(IN BRIEF) At the Rendez-Vous de Septembre in Monte Carlo, Swiss Re has highlighted how climate change, geopolitical uncertainty, and artificial intelligence are reshaping the global re/insurance market. The company warns that insured losses from natural catastrophes, which have exceeded … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Economy, Financial, Government, Industrial, Insurance, Investment, Management, Marketing, News, Switzerland, Technology
Tagged AI in underwriting, artificial intelligence, climate change, economic resilience, geopolitical risks, Gianfranco Lot, insurance industry, mitigation, Monte Carlo 2025, natural catastrophe losses, prevention, Public-Private Partnerships, Reinsurance Market, Rendez-Vous de Septembre, risk management, Swiss Re, Swiss Re Institute, Urs Baertschi
(IN BRIEF) Aviva has completed a £134 million bulk purchase annuity with the Quest UK Pension Scheme, securing the pensions of over 440 members sponsored by Givaudan UK Limited. This marks the second risk transfer between Aviva and Givaudan, following … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Aon, Aviva, BPA, bulk purchase annuity, Christian Frener, defined benefit, Givaudan International SA, Givaudan UK Limited, HSF Kramer, Ian Messenger, insurance buy-in, Jamil Merali, member security, partnership, Pension Risk Transfer, Quest UK Pension Scheme, retirement solutions, Sean Rooney, UK pensions market
(IN BRIEF) Vienna Insurance Group (VIG) has acquired 80% of Moldasig following a successful public auction, making it the market leader in Moldova with around 30% share. The Share Purchase Agreement with the Moldovan state finalises VIG’s acquisition plan announced … Read the full press release
Posted in Austria, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, Marketing, Moldova, News, Technology
Tagged acquisition, competition authority, Donaris, European integration, financial services, insurance market, Market leader, Moldasig, non-life insurance, partnership, Peter Höfinger, Republic of Moldova, Vienna Insurance Group, VIG
(IN BRIEF) Aviva has finalised a £700 million bulk purchase annuity buy-in with the ABB Plan, securing pension benefits for more than 7,300 members. The transaction, completed in July 2025, included a £620 million in-specie transfer of corporate bonds and … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged ABB Limited, ABB Plan, Andy Morley, automation, Aviva, BPA, bulk purchase annuity, buy-in, Carolan Dobson, corporate bonds, deferred members, electrification, Eversheds, in-specie asset transfer, Julie Priestley, LCP, Lee House, partnership, pension risk management, pension security, pensioner members, Ricky Patel, Shelly Beard, UK gilts, WTW
(IN BRIEF) Aviva and Tesco Insurance & Money Services have partnered to launch a new life insurance product for Tesco customers and Clubcard members. The plan, available online and in stores, features cover starting at £5 per month, a 5-star … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Aviva, Ban Mahsoub, Clubcard, customer rewards, Daren Boys, Defaqto 5-star rating, financial protection, insurance partnership, life insurance, partnership, Tesco, Tesco Insurance & Money Services, tescoinsurance.com, UK families, wellbeing services
(IN BRIEF) The UK P&I Club has opened a new office in Newcastle to leverage the area’s rich pool of maritime and insurance talent. The initial team includes Senior Underwriting Director Emma Liddell and Senior Claims Executives Julie Pichler and … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Andrew North, City of London presence, claims, Emma Liddell, graduate talent, Julie Pichler, Lisa Gibbard, maritime industry, Newcastle, Northeast England, office opening, partnership, recruitment, UK P&I Club, underwriting
(IN BRIEF) In July 2025, Rothesay completed a £900 million buy-in with the National Grid UK Pension Scheme, covering 7,130 pensioners and dependants and bringing the Scheme’s total liabilities covered by Rothesay to £4.5 billion. Rothesay’s asset management team sourced … Read the full press release
Posted in Business, Financial, Government, Industrial, Insurance, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Aon, asset management, Chris Martin, CMS, de-risking, dependants, GIC, Jonathan Camfield, LCP, liability matching, MassMutual, Mike Edwards, National Grid UK Pension Scheme, partnership, Pensioners, pensions insurance specialist, Ralph McClelland, Roisin O’Shea, Rothesay, Sackers, sustainability
(IN BRIEF) Aviva has upgraded its Freight Liability insurance, now live on Acturis E‑Trade and Fast Trade, introducing higher coverage limits, a wider array of carriage conditions (including Logistics UK and BIFA), and a new ‘economy’ cover for lower‑risk goods. … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, Marketing, News, Technology, Transportation & Logistics, Travel, United Kingdom
Tagged Acturis E‑Trade, Aviva, BIFA, brokers, conditions of carriage, cover limits, digital transformation, dual‑platform specialty insurer, economy cover, Errors & Omissions, Fast Trade, Freight Liability, Global Corporate & Specialty, Logistics UK, Marine insurance, underwriters
(IN BRIEF) Barnet Council has obtained permission to build 130 council-owned Build-to-Rent homes at Bunns Lane, Mill Hill—50 percent of which will be affordable. Partnering with Aviva Capital Partners and developer Stories, the scheme includes public spaces, visitor parking, and … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged affordable housing, Aviva Capital Partners, Barnet Council, biodiversity gain, Build-to-Rent, Bunns Lane, council-owned homes, Mill Hill, net-zero operational emissions, partnership, Passivhaus, Public Private Partnership, Richard Meier, Ross Houston, Sophie White, Stories, Sustainable Design, Sustainable Urban Drainage, sustanability
(IN BRIEF) Aviva Capital Partners and Moda Group, in partnership with NatWest, Homes England, and the WMCA, have secured over £200 million to develop Stone Yard, a build-to-rent community in Digbeth, Birmingham. Phase one will deliver 605 high-quality rental homes … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged affordable housing, Aviva Capital Partners, Birmingham, BREEAM, brownfield regeneration, Build-to-Rent, Caddick Construction, community amenities, Digbeth, Discounted Market Rent, Eastside Metro extension, Fitwel, Home Building Fund, Home Quality Mark, Homes England, HS2 Curzon Street Station, Moda Group, NatWest, partnership, Stone Yard, Strategic Place Partnership, sustainability, sustainable development, West Midlands Combined Authority
(IN BRIEF) During the FfD4 conference in Seville, the EIB announced expanded collaborations with the World Food Programme, the FAO, and the Global Alliance Against Hunger and Poverty to tackle food insecurity, promote sustainable agriculture, and build resilience against climate … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Luxembourg, Management, Marketing, Media, News, Small Business, Technology
Tagged agrifood lending pipeline, Ambroise Fayolle, climate risk insurance, EIB, ETHIOPIA, European Investment Bank, FAO, Food and Agriculture Organization, Global Alliance Against Hunger and Poverty, Mohamed Manssouri, partnership, Rania Dagash-Kamara, rural finance, SDG 1, SDG 2, Seville Action Platform, smallholder farmers, social protection, sub-Saharan Africa, sustainability, sustainable agriculture, Technical Assistance, WFP, women's empowerment, World Food Programme, €110 million credit line
(IN BRIEF) Patrick Tiernan, CEO of Lloyd’s, has been named Vice-Chair of the Reinsurance Advisory Board (RAB), succeeding John Neal. Tiernan’s background as Lloyd’s Chief of Markets and roles at Aviva, StarStone and Zurich position him to guide the RAB … Read the full press release
Posted in Banks, Belgium, Business, Economy, Financial, Industrial, Insurance, Investment, Management, Marketing, News, Technology
Tagged appointment, climate change, digital transformation, Gen Re, geopolitical risk, global risk transfer, Hannover Re, Insurance Europe, insurance-linked capital, John Neal, leadership, Lloyd’s, Munich Re, PartnerRe, Patrick Tiernan, RAB, regulatory frameworks, Reinsurance Advisory Board, SCOR, Swiss Re, Thierry Léger, traditional reinsurance, Vice-Chair
(IN BRIEF) Schroders has announced four senior leadership changes to bolster its client-first strategy. Karine Szenberg will become Executive Vice Chair, focusing on strategic alliances and maintaining her place on the Group Executive Committee. Matt Oomen joins as Global Head … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Investment, Management, News, Technology, United Kingdom
Tagged appointment, Asia leadership, Asia wealth, asset management, BNY Investments, client relationships, Country Head Hong Kong, digital transformation, Executive Vice Chair, Global Head of Client Group, Gopi Mirchandani, Group Executive Committee, Head of Client Group Asia, Jason Yu, Karine Szenberg, leadership, Matt Oomen, Richard Oldfield, Schroders
(IN BRIEF) Gard will restructure its organisation on 1 September 2025, replacing traditional silos with five client-centric syndicates—Nordics; Asia; Europe; Greece, Americas & London; and Specialty—each combining underwriting and claims expertise under seasoned executives. Christen Guddal and Bjørnar Andresen will … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, Marketing, News, Norway, Technology
Tagged André Kroneberg, appointment, Audun Pettersen, Bjørnar Andresen, CFO, Chief Legal Officer, Christen Guddal, Christian Prichard-Davies, claims, client focus, complex claims, ENERGY, Gard, industry impact, Ingvild Høgenes Nilsen, investments, Kristian Dalane, Lars Lislegard-Bækken, leadership, Line Dahle, marine, market-aligned, organisational restructuring, P&I, People Strategy, reinsurance, Rolf Thore Roppestad, Supervisory Board, syndicates, Torunn Biller White, underwriting
(IN BRIEF) Tikehau Capital, in partnership with Société Générale Assurances, CNP Assurances, and the CARAC Group—and with backing from the French Ministry of Defense and the DGA—has introduced Tikehau Défense et Sécurité, a €150 million Article 8 fund dedicated to … Read the full press release
Posted in Banks, Business, Defence, Economy, Financial, France, Government, Industrial, Insurance, Investment, Management, News, Security & Safety, Technology
Tagged aeronautics, Article 8 fund, CARAC Group, CNP Assurances, Cybersecurity, defense industry, Directorate General of Armaments, ELTIF 2.0, evergreen structure, French Ministry of Defense, partnership, Philippe Perret, private debt, private equity, security sector, Société Générale Assurances, strategic autonomy, TDS, Tikehau Capital, Tikehau Défense et Sécurité, unit-linked investment
(IN BRIEF) Swiss Re’s 2025 SONAR report identifies extreme heat as a leading emerging risk, attributing up to 500,000 deaths annually to heatwaves—more than floods, quakes, and hurricanes combined. The report traces rising severity and duration of heat events, notes … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, Marketing, Media, News, Switzerland, Technology
Tagged agricultural impact, AI incidents, energy sector risks, extreme heat, heatwave mortality, institutional trust, Jérôme Haegeli, liability litigation, Patrick Raaflaub, SONAR report 2025, Swiss Re, telecommunications vulnerabilities, toxic fungi, USD 78.5 billion losses, wildfires, workers’ compensation
(IN BRIEF) Capgemini and Dai-ichi Life Holdings have signed a long-term agreement to establish a Global Capability Center in India, designed to accelerate Dai-ichi Life Group’s digital transformation by leveraging India’s skilled workforce. The GCC will initially serve the insurer’s … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, France, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, Marketing, News, Technology
Tagged AI, Aiman Ezzat, Build-Operate-Transfer, Capgemini, customer experience, Cybersecurity, Dai-ichi Life Holdings, data analytics, digital transformation, Global Capability Center, global delivery, INDIA, infrastructure modernization, multi-year agreement, Operational Efficiency, partnership, software development, Tetsuya Kikuta
(IN BRIEF) MAPFRE has made significant strides toward its climate goals, cutting its operational carbon footprint by 25% in 2024—far exceeding its annual reduction target. Through a wide array of global offset projects, the company neutralized 80% of its footprint … Read the full press release
Posted in Business, Environment, Financial, Industrial, Insurance, Investment, News, Spain, Technology
Tagged 2024 carbon footprint, biodiversity, Brazil, carbon offset, climate change, Corporate GHG Compensation Strategy, deforestation, Envira Amazonia, environmental strategy, forest management, Germany, GHG reduction, Italy, MAPFRE, Mexico, net zero, PERU, PORTUGAL, Puerto Rico, Regenerative Agriculture, Serra do Caramulo, Spain, sustainability, Turkey, United States, wind energy
(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
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Finland, Government, Industrial, Insurance, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, AI-driven transformation, automation, business modernization, cloud-based solutions, customer experience, digital transformation, Finland, generative AI, Guidewire platform, insurance innovation, non-life insurance, OP Financial Group, partnership, Pohjola Insurance
(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
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Luxembourg, Management, News, Technology
Tagged adaptation measures, agriculture finance, agriculture resilience, CAP, climate change, Climate risks, crop losses, EU agriculture, EU policy, European Commission, European Investment Bank, farm insurance, food production, insurance coverage, partnership, Public-Private Partnerships, risk management, rural infrastructure, sustainability
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