(IN BRIEF) Zurich Insurance Group has announced the appointment of Dirk De Nil as the Global Head of Zurich Resilience Solutions, effective from October 1, 2023. De Nil, currently the CEO of Zurich Benelux and Nordics, will succeed Hanno Mijer, … Read the full press release
(IN BRIEF) Aviva has agreed to sell its 25.9% stake in Singapore Life Holdings, along with two debt instruments, to Sumitomo Life Insurance for a total of £0.8 billion in cash. Sumitomo Life, already a 23.2% shareholder in Singlife, views … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged acquisition, Amanda Blanc, Aviva, partnership, Singapore Life Holdings, Sumitomo Life
(IN BRIEF) Aviva has introduced the Sustainable Business Coach, a digital tool aimed at assisting brokers in understanding their businesses’ environmental and societal impact. Developed in collaboration with non-profit organization Future-Fit and digital coaching firm Life Moments, the tool guides … Read the full press release
Posted in Business, Environment, Financial, Industrial, Insurance, Investment, Management, News, Non Profit, United Kingdom
Tagged Aviva, brokers, Future-Fit, Life Moments, partnership, Ryan Birbeck, sustainability, Sustainable Business Coach
(IN BRIEF) Nicola Ranger, Leader of the Resilience and International Development Program at the Environmental Change Institute, and Sibylle Steimen, Managing Director of Advisory & Services at Allianz Re, advocate for increased attention to climate resilience and adaptation. They emphasize … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Insurance, Investment, Management, Marketing, News
Tagged adaptation, Allianz, climate change, climate resilience, insurance industry, Nicola Ranger, Sibylle Steimen
(IN BRIEF) Coface’s latest survey on corporate payment experience in Germany indicates a return to normalcy in payment trends after the disruptions caused by the COVID-19 pandemic and the war in Ukraine. In 2023, more companies offered payment terms, resembling … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Industrial, Insurance, Investment, Management, News
Tagged COFACE, Financial, German companies, investment, Payment Trends
(IN BRIEF) Swiss Re is emphasizing the importance of enhanced underwriting data, improved modeling, and rebalancing the insurance value chain to ensure the sustainability of the reinsurance market. As the demand for re/insurance protection increases in a volatile environment, Swiss … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Gianfranco Lot, Moses Ojeisekhoba, Reinsurance Market, sustainability, Swiss Re, Urs Baertschi
(IN BRIEF) Allianz has released its first comprehensive net-zero transition plan, reaffirming its commitment to achieving net-zero emissions by 2050 in its investment and insurance portfolios and by 2030 in its operations. The plan includes 2030 intermediate targets for reducing … Read the full press release
(IN BRIEF) Aviva has collaborated with ITV to introduce a series of interactive ‘virtual puzzle’ advertisements aimed at illustrating how the insurance, wealth, and retirement company is addressing the financial challenges faced by individuals in the UK. The co-branded ads, … Read the full press release
Posted in Business, Education, Financial, Industrial, Insurance, Investment, Management, Marketing, Media, News, Technology, United Kingdom
Tagged advertisements, Aviva, Financial Solutions, Guy Edwards, Interactive Puzzle Ads, ITV, Mark Trinder, partnership, Phoebe Barter, virtual puzzle
(IN BRIEF) Nucleus Foundation has partnered with the Verve Foundation to sponsor and assist 10 women in the We Are Change program, which offers training and qualifications for those aspiring to enter the financial advice field. This initiative aims to … Read the full press release
(IN BRIEF) Jason, the current CEO of Aviva Canada, will be taking on a new role within the company. He has led Aviva Canada for four years, overseeing substantial growth and becoming a prominent player in the Canadian insurance market. … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Adam Winslow, Amanda Blanc, appointment, Aviva, Aviva Canada, CEO, Jason Storah, leadership, Tracy Garrad
(IN BRIEF) Swiss Re Reinsurance Solutions has partnered with Wysa to launch Wysa Assure, an AI-driven mental health support app. Combining Swiss Re’s risk expertise with Wysa’s AI technology, the app offers on-demand mental health assistance through an AI chatbot … Read the full press release
(IN BRIEF) AXA Group has launched its annual employee share offering named “Shareplan 2023” in 40 countries, inviting more than 110,000 employees to participate. The program allows employees to subscribe to shares issued through a capital increase reserved for employees. … Read the full press release
Posted in Business, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged 'Shareplan 2023', AXA, Employee Ownership, employee share offering, Financial, insurance, investment, THOMAS BUBERL
(IN BRIEF) Aegon N.V. has released the Agenda and Shareholder Circular for two upcoming Extraordinary General Meetings of Shareholders (EGM) scheduled for September 29 and September 30, 2023. The purpose of these meetings is to approve the decision to relocate … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Insurance, Management, Media, Netherlands, News
Tagged Aegon N.V., Bermuda, general meetings, relocation
(IN BRIEF) Aviva plc has announced its interim results for 2023, showcasing strong growth momentum across the group. The company achieved an 8% increase in group operating profit, with Solvency II own funds generation up by 26%. The results indicate … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged 2023 Interim Results, Amanda Blanc, Aviva, Financial, insurance, investment
(IN BRIEF) Initial global research findings by the International Olympic Committee (IOC) and Allianz reveal that 72% of young people consider playing sports important, while over 90% of parents recognize the physical and mental health benefits of sports participation for … Read the full press release
(IN BRIEF) Aviva, one of the largest insurers in the UK, is expanding its underwriting appetite to include engineered timber in commercial developments as part of its sustainability commitments. The company aims to support the construction and real estate sectors … Read the full press release
(IN BRIEF) Researchers at the University of York, in collaboration with parents and carers, are urging the UK government to reform the benefits system. Latest research by Changing Realities and the Institute for Public Policy Research (IPPR) reveals that over … Read the full press release
Posted in Business, Financial, Government, Insurance, Management, News, United Kingdom
Tagged Changing Realities, Dr Ruth Patrick, IPPR, Melanie Wilkes, partnership, reform, UK Benefits System, University of York
(IN BRIEF) Schroders plc has announced the appointment of Annette Thomas as an Independent Non-executive Director, effective from September 1, 2023. Annette has a distinguished career in leading global publishing and data analytics businesses, with expertise in information, data, education, … Read the full press release
(IN BRIEF) AXA, the insurance company, has introduced a new internal service called AXA Secure GPT, which is built on Microsoft’s Azure OpenAI Service. Developed in collaboration with Microsoft, this service offers AXA employees access to a secure digital platform … Read the full press release
Posted in Business, Financial, France, Industrial, Insurance, Investment, Management, News, Security & Safety, Technology
Tagged AXA, AXA Secure GPT, data security, employee, INNOVATION, Internal Secure AI Platform, Microsoft, partnership
(IN BRIEF) According to research by Aviva, financial advisers in the UK are largely prepared to evidence their work on Consumer Duty outcomes, with over 90% indicating that they have either completed or are currently working on providing evidence for … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Al Ward, Aviva, Consumer Duty, financial advisers, UK
(IN BRIEF) Aviva, the leading home insurer in the UK, has entered into an agreement with Barclays UK to acquire its home insurance portfolio, which consists of 350,000 customers. The acquisition will support Aviva’s growth in the retail insurance business … Read the full press release
Posted in Banks, Business, Financial, Insurance, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Aviva, Barclays Home Insurance, Owen Morris, partnership, Retail Insurance Business
(IN BRIEF) Allianz Global Corporate & Specialty (AGCS) and the commercial insurance businesses of local Allianz entities will now trade under the name “Allianz Commercial” as a single go-to-market business. This new global model offers insurance solutions for mid-sized businesses, … Read the full press release
Posted in Business, Financial, Germany, Insurance, Management, News, Small Business
Tagged Allianz, Allianz Commercial, Chris Townsend, Joachim Mueller, partnership, SMEs
(IN BRIEF) Aviva has successfully obtained a £120 million full scheme buy-in for the NTL 1999 Pension Scheme. This agreement allows Aviva to assume the defined benefit liabilities of approximately 650 members, mitigating the investment and longevity risks associated with … Read the full press release
(IN BRIEF) Aegon has disclosed that a coupon rate of 3.93894% has been established for the USD Perpetual Capital Securities. Due to the discontinuation of USD LIBOR, the calculation agent was unable to determine the necessary swap rates. As a … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, Coupon Rate, Financial
(IN BRIEF) Aviva, a leading insurance company, is supporting the next generation of tech talents through a new Technology Work Placement program for year 10 and year 11 students. The week-long placement, held at Aviva’s Bristol, Norwich, and York sites, … Read the full press release
Posted in Education, Insurance, Technology, United Kingdom
Tagged Communication, insurance, project management, students, teamwork, tech talents
(IN BRIEF) NatWest Group has set a goal to assist 10 million individuals each year in managing their financial wellbeing by 2027. They have already achieved a previous target of helping 2 million people save over £100 for the first … Read the full press release
Posted in Banks, Business, Financial, Insurance, Management, News, United Kingdom
Tagged Alison Rose, Ellen Miller, Financial Wellbeing, manage, NatWest Group, Theodora Hadjimichael
(IN BRIEF) NatWest has announced the availability of Tap to Pay on iPhone for eligible businesses across the UK. Through the NatWest Tap to Pay iOS app, businesses can seamlessly accept contactless payments using their iPhone, without the need for … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Management, News, Small Business, Technology, United Kingdom
Tagged Apple Pay, businesses, contactless payments, iPhone, Mark Brant, NatWest, SMEs, Tap to Pay, Tap to Pay iOS app, Tyl by NatWest, UK
(IN BRIEF) Swiss Re Institute’s latest sigma report highlights that emerging Asia, led by the reopening of China’s economy, is expected to be the main driver of global economic growth in the coming years. The report forecasts a growth rate … Read the full press release
Posted in Business, Economy, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged ASIA, CHINA, economy, Global Economic Growth, inflation, Jérôme Haegeli, Li Xing, Swiss Re
(IN BRIEF) Tokio Marine Kiln (TMK), a leading specialist insurer, announces key appointments and changes to expand its presence in the cyber market. Aoife Woulfe becomes the head of delegated cyber, focusing on developing TMK’s small and medium enterprise cyber … Read the full press release
(IN BRIEF) Tokio Marine Kiln (TMK) is launching its first apprenticeship scheme, providing school leavers with an opportunity to explore a career in insurance. The scheme offers a 2-3 year program in underwriting, claims, operations, or IT, with rotations across … Read the full press release
Posted in Business, Education, Insurance, News, United Kingdom
Tagged apprenticeship, Ben Langton, career in insurance, career opportunities, Elisabeth Ibeson, school leavers, TMK, Tokio Marine Kiln
(IN BRIEF) Zurich Insurance Group has announced a strategic partnership with Qover, a Belgium-based insurtech, through Zurich Global Ventures. As part of the collaboration, Zurich is joining Qover’s Series C funding round. Qover, founded in 2016, offers a technology-enabled distribution … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged innovative, insurance, Jack Howell, partnership, Qover, Quentin Colmant, Zurich Global Ventures, Zurich Insurance Group
(IN BRIEF) Allianz has introduced two new initiatives aimed at helping women overcome financial barriers in pursuing professional football careers. A survey by Allianz revealed that 64% of women are prevented from pursuing their passion due to financial obstacles. To … Read the full press release
Posted in Business, Financial, Germany, Insurance, Management, News, Society, Sports
Tagged Alessandra Jovy-Heuser, Allianz, Financial Obstacles, Professional Football, Squared Ball campaign, WOMEN
(IN BRIEF) Aegon has announced the successful completion of its consolidation with a.s.r., combining its Dutch pension, life and non-life insurance, banking, and mortgage origination activities. In exchange for the consolidation, Aegon received EUR 2.2 billion in cash and a … Read the full press release
Posted in Banks, Business, Financial, Insurance, Investment, Management, Netherlands, News
Tagged a.s.r., Aegon, Lard Friese, Netherlands
(IN BRIEF) Generali, as the presenting sponsor of the Barcolana sailing event, is supporting sustainability, diversity, equity, and inclusion. The event, organized by the Barcola and Grignano Sailing Club, will include the ‘Generali Women in Sailing’ Trophy, awarded to the … Read the full press release
Posted in Awards, Insurance, Italy, Marketing, Media, Sports
Tagged #WomenInSailing, Andrea Sironi, Barcolana, Barcolana 55, climate change, Dee Caffari, diversity, equity, female skipper, gender equality, Generali, Generali Women in Sailing, Grignano Sailing Club, Inclusion, sailing, sailing event, sustainability, Vicky Song, Wendy Schmidt, women sailors
(IN BRIEF) Allianz Trade has conducted a study revealing a significant gap between perceived and actual inflation rates, with Germany experiencing the widest disparity. The study shows that perceived inflation in the eurozone is nearly three times higher than the … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Insurance, Switzerland
Tagged Actual Inflation, Allianz Trade, divergent inflation rates, Eurozone, inflation, Perceived Inflation
(IN BRIEF) James Hillman has been appointed as the Chief Risk Officer of Aviva plc, a global insurance company. Currently serving as the CFO of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, Hillman … Read the full press release
Posted in Business, Financial, Insurance, Management, United Kingdom
Tagged Amanda Blanc, appointment, Aviva plc, Chief Risk Officer, insurance, investments, James Hillman, Lloyds Banking Group, pensions, Scottish Widows
(IN BRIEF) Swiss Re Reinsurance and Des Moines-based insurtech Benekiva have formed a strategic partnership to create an Integrated Claims Management Platform that combines Benekiva’s claims administration system with Swiss Re’s Claims Automated Rules Engine. The end-to-end platform supports digital … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged Benekiva, Brent Williams, Carl Christensen, Claims Management Solution, partnership, Swiss Re
(IN BRIEF) The Art Studio at Venice’s Procuratie Vecchie in St. Mark’s Square is displaying ‘The Hungriest Eye – The Blossoming of Potential’ by Arthur Duff from April 15, 2023, until March 10, 2024. The artwork is an interactive representation … Read the full press release
(IN BRIEF) Mark Hastings has joined Nucleus as the new leader of the finance team’s day-to-day operations, including financial planning and analysis, financial control, and treasury. This is a newly created role, and he will report to Mike Regan, the … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged appointment, financial services, leadership, Mark Hastings, Mike Regan, nucleus
(IN KÜRZE) Allianz Trade, der weltweit führende Warenkreditversicherer, hat seinen Global Insolvency Report veröffentlicht, der einen Anstieg der weltweiten Insolvenzen um +21 % im Jahr 2023 und einen weiteren Anstieg um +4 % im Jahr 2024 prognostiziert. Der Bericht warnt … Read the full press release
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