Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

Zurich Insurance Group Unveils Winners of Its 2025 Innovation Championship at the Inaugural Zurich Innovation Festival

(IN BRIEF) Zurich Insurance Group held its first Innovation Festival on October 16, 2025, celebrating global collaboration and technological progress in insurance. During the event, Zurich announced ten winners of the Zurich Innovation Championship 2025, recognizing startups and partners advancing … Read the full press release

MAPFRE AM creates new Deputy Director role as Ismael García Puente takes charge of investment strategy and fund oversight

(IN BRIEF) MAPFRE AM has appointed Ismael García Puente as Deputy Director of Investment Strategy, a newly established role aimed at reinforcing the firm’s investment vision and market positioning. With more than a decade of experience at MAPFRE, García Puente … Read the full press release

Schroders expands ETF capabilities to Europe, debuting Global Equity and Corporate Bond Active UCITS ETFs

(IN BRIEF) Schroders has launched its first active ETFs in Europe, bringing two of its flagship strategies — the $24 billion QEP Global Core equity strategy and the $3 billion Global Investment Grade Corporate Bond strategy — into UCITS ETF … Read the full press release

Aviva finalises bulk annuity deals with Fenwick Limited pension schemes, extending a partnership over a decade long

(IN BRIEF) Aviva has completed £113 million bulk purchase annuity buy-in transactions with the Fenwick Limited Superannuation Fund and the Fenwick Senior Executive Pension Fund, securing all remaining member benefits. The long-standing partnership, which began in 2012, was supported by … Read the full press release

New Aviva and CALM collaboration focuses on suicide awareness and breaking stigma through education and resources

(IN BRIEF) Aviva has partnered with suicide prevention charity CALM to launch new resources that support customers, families, and advisers in addressing the sensitive issues surrounding suicide. Developed in response to rising online searches about suicide coverage in life insurance, … Read the full press release

Capgemini and LIMRA report shows younger generations demand living benefits and digital-first life insurance solutions

(IN BRIEF) Capgemini and LIMRA’s World Life Insurance Report 2026 reveals that while 68% of adults under 40 view life insurance as vital for financial security, many are deterred by outdated offerings, complex processes, and the absence of benefits they … Read the full press release

MAPFRE joins Blue Marble consortium as sixth owner to expand climate resilience insurance in tenth anniversary year

(IN BRIEF) MAPFRE has joined Blue Marble as its newest owner, becoming part of a global insurance consortium now comprising six members: Aspen, Grupo ASSA, Marsh McLennan, TransRe, Zurich Insurance Group, and MAPFRE. The announcement coincides with Blue Marble’s tenth … Read the full press release

Swiss Re highlights climate losses, AI transformation, and geopolitical uncertainty as critical themes at Monte Carlo reinsurance talks

(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

Aviva secures benefits of 440 Quest UK Pension Scheme members with £134 million buy-in

(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

Vienna Insurance Group acquires majority stake in Moldasig, becoming Moldova’s leading insurer

(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

Aviva completes £700 million buy-in with ABB Plan securing pensions for over 7,300 members

(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

Aviva partners with Tesco Insurance & Money Services to deliver affordable life insurance and customer rewards for UK families

(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

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