Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

UK P&I Club Opens Newcastle Office to Tap Northeast Maritime Talent

(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

Rothesay Insures £900 Million More of National Grid Pension Liabilities, Protecting 7,130 Retirees

(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

Aviva Launches Upgraded Freight Liability Insurance with Expanded Cover Conditions and Economy Option

(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

Barnet Council to Deliver 130 Council-Owned Build-to-Rent Homes in Partnership with Aviva and Stories

(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

Aviva Capital Partners and Moda Secure Over £200 Million to Deliver Nearly 1,000 Build-to-Rent Homes with 20 Percent Affordable Units in Digbeth

(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

EIB and WFP Launch Climate-Risk Insurance Partnership in Ethiopia and Expand Food Security Initiatives

(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

Insurance Europe Hails Lloyd’s CEO Patrick Tiernan as New RAB Vice-Chair

(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

Schroders Appoints Karine Szenberg as Executive Vice Chair and Welcomes Matt Oomen as Global Head of Client Group

(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

Gard to Launch Five Market-Aligned Syndicates and Strengthen Leadership Team for Enhanced Client Service

(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

Tikehau Capital Unveils €150 Million Defense & Security Fund to Boost Europe’s Sovereignty

(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

Swiss Re SONAR 2025 Flags Extreme Heat as Top Emerging Risk with Half-Million Annual Deaths

(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

Capgemini and Dai-ichi Life Launch India Center to Drive Global Digital Transformation

(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

MAPFRE Surpasses Carbon Reduction Goals and Scales Up Global Offsets to Combat Climate Change

(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

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