(IN BRIEF) Aegon’s Board of Directors announces its intention to nominate Lard Friese for re-election as Executive Director and CEO at the upcoming Annual General Meeting of Shareholders (AGM) on June 12, 2024, for another four-year term. Since assuming the … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, appointment, CEO, Lard Friese, leadership, William Connelly
(IN BRIEF) Generali has finalized the sale of TUA Assicurazioni S.p.A. to Allianz, in line with the company’s strategic objectives outlined in its “Lifetime Partner 24: Driving Growth” strategy in Italy. This move aims to drive profitable growth, streamline operations … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged acquisition, Allianz, Financial, Generali, investment, partnership, Tua Assicurazioni
(IN BRIEF) Allianz S.p.A. has finalized the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A. for 280 million euros, as previously announced on October 12, 2023. With regulatory approvals secured, Allianz anticipates a 1-percentage-point increase in its P/C market … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged acquisition, Allianz, Assicurazioni Generali, Financial, investment, Italy, partnership, Tua Assicurazioni
(IN BRIEF) San Francisco maintains its leading position in Schroders’ Global Cities Index for the second consecutive year, driven by the resilience of its tech sector despite social challenges. London ascends to second place, surpassing its 2023 ranking, despite slower … Read the full press release
Posted in Awards, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Awards, Financial, Hugo Machin, investment, London, San Francisco, Schroders, Second Place
(IN BRIEF) Swiss Re Institute’s latest analysis reveals that climate change is poised to escalate economic losses globally due to severe weather events. The report highlights the vulnerability of countries like the Philippines and the United States, which face significant … Read the full press release
Posted in Economy, Financial, Insurance, Switzerland
Tagged Australia, Austria, CHINA, climate change, economic losses, floods, GDP, INDIA, Intergovernmental Panel on Climate Change, IPCC, Japan, Jérôme Jean Haegeli, PHILIPPINES, property damage losses, severe thunderstorms, Swiss Re, Swiss Re Institute, Switzerland, Taiwan, THAILAND, tropical cyclones, US, US economy, weather perils, weather-related natural catastrophes, winter storms
(IN BRIEF) AXA has initiated an any and all cash tender offer for two series of its subordinated notes, including the GBP 350,000,000 Fixed to Floating Rate Undated Deeply Subordinated Notes issued on July 6, 2006, and the GBP 723,925,000 … Read the full press release
Posted in Business, Economy, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged AXA, debt, Financial, investment, subordinated notes
(IN BRIEF) Vector Pension Scheme, a client of Schroders Solutions, has completed a £114 million bulk annuity buy-in with Standard Life, securing retirement benefits for its 1,800 members. Schroders Solutions, with its vast global capability, collaborated closely with Vector Pension … Read the full press release
(IN BRIEF) Achmea has reached a final settlement agreement with interest groups Consumentenclaim, Woekerpolis.nl, Woekerpolisproces, Wakkerpolis, and the Consumentenbond regarding unit-linked insurance policies sold through various brands in the Netherlands. The agreement, totaling €85 million, aims to provide clarity and … Read the full press release
(IN BRIEF) Swiss Re has announced impressive financial results for 2023, reporting a net income of USD 3.2 billion and a return on equity of 22.3%. The company’s Property & Casualty Reinsurance (P&C Re), Life & Health Reinsurance (L&H Re), … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Christian Mumenthaler, Financial, investment, John Dacey, Swiss Re
(IN BRIEF) CNP Assurances, a prominent figure in personal and property insurance across France, Europe, and Brazil, has chosen to renew its collaboration with CACEIS, a leading European asset servicing group, following a competitive call for tenders. This renewal solidifies … Read the full press release
Posted in Banks, Financial, France, Insurance, Management
Tagged CACEIS, CNP Assurances, European asset servicing, IXIS IS, Joe Saliba, personal insurance, property insurance, servicing mandate
(IN BRIEF) Generali and TCC-Trieste Convention Center have announced a three-year agreement naming the largest multifunctional convention center in northeastern Italy as the Generali Convention Center Trieste. This partnership reflects Generali’s commitment to fostering Trieste’s growth potential by supporting the … Read the full press release
(IN BRIEF) Multi-cancer early detection (MCED) blood tests hold the promise of revolutionizing cancer screening by providing a comprehensive, minimally invasive screening option for multiple types of cancer in a single blood sample. These tests offer the potential to increase … Read the full press release
(IN BRIEF) The UNIQA Group has launched the International Programmes (IP) HUB in Poland, serving as a competence center for 15 countries in Central and Eastern Europe where the insurer operates. This initiative aims to standardize insurance offerings for multinational … Read the full press release
(IN BRIEF) New research by Aviva reveals that there is still a need to raise awareness about the importance of leading a healthy lifestyle in cancer prevention. Over half of those surveyed hope cancer won’t happen to them, and 20% … Read the full press release
Posted in Business, Education, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, Science, United Kingdom
Tagged Aviva, awareness, Cancer Prevention, Dr Suba M, Healthy Lifestyles, wellbeing
(IN BRIEF) Zurich Insurance Group’s CEO, Mario Greco, has been honored with the prestigious Insurance Leader of the Year Award for 2023 by St. John’s University’s Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science. The award ceremony, … Read the full press release
Posted in Awards, Business, Financial, Industrial, Insurance, Investment, Management, Media, News, Switzerland
Tagged appointment, Award, CEO, Insurance Leader of the Year 2023, John Keogh, Larry Fink, leadership, Mario Greco, Zurich Insurance Group
(IN BRIEF) According to research by Aviva, 19% of Brits are preparing to book or search for their next holiday 4-5 months in advance, with 26% planning 2-3 months ahead, indicating that January is a popular time for travel planning. … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, Travel, United Kingdom
Tagged Aviva, holidays, Kelly Whittington, Travel Bookings
(IN BRIEF) Ageas, along with its subsidiaries AG, AG Real Estate, and Ageas UK, has once again achieved the prestigious “Top Employer” recertification for 2024. This recognition highlights Ageas’ commitment to fostering an empowering culture, promoting innovation, and prioritizing skill … Read the full press release
Posted in Awards, Belgium, Business, Financial, Government, Industrial, Insurance, Investment, Management, News, Real Estate, United Kingdom
Tagged "Top Employer" Recertification, AG Real Estate, Ageas, Ageas UK, Awards, Eddy Debrulle
(IN BRIEF) Aviva has successfully finalized a £140 million bulk purchase annuity full scheme buy-in transaction with the Trustee of the Guilbert UK Retirement Benefits Plan, sponsored by Office Depot UK Pension Sponsor Limited. This transaction covers around 1,500 members … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, Bulk Annuity Deal, Emma Thomas, Financial, investment, Jani Singh, Member Benefits, Michelle Doman, Mike Roberts, Niamh Hamlyn, pension, retirement
(IN BRIEF) Prudential plc has announced the appointment of Arjan Toor as its new CEO Health, effective from February 1, 2024. This appointment is a significant step in Prudential’s strategic transformation, focusing on its Health business as one of its … Read the full press release
Posted in Business, Economy, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Andrew Wong, appointment, Arjan Toor, CEO Health, Customer Trust, leadership, Prudential, Solmaz Altin, transformation
(IN BRIEF) Prudential plc has revealed that Prudential Life Assurance (Thailand) Public Company Ltd (PLT) has entered into a decade-long bancassurance partnership with CIMB Thai Bank Public Company Limited (CIMB Thai), establishing PLT as the exclusive life insurance partner for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged CIMB Thai Bank, Dennis Tan, partnership, Prudential, sustainability, THAILAND
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