Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

OP Financial Group Partners with Accenture to Transform Pohjola Insurance with Cloud and AI Solutions

(IN BRIEF) OP Financial Group has expanded its partnership with Accenture to modernize Pohjola Insurance, focusing on enhancing agility, operational efficiency, and customer experience. The collaboration includes implementing a cloud-based Guidewire platform to streamline IT applications, generate operational savings, and … Read the full press release

EU Report Urges Enhanced Insurance and Climate Adaptation to Mitigate €28 Billion Annual Losses in Agriculture

(IN BRIEF) The EIB and European Commission’s report reveals that the EU agricultural sector faces annual losses of more than €28 billion due to adverse weather, with potential increases of up to 66% by 2050 due to climate change. The … Read the full press release

Aviva Urges Homeowners to Create Flood-Resilient Gardens as Chelsea Flower Show 2025 Unveils British Rainforest Garden

(IN BRIEF) As part of its commitment to sustainability, Aviva encourages homeowners to consider climate-resilient materials for their gardens, particularly in light of the risks associated with impermeable surfaces like artificial grass. Research commissioned by Aviva shows that many homeowners … Read the full press release

Vienna Insurance Group Submits Bid to Acquire Majority Stake in Moldova’s Leading Non-Life Insurer MOLDASIG

(IN BRIEF) Vienna Insurance Group (VIG) has submitted a bid to acquire 80% of MOLDASIG S.A., one of Moldova’s leading non-life insurance companies, as part of a multi-stage process initiated by the Moldovan government. With a market share of approximately … Read the full press release

Aviva’s Group Income Protection Helps Over 2,600 Employees Return to Work in 2024

(IN BRIEF) Aviva’s 2024 Group Protection Claims and Wellbeing Insight Report reveals that over 2,600 employees received vocational rehabilitation support, with 86% returning to work. The report highlights mental health, cancer, and musculoskeletal claims as key focus areas, with a … Read the full press release

Generali Appoints New Board Committees and Reviews Mediobanca’s Exchange Offer on Banca Generali Shares

(IN BRIEF) Generali’s Board of Directors has established the Board Committees, appointed their members, and reviewed the public voluntary exchange offer from Mediobanca regarding Banca Generali’s shares. Additionally, the Board has appointed the new administrative body for The Generali Human … Read the full press release

Allianz Group and Allianz Turkey Invest Over €2 Million in New Dormitory Project to Empower Girls Through Education

(IN BRIEF) Allianz Group and Allianz Turkey have invested over €2 million in a new dormitory project in collaboration with the Koruncuk Foundation. Located in Istanbul, the dormitory will provide a safe and nurturing environment for girls in need, offering … Read the full press release

Swiss Re Appoints Bernhard Kaufmann as New Group Chief Risk Officer, Effective October 2025

(IN BRIEF) Swiss Re has announced the appointment of Bernhard Kaufmann as its next Group Chief Risk Officer, effective 1 October 2025. Kaufmann, who currently holds the same role at Helvetia and has served as CRO at NN Group and … Read the full press release

Swiss Re Appointed as Co-Investment Manager for GAM’s ILS Funds, Enhancing Cat Bond Expertise

(IN BRIEF) Effective 7 May 2025, Swiss Re, through its subsidiary SRILIAC, will co-manage GAM’s insurance-linked security funds, including the GAM Star Cat Bond UCITS Fund. This partnership involves managing approximately USD 3 billion in assets from GAM’s ILS funds … Read the full press release

SABIO GROUP TAKES IT’S ‘DISRUPT’ CX PROGRAMME ACROSS EUROPE

(IN BRIEF) Sabio Group announced that its highly regarded “Disrupt” digital customer experience transformation programme is expanding across Europe in 2025, now reaching three major cities: Madrid, London, and Paris. This expansion comes as the CX industry faces rapid AI … Read the full press release

Prudential and Vama Forge New Health Insurance Venture to Propel India’s ‘Insurance for All’ Ambitions

(IN BRIEF) Prudential plc has announced a joint venture with Vama Sundari Investments (Delhi) Private Limited to establish a standalone health insurance business in India. Under the new arrangement, Prudential Group Holdings Limited will hold a 70% stake, while Vama … Read the full press release

Commission Report Urges State Vocational Rehabilitation and Corporate Transparency for Healthier Working Lives

  (IN BRIEF) The final report from the Commission for Healthier Working Lives, set up by the Health Foundation, has been released after a nine-month study. Aviva was actively involved in the process, providing evidence on maintaining employee health and … Read the full press release

Aviva Study Reveals Critical Gaps in UK Women’s Ovarian Cancer Awareness, Urges Early Detection

  (IN BRIEF) Aviva’s recent research, conducted during Ovarian Cancer Awareness Month, reveals significant gaps in the knowledge of ovarian cancer symptoms among UK women. The study found that 62% of women overall, and 73% of those over 55, feel … Read the full press release

VIG Bolsters Polish Market Dominance with Strategic Investment in Leading Financial Broker

(IN BRIEF) Vienna Insurance Group is strengthening its market position in Poland through a strategic investment in Phinance, a leading financial broker with an extensive network of customers and consultants. This move comes on the heels of the 2024 merger … Read the full press release

Prudence Foundation Unveils D-Tech Awards and AVPN Alliance to Accelerate Climate & Health Innovation

(IN BRIEF) Prudence Foundation, the community investment arm of Prudential plc, has announced the return of the SAFE STEPS Disaster Tech Awards for 2025. The awards, which feature two tracks—“Climate & Health” and “Smart Resilience”—will be held on 11 June … Read the full press release

Aegon Unveils Transformative Community Investment Initiative in Bermuda

(IN BRIEF) Aegon has unveiled a new community investment program in Bermuda through a partnership with local organizations. The initiative is geared toward reinforcing the local economy by funding projects that improve education, infrastructure, and job creation. Beyond just capital … Read the full press release

MAPFRE RE Partners with CyberCube to Boost Cyber Risk Management Capabilities

(IN BRIEF) MAPFRE RE has signed a three-year licensing deal with CyberCube to integrate its advanced cyber risk management tools, including a cyber accumulation solution, into its operations. This strategic partnership aims to enhance MAPFRE RE’s ability to assess and … Read the full press release

Rothesay Commits £150m to Boost UK Social Housing Retrofit with NWF and THFC

(IN BRIEF) Rothesay has committed £150m to a new unsecured debt facility for social housing retrofitting, launched by the National Wealth Fund (NWF) and The Housing Finance Corporation (THFC). The facility, with an initial £150m guarantee from the NWF, enables … Read the full press release

Barclays UK Appoints Jatin Patel to Lead Mortgages, Savings, and Insurance Business

(IN BRIEF) Barclays UK has appointed Jatin Patel to lead its mortgages, savings, and insurance division. Jatin brings over 20 years of experience in retail financial services, having held leadership positions at organizations like TSB Bank and Lloyds. He succeeds … Read the full press release

Prudential Joins Forces with MDRT in Strategic Three-Year Sponsorship to Empower Agents and Drive Agency Growth

(IN BRIEF) Prudential has announced a three-year premier sponsorship with the Million Dollar Round Table (MDRT) to support the professional growth of its agents. This collaboration will provide access to exclusive resources, bespoke development opportunities, and the launch of the … Read the full press release