Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

Enel X teams up with Neosurance and Net Insurance to introduce its first on-demand and pay-per-use theft insurance for homes

The partnership between the three companies enables the integration of smart home services with latest generation insurance services The smart home market is already worth 500 million euros in Italy alone, with security as the number one reason for purchase … Read the full press release

Lindner Group’s Corporate Health Management earns Silver award from AOK Bayern

(PRESS RELEASE) ARNSTORF, 8-Jul-2021 — /EuropaWire/ — Leading company for the building envelope, interior fit-out and insulation, Lindner Group announces that its Corporate Health Management (BGM) at its headquarters in Arnstorf, Germany has been evaluated by the health insurance AOK … Read the full press release

Hong Kong’s Innovation and Technology Venture Fund Becomes Strategic Financial Investor of Ignatica

The Innovation and Technology Venture Fund (ITVF) invested in its first insurtech startup, Switzerland, and Hong Kong-based Ignatica, the insurance policy administration platform. (PRESS RELEASE) ZÜRICH, 7-Jul-2021 — /EuropaWire/ — Ignatica, the insurance policy administration platform that offers digital self-service … Read the full press release

Aviva report on the impact of the Covid-19 pandemic on UK workers

Employee life satisfaction has dropped by 10 percentage points since the start of the pandemic almost three in five are neglecting their physical health due to work and half said they don’t know how much to save for retirement. However, … Read the full press release

Aviva’s property and facilities director Stuart Wright awarded the Living Wage Lifetime Achievement Award

Stuart guided Aviva to its accreditation in 2012, and then oversaw the insurer becoming a Principal Partner organisation and joining the Foundation’s Advisory Council in 2014 In 2016, Stuart demonstrated his commitment to the movement by becoming the second Chair … Read the full press release

Aegon names Allegra van Hövell-Patrizi as CEO of Aegon the Netherlands

(PRESS RELEASE) THE HAGUE, 15-Jun-2021 — /EuropaWire/ — Dutch multinational life insurance, pensions and asset management company, Aegon announces the appointment of Allegra van Hövell-Patrizi (1974) as the new CEO of Aegon the Netherlands. Allegra succeeds Maarten Edixhoven and is … Read the full press release

Aviva completes sale of its entire shareholding in AvivaSA Emeklilik ve Hayat AS

(PRESS RELEASE) LONDON, 6-May-2021 — /EuropaWire/ — British multinational insurance company Aviva plc (“Aviva”) announces completion of sale of its entire 40% shareholding in the Turkish life insurance and pensions joint venture, AvivaSA Emeklilik ve Hayat AS (“AvivaSA”), to Ageas … Read the full press release

Allianz releases Sustainability Report 2020, new climate strategy and targets

High customer satisfaction, most attractive employer in the insurance industry and more female managers  Significant reduction in greenhouse gas emissions from business operations   Expansion of guidelines for carbon-based business models in property and casualty insurance and proprietary investments from 2023 … Read the full press release

Leading reinsurer Swiss Re and automotive technology company Veoneer partner over advanced driver assistance systems (ADAS)

Leading reinsurer and automotive technology company join forces on assessment of ADAS technology Veoneer to profit from Swiss Re’s data and knowledge to improve ADAS technology Veoneer’s expertise on ADAS hardware and software technologies to feed into and enhance Swiss … Read the full press release

LV= survey reveals how millions of Brits have become forced savers during the coronavirus pandemic

72% (38m) UK adults said that in the last 12 months their household saved money as a result of reduced spending due to Covid-19 (E.g. reduced commuting costs, childcare costs, eating out costs Those that saved money saved on average … Read the full press release

AXA’s Board of Directors appoints Antoine Gosset-Grainville as Chairman effective on Denis Duverne’s retirement in April 2022

Successful conclusion of a comprehensive succession process (PRESS RELEASE) PARIS, 12-Mar-2021 — /EuropaWire/ —  French multinational insurance firm AXA announces that Antoine Gosset-Grainville will succeed Denis Duverne, as Chairman of AXA’s Board of Directors, as the latter will retire at … Read the full press release

Aviva announces the sale of its remaining Life and General Insurance businesses in Italy

(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

Allianz to consolidate its leading position in the Italian P/C market with the acquisition of Aviva Italia S.p.A.

Allianz to acquire the Italian P/C entity of Aviva Group, including  almost 500 agents Transaction worth 330 million euros (PRESS RELEASE) MILAN, 4-Mar-2021 — /EuropaWire/ — Allianz S.p.A. announces the acquisition of Aviva Italia S.p.A., the Italian P/C entity of … Read the full press release

Aviva commits to become a Net Zero carbon emissions company by 2040

Aviva takes on the most demanding target of any major insurance company in the world today (PRESS RELEASE) LONDON, 1-Mar-2021 — /EuropaWire/ — British multinational insurance company Aviva announces its plan to become a Net Zero carbon emissions company by … Read the full press release

Aviva announces new partnership agreement with UK cancer charity Macmillan Cancer Support

(PRESS RELEASE) LONDON, 15-Feb-2021 — /EuropaWire/ — British multinational insurance company Aviva to help its protection customers living with cancer get access to the emotional, clinical and financial support they need through a new partnership agreement with leading UK cancer … Read the full press release

Fondazione Italiana Accenture joins The Human Safety Net and Generali Italia to help non-profit sector in Italy reach even more vulnerable families through digitalisation

(PRESS RELEASE) TRIESTE/ MILAN, 1-Feb-2021 — /EuropaWire/ — One of the largest global insurance and asset management providers, Generali announces a new partnership between The Human Safety Net and Fondazione Italiana Accenture to accelerate the digitalisation process of the non-profit … Read the full press release

Aviva appoints Mark Versey as new leader of Aviva Investors

(PRESS RELEASE) LONDON, 4-Jan-2021 — /EuropaWire/ — British multinational insurance company Aviva announces the appointment of Mark Versey as Chief Executive of Aviva Investors, effective immediately*. Mark, currently Chief Investments Officer, Real Assets, at Aviva Investors will join Aviva’s Group … Read the full press release

Aviva closes divestment of entire shareholding in Aviva Life Insurance Company Limited (“Blue”)

(PRESS RELEASE)LONDON, 10-Dec-2020 — /EuropaWire/ — British multinational insurance company Aviva plc announces the completion of sale of its entire shareholding in its Hong Kong joint venture, Aviva Life Insurance Company Limited¹ (“Blue”). The buyer is its joint venture partner, … Read the full press release

AXA to divest its operations in the Gulf region to Gulf Insurance Group

(PRESS RELEASE) PARIS, 30-Nov-2020 — /EuropaWire/ — French multinational insurance firm AXA has entered into an agreement with Gulf Insurance Group (“GIG”) for the sale of its insurance operations in the Gulf region, this includes its shareholding¹ in AXA Gulf, … Read the full press release

Aviva plc to sell its holdings in Aviva Vita to UBI Banca for €400 million

(PRESS RELEASE) LONDON, 23-Nov-2020 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced that it will divest its entire 80% shareholding in the Italian life insurance joint venture, Aviva Vita S.p.A., to its partner UBI … Read the full press release

Aviva welcomes Mohit Joshi and Jim McConville to its Board of Directors

(PRESS RELEASE) LONDON, 21-Oct-2020 — /EuropaWire/ — Multinational insurance company, Aviva plc announces the appointment of Mohit Joshi and Jim McConville as Independent Non-Executive Directors of the Company with effect from 1 December 2020. Jim and Mohit bring significant experience … Read the full press release

Robeco appoints Clara Yan as Head of Insurance Analytics

(PRESS RELEASE) ROTTERDAM, 20-Oct-2020 — /EuropaWire/ — Asset management firm, Robeco strengthens its Insurance team with the appointment of Clara Yan as Head of Insurance Analytics. Ms. Yan reports to Ed Collinge, Robeco’s Global Head of Insurance Strategy. In this … Read the full press release

Aegon sells Stonebridge to Global Premium Holdings group for EUR 65 million

(PRESS RELEASE) THE HAGUE, 9-Oct-2020 — /EuropaWire/ — Dutch multinational life insurance, pensions and asset management company Aegon announces the divestment of Stonebridge, a UK-based provider of accident insurance products, for a total proceeds amount to approximately GBP 60 million … Read the full press release

Credit Suisse study: pension situation in Switzerland likely to deteriorate considerably in the future without far-reaching reforms

(PRESS RELEASE) ZURICH, 22-Sep-2020 — /EuropaWire/ — Credit Suisse (SWX: CSGN), a global wealth manager, investment bank and financial services firm, has released its study on retirement provision in Switzerland showing that the path to early retirement is becoming more difficult. … Read the full press release

Zurich to plant 1 million trees to restore biodiversity at Brazil’s Atlantic Forest

(PRESS RELEASE) ZURICH, 21-Sep-2020 — /EuropaWire/ — Zurich Insurance Group (Zurich) announces an exclusive reforestation sponsorship in The Atlantic Forest initiative in Brazil. The targeted, sustainable reforestation project will see 1 million trees planted to transform a barren farmland back … Read the full press release

Allianz Benelux (Belgium) to transfer closed book of classical life retail insurances and 4,500 mortgage loans to Monument Assurance Belgium (MAB)

Allianz successfully executing its Life strategy to move to modern capital light insurance products, mainly Branch 23 and protection in Belgium As a next step Allianz is to sell 95,000 policies that are part of its closed classical life retail … Read the full press release

Zurich launches Global Business Platforms unit to expand digital services worldwide

Zurich accelerates development of digital services, creating a new unit to attract additional customers and meet their rapidly changing needs Jack Howell, CEO Asia Pacific (APAC), to lead the new Global Business Platforms unit focusing on digital services Ericson Chan, … Read the full press release

Aktia Life Insurance’s Director of Business Development Riikka Luukko becomes the insurer’s new CEO

(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

Euler Hermes on Norwegian government’s NOK 20 billion (~ EUR 1.9 billion) support of the intercompany trade credit market

Landmark NOK 20bn support scheme agreed between government and private sector insurers Norwegian businesses will continue to benefit from extensive credit cover as economy emerges from lockdown (PRESS RELEASE) OSLO, 24-Jul-2020 — /EuropaWire/ — The world leader in trade credit … Read the full press release

Aviva sells 76% shareholding in Friends Provident International Limited (“FPIL”) to International Financial Group Limited (“IFGL”) for £259 million

(PRESS RELEASE) LONDON, 16-Jul-2020 — /EuropaWire/ — British multinational insurance company, Aviva plc (“Aviva”) announces the closing of the sale of Friends Provident International Limited (“FPIL”) to RL360 Holding Company Limited (“RL360”), a subsidiary of International Financial Group Limited (“IFGL”). … Read the full press release