Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

Natixis Assurances to acquire 40% of BPCE Assurances for EUR 272 million

PARIS, 15-Sep-2017 — /EuropaWire/ — Natixis, Macif and Maif announce the signature of an agreement for Natixis Assurances to acquire 40% of BPCE Assurances from Macif (25%) and Maif (15%). Following this transaction, Natixis Assurances will be BPCE Assurances’ sole shareholder. … Read the full press release

World’s first blockchain platform for the marine insurance sector launches

LONDON, 06-Sep-2017 — /EuropaWire/ — EY and Guardtime announce the world’s first blockchain platform for the marine insurance sector. The platform launches in collaboration with A.P. Møller-Maersk A/S, ACORD, Microsoft, MS Amlin, Willis Towers Watson and XL Catlin and after a … Read the full press release

Allianz Austria names Rémi Vrignaud as the new Chairman of the Board of Management

The Supervisory Board of Allianz Austria has appointed Rémi Vrignaud as the new Chairman of the Board of Management with effect from August 25, 2017. VIENNA, 28-Aug-2017 — /EuropaWire/ — He will take over from Wolfram Littich, who has been successfully heading … Read the full press release

Destatis: settlement with statutory health insurance institutions accounted for 70.4% of the receipts of medical practices in 2015

WIESBADEN, 16-Aug-2017 — /EuropaWire/ — In 2015, settlement with statutory health insurance institutions accounted for the largest part of the receipts of medical practices (70.4%). The Federal Statistical Office (Destatis) also reports that 26.3% of the receipts came from settlement with … Read the full press release

Protection insurance: Aviva signs new five-year distribution agreement with Countrywide plc

LONDON, 31-Jul-2017 — /EuropaWire/ — Five-year exclusive partnership agreement to provide market-leading protection insurance to the UK’s largest mortgage broker Aviva announces that it has secured an exclusive new five-year distribution agreement with Countrywide plc to provide its mortgage and rental customers … Read the full press release

Aviva study: growing number of UK motorists seek recorded proof of incidents on the road

17% of UK drivers use dash-cams, while a further 30% plan to use one in the near future 19 million UK motorists could be using dash-cams within the next year ‘Crash for cash’ is a concern for a third of … Read the full press release

Aviva research: Young UK holidaymakers value internet access above anything else

LONDON, 31-Jul-2017 — /EuropaWire/ — Young holidaymakers value internet access above anything else – including price – when choosing a vacation resort, according to new research from travel insurer Aviva. Aviva’s Holiday Report, which surveyed over 2,000 British holidaymakers, found that … Read the full press release

Allianz Life Insurance Company of North America signs multi-year naming rights sponsorship agreement for Minnesota United FC’s new soccer stadium in St. Paul, Minn.

Allianz Field becomes the 1st Allianz-sponsored stadium in North America and 8th globally New state-of-the-art home for Minnesota United FC to open in 2019 Allianz Life Insurance Company of North America signs on as official stadium sponsor Munich/Minneapolis, 28-Jul-2017 — … Read the full press release

BNP Paribas Cardif acquires Ageas ownership in Cargeas Assicurazioni in Italy

BNP Paribas Cardif announced today the signature of an agreement with the company Ageas to take full ownership of Cargeas Assicurazioni (CARGEAS), a major non-life bancassurance provider in Italy. PARIS, 28-Jul-2017 — /EuropaWire/ — BNP Paribas Cardif (50% – 1 share) and Ageas … Read the full press release

INFINOX Forex and CFD Broker Increases Additional Client Money Insurance to £1,000,000

INFINOX Capital Limited (“INFINOX”), an FX and CFD broker which is authorised and regulated by the Financial Conduct Authority, has increased their additional clients’ deposit protection to £1,000,000 from the previous £500,000. LONDON, 17-Jul-2017 — /EuropaWire/ — Based in the … Read the full press release

Accenture to help Fukuoka City rethink the current health and welfare policies of its aging population

TOKYO, Japan, 17-Jul-2017 — /EuropaWire/ — Accenture (NYSE:ACN) has helped Fukuoka City establish the strategic plan for “Fukuoka 100 ~ Living Healthy for 100-Years” initiatives to support the health and long-term care of its aging population. Fukuoka’s citizens are aging rapidly, with … Read the full press release

Zurich and Capgemini joint Robotic Process Automation (RPA) projects won the Information Services Group (ISG) Paragon Award

PARIS/ZURICH, 13-Jul-2017 — /EuropaWire/ — Zurich Insurance Company Ltd (Zurich), a leading multi-line insurer, and Capgemini, a global leader in consulting, technology and outsourcing, won the Information Services Group (ISG) Paragon Award™ Europe in the “Collaboration” category for their joint Robotic Process … Read the full press release

Georgette Fijneman succeeds Norbert Hoogers as Divisional Chair of the health insurer Zilveren Kruis

Zeist, Netherlands, 12-Jul-2017 — /EuropaWire/ — Georgette Fijneman has been appointed Divisional Chair of the health insurer, Zilveren Kruis, with effect from 1 August 2017. She succeeds Norbert Hoogers, who has decided to leave Achmea. Georgette Fijneman joined Achmea in March 2016 as … Read the full press release

Risk Frontiers 2017: Euler Hermes latest analysis on Africa’s economic performance

PARIS, 11-Jul-2017 — /EuropaWire/ — Euler Hermes, the global leader in trade credit insurance recently presented its latest analysis on Africa’s economic performance at a ‘Risk Frontiers 2017’ conference in London. Highlights of the speech by Stéphane Colliac, chief economist for … Read the full press release

Swiss Re makes ESG considerations an integral part of its investment process

Swiss Re is among the first in the re/insurance industry to switch to benchmarks that systematically integrate environmental, social and governance (ESG) criteria Publication launched today by Swiss Re explains why ESG integration makes economic sense for long term investors … Read the full press release

Swiss Re Institute’s latest sigma report: Global insurance premiums up 3.1% in real terms in 2016

Global insurance premiums increased by 3.1% in 2016; down from 4.3% growth in 2015. Life premium growth slowed to 2.5% and non-life to 3.7% in 2016, due to weaker performance in advanced markets Profitability in the life and non-life sectors … Read the full press release

Swiss Re Corporate Solutions and Bradesco Seguros officially started the joint venture operation in Brazil

Swiss Re Corporate Solutions Ltd and Bradesco Seguros S.A. have closed the transaction announced in October 2016; the joint venture has officially commenced operations in Brazil The commercial large-risk portfolio of Bradesco Seguros S.A. has been integrated into Swiss Re Corporate … Read the full press release

Félix Giorgetti and AG Real Estate to develop Goodyear’s future global innovation center and office buildings in Luxembourg

BRUSSELS, 06-Jul-2017 — /EuropaWire/ — Félix Giorgetti and AG Real Estate have signed a partnership in the form of a 30-year Design, Build, Finance and Maintain agreement (DBFM) to develop Goodyear’s future global innovation center and office buildings located at the new Luxembourg … Read the full press release

Peter Coleman appointed Financial Planning and Strategy Director at Prudential Financial Planning

LONDON, 04-Jul-2017 — /EuropaWire/ — Prudential Financial Planning announces today the appointment of Peter Coleman to its executive management team as Financial Planning and Strategy Director. Peter, latterly CFO at life and protection specialist Lifesearch, will have responsibility for developing and … Read the full press release

Prudential: World Bank Group’s IFC to raise $500 million Eastspring Investments for infrastructure projects in emerging markets

Hong Kong SAR, China, 04-Jul-2017 — /EuropaWire/ — IFC, a member of the World Bank Group, today signed an agreement with Eastspring Investments, the Asian asset management business of Prudential plc, to raise $500 million for an innovative IFC program that … Read the full press release

Munich Re joins the Pandemic Emergency Financing Facility (PEF)

Munich Re is a partner to PEF, a World Bank initiative to contain pandemic outbreaks in developing countries MUNICH, 04-Jul-2017 — /EuropaWire/ — Munich Re has joined forces with the World Bank, the World Health Organization and other financial sector companies … Read the full press release

Aegon to divest its two largest US run-off businesses

THE HAGUE, 03-Jul-2017 — /EuropaWire/ — Aegon has successfully completed its transaction with Wilton Re to divest its two largest US run-off businesses, the payout annuity business and the Bank Owned / Corporate Owned Life Insurance business (BOLI/COLI). The transaction … Read the full press release

Zurich Insurance Group exceeds current carbon emission and energy consumption targets

ZURICH, 03-Jul-2017 — /EuropaWire/ — Global insurer already exceeding current carbon emission and energy consumption targets and sets new ambitious targets to be achieved by 2025. Zurich Insurance Group (Zurich) has reached a great milestone in its ambition to limit … Read the full press release

Vienna Insurance Group launches comprehensive digitalisation project to be implemented within the Group

Launch of Genesis digitalisation project VIENNA, 23-Jun-2017 — /EuropaWire/ — Polish VIG Group company Compensa has launched the most comprehensive digitalisation project to be implemented within the Group. The total investment amount is around EUR 25 million and Vienna Insurance … Read the full press release

Triton Fund III company Mehiläinen and Finnish insurance company LocalTapiola start a strategic partnership

HELSINKI, 16-Jun-2017 — /EuropaWire/ — Mehiläinen, a Triton Fund III company, and LocalTapiola, a leading Finnish insurance company, will start a strategic partnership. The aim of the companies is to enable a more streamlined service for shared customers and to develop … Read the full press release

Transactor Global Solutions Limited to distribute a new household insurance scheme from specialist motor and property underwriting agency Tansar

WINCHESTER, 14-Jun-2017 — /EuropaWire/ — Insurance software provider Transactor Global Solutions Limited (TGSL) will be the first software house to distribute a new household insurance scheme from specialist motor and property underwriting agency, Tansar. The scheme will join TGSLs panel of … Read the full press release

Transactor Global Solutions Limited passed the system resilience review conducted by NCC Group on behalf of BIBA

WINCHESTER, 14-Jun-2017 — /EuropaWire/ — Insurance software provider Transactor Global Solutions Limited (TGSL) announces it has passed the system resilience review conducted by NCC Group on behalf of BIBA. NCC Group conducted a thorough assessment of TGSL’s policies, procedures and working … Read the full press release

Swiss Re: 20 new emerging risk themes and six emerging trends in this year’s SONAR re/insurance report

Swiss Re’s latest SONAR report features 20 new emerging risk themes and six emerging trend spotlights the re/insurance industry should have on its radar Reduced market access, regulatory fragmentation, the return of inflation, and cloud risk accumulation pose the largest … Read the full press release

Ageas reports the purchase of 155,446 Ageas shares on NYSE Euronext Brussels

BRUSSELS, 14-Jun-2017 — /EuropaWire/ — Further to the initiation of the share buy-back programme announced on 10 August 2016, Ageas reports the purchase of 155,446 Ageas shares on NYSE Euronext Brussels in the period from 05-06-2017 until 09-06-2017. Date Number ofShares … Read the full press release

Coface launches new customer portal

Bois-Colombes, France, 24-May-2017 — /EuropaWire/ — Coface’s new customer portal and fully revamped CofaNet online credit insurance contract management tool are being launched today. With the new solutions, customers will benefit from innovative features, unique access, customised content, advanced ergonomics, … Read the full press release