio Marine Kiln to close its Hong Kong office

LONDON, 26-Oct-2018 — /EuropaWire/ — Tokio Marine Kiln (TMK) today announced a reorganisation of its Asian operations based primarily in Singapore with supporting offices in Hong Kong and Shanghai. TMK will be closing its Hong Kong office with immediate effect … 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

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

Allianz Real Estate reached 60.1 billion euros in assets under management at the end of June 2018

Worldwide diversification over asset classes, investment styles and structures drives assets under management to 60.1 billion euros at the end of June 2018 European financing team reaches 6.8 billion euros with a focus on prime investments on a Pan European … Read the full press release

AXA join forces with Liverpool Football Club as its Official Global Insurance Partner

PARIS, 08-Oct-2018 — /EuropaWire/ — AXA reignites its sponsorship strategy and is proud to join forces with one of the most famous names in sport. The multi-year partnership with English Premier League legends Liverpool Football Club (“Liverpool FC”) sees AXA … Read the full press release

PIMCO enhances its muni platform and capabilities for clients with the acquisition of Gurtin Municipal Bond Management

In acquiring Gurtin Municipal Bond Management, which serves high and ultra-high net worth individuals, PIMCO invests in broadening and enhancing its muni platform and capabilities for clients. The combined business will manage $38 billion in dedicated municipal bond assets with … Read the full press release

Capgemini publishes inaugural edition of the World InsurTech Report

World InsurTech Report 2018: Collaborative approach between incumbent insurers and InsurTechs gains traction As new competition looms and tech investment reaches new highs, collaboration is the key to unlocking enhanced customer experience PARIS, 04-Oct-2018 — /EuropaWire/ — The insurance technology (InsurTech) … Read the full press release

Capgemini named a Star Performer and Leader in the 2018 Everest Group Insurance Application Services PEAK Matrix

Strategic InsurTech investments and focused acquisitions result in Capgemini delivering innovative end-to-end business transformation PARIS, 04-Oct-2018 — /EuropaWire/ — Capgemini today announced that is has been named a “Leader” and “Star Performer” in Everest Group’s PEAK MatrixTM[1] for Insurance Application Services for the … Read the full press release

Prudential announces the appointment of Mike Evans as Chair of M&G Prudential

LONDON, 02-Oct-2018 — /EuropaWire/ — Prudential plc today announces the appointment of Mike Evans as Chair of M&G Prudential in preparation for its planned demerger. He joins the Board of M&G Prudential with immediate effect. Mr Evans has 36 years … Read the full press release

Aviva colleagues across the UK can now gain qualifications as they work through Unite the Union partnership

LONDON, 02-Oct-2018 — /EuropaWire/ — Thousands of Aviva colleagues across the UK are being given the chance to gain qualifications as they work, thanks to a new Learning Agreement between the insurer and Unite the Union. Following a successful pilot … Read the full press release

Aviva announces the launch of the World Benchmarking Alliance (WBA) to help businesses achieve the Sustainable Development Goals (SDGs)

LONDON, 25-Sep-2018 — /EuropaWire/ — Today (24 SEP 2018), Aviva, Index Initiative, and the United Nations Foundation announce the launch of the World Benchmarking Alliance (WBA), with the aim of helping businesses do more to achieve the Sustainable Development Goals … Read the full press release

Generali becomes the presenting sponsor and will support the international growth of Barcolana

TRIESTE, 25-Sep-2018 — /EuropaWire/ — The Sailing Club Società Velica di Barcola e Grignano (SVBG) and Assicurazioni Generali have signed an agreement to renew their 40-year partnership. Generali will be presenting sponsor and will support the international growth of Barcolana for … Read the full press release

Torsten Jeworrek of Munich Re: Cyber risks are one of the biggest threats to the networked economy

Cyber risks are one of the biggest threats to the digital and networked economy The most important thing for companies is to ensure they have the best possible technical prevention Munich Re is developing insurance products and services that offer … Read the full press release

Allianz: John Studzinski appointed Managing Director and Vice Chairman of PIMCO

Mr. Studzinski will take a leading role in PIMCO’s expanding global strategy. He will serve as a key advisor to the firm’s top clients globally alongside the client management teams and senior leadership. He brings to PIMCO more than 30 … Read the full press release

Munich Re to acquire software company relayr for US$ 300m

Via its subsidiary HSB, Munich Re is to acquire the tech company relayr, of which it will hold 100% of the shares upon completion Relayr is valued at US$ 300m Relayr offers industrial players end-to-end solutions in the area of … Read the full press release

Tokio Marine appoints Daljitt Barn to the newly-created post of global head of cyber risk

LONDON, 05-Sep-2018 — /EuropaWire/ — Leading international insurance group Tokio Marine Holdings (TMH) has appointed Daljitt Barn to the newly-created post of global head of cyber risk. Barn – who will be based in London – joins from Munich Re … Read the full press release

Aviva research into UK’s school lunchboxes reveals that many packed lunches may contain significant amounts of hidden sugar and unhealthy treats

58% of parents believe lunches prepared at home are healthier than school dinners, but are they? 6.6 million (75%) UK schoolchildren tuck into a packed lunch each day. Parents believe lunches prepared at home are the healthier option but biscuits, … Read the full press release

Allianz Partners to establish three new innovation centers focusing on travel, health and assistance

PARIS, 03-Sep-2018 — /EuropaWire/ — Leveraging its knowledge and expertise in assistance, automotive, health and travel protection, Allianz Partners further embraces technological disruption and redefines insurance by establishing three new innovation centers focusing on travel, health and assistance, following the success … Read the full press release

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

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

US subsidiaries of Aegon reached a settlement with the Securities and Exchange Commission (SEC)

THE HAGUE, 29-Aug-2018 — /EuropaWire/ — Today (August 27, 2018), US subsidiaries of Aegon reached a settlement with the Securities and Exchange Commission (SEC) in the matter of the operation and implementation of asset management quantitative models by Aegon’s US … Read the full press release