(IN BRIEF) Coface’s latest survey on corporate payment experience in Germany indicates a return to normalcy in payment trends after the disruptions caused by the COVID-19 pandemic and the war in Ukraine. In 2023, more companies offered payment terms, resembling … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Industrial, Insurance, Investment, Management, News
Tagged COFACE, Financial, German companies, investment, Payment Trends
(IN BRIEF) Swiss Re is emphasizing the importance of enhanced underwriting data, improved modeling, and rebalancing the insurance value chain to ensure the sustainability of the reinsurance market. As the demand for re/insurance protection increases in a volatile environment, Swiss … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Gianfranco Lot, Moses Ojeisekhoba, Reinsurance Market, sustainability, Swiss Re, Urs Baertschi
(IN BRIEF) Allianz has released its first comprehensive net-zero transition plan, reaffirming its commitment to achieving net-zero emissions by 2050 in its investment and insurance portfolios and by 2030 in its operations. The plan includes 2030 intermediate targets for reducing … Read the full press release
(IN BRIEF) Aviva has collaborated with ITV to introduce a series of interactive ‘virtual puzzle’ advertisements aimed at illustrating how the insurance, wealth, and retirement company is addressing the financial challenges faced by individuals in the UK. The co-branded ads, … Read the full press release
Posted in Business, Education, Financial, Industrial, Insurance, Investment, Management, Marketing, Media, News, Technology, United Kingdom
Tagged advertisements, Aviva, Financial Solutions, Guy Edwards, Interactive Puzzle Ads, ITV, Mark Trinder, partnership, Phoebe Barter, virtual puzzle
(IN BRIEF) Nucleus Foundation has partnered with the Verve Foundation to sponsor and assist 10 women in the We Are Change program, which offers training and qualifications for those aspiring to enter the financial advice field. This initiative aims to … Read the full press release
(IN BRIEF) Jason, the current CEO of Aviva Canada, will be taking on a new role within the company. He has led Aviva Canada for four years, overseeing substantial growth and becoming a prominent player in the Canadian insurance market. … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Adam Winslow, Amanda Blanc, appointment, Aviva, Aviva Canada, CEO, Jason Storah, leadership, Tracy Garrad
(IN BRIEF) Swiss Re Reinsurance Solutions has partnered with Wysa to launch Wysa Assure, an AI-driven mental health support app. Combining Swiss Re’s risk expertise with Wysa’s AI technology, the app offers on-demand mental health assistance through an AI chatbot … Read the full press release
(IN BRIEF) AXA Group has launched its annual employee share offering named “Shareplan 2023” in 40 countries, inviting more than 110,000 employees to participate. The program allows employees to subscribe to shares issued through a capital increase reserved for employees. … Read the full press release
Posted in Business, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged 'Shareplan 2023', AXA, Employee Ownership, employee share offering, Financial, insurance, investment, THOMAS BUBERL
(IN BRIEF) Aegon N.V. has released the Agenda and Shareholder Circular for two upcoming Extraordinary General Meetings of Shareholders (EGM) scheduled for September 29 and September 30, 2023. The purpose of these meetings is to approve the decision to relocate … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Insurance, Management, Media, Netherlands, News
Tagged Aegon N.V., Bermuda, general meetings, relocation
(IN BRIEF) Aviva plc has announced its interim results for 2023, showcasing strong growth momentum across the group. The company achieved an 8% increase in group operating profit, with Solvency II own funds generation up by 26%. The results indicate … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged 2023 Interim Results, Amanda Blanc, Aviva, Financial, insurance, investment
(IN BRIEF) Initial global research findings by the International Olympic Committee (IOC) and Allianz reveal that 72% of young people consider playing sports important, while over 90% of parents recognize the physical and mental health benefits of sports participation for … Read the full press release
(IN BRIEF) Aviva, one of the largest insurers in the UK, is expanding its underwriting appetite to include engineered timber in commercial developments as part of its sustainability commitments. The company aims to support the construction and real estate sectors … Read the full press release
(IN BRIEF) Researchers at the University of York, in collaboration with parents and carers, are urging the UK government to reform the benefits system. Latest research by Changing Realities and the Institute for Public Policy Research (IPPR) reveals that over … Read the full press release
Posted in Business, Financial, Government, Insurance, Management, News, United Kingdom
Tagged Changing Realities, Dr Ruth Patrick, IPPR, Melanie Wilkes, partnership, reform, UK Benefits System, University of York
(IN BRIEF) Schroders plc has announced the appointment of Annette Thomas as an Independent Non-executive Director, effective from September 1, 2023. Annette has a distinguished career in leading global publishing and data analytics businesses, with expertise in information, data, education, … Read the full press release
(IN BRIEF) AXA, the insurance company, has introduced a new internal service called AXA Secure GPT, which is built on Microsoft’s Azure OpenAI Service. Developed in collaboration with Microsoft, this service offers AXA employees access to a secure digital platform … Read the full press release
Posted in Business, Financial, France, Industrial, Insurance, Investment, Management, News, Security & Safety, Technology
Tagged AXA, AXA Secure GPT, data security, employee, INNOVATION, Internal Secure AI Platform, Microsoft, partnership
(IN BRIEF) According to research by Aviva, financial advisers in the UK are largely prepared to evidence their work on Consumer Duty outcomes, with over 90% indicating that they have either completed or are currently working on providing evidence for … Read the full press release
Posted in Business, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Al Ward, Aviva, Consumer Duty, financial advisers, UK
(IN BRIEF) Aviva, the leading home insurer in the UK, has entered into an agreement with Barclays UK to acquire its home insurance portfolio, which consists of 350,000 customers. The acquisition will support Aviva’s growth in the retail insurance business … Read the full press release
Posted in Banks, Business, Financial, Insurance, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Aviva, Barclays Home Insurance, Owen Morris, partnership, Retail Insurance Business
(IN BRIEF) Allianz Global Corporate & Specialty (AGCS) and the commercial insurance businesses of local Allianz entities will now trade under the name “Allianz Commercial” as a single go-to-market business. This new global model offers insurance solutions for mid-sized businesses, … Read the full press release
Posted in Business, Financial, Germany, Insurance, Management, News, Small Business
Tagged Allianz, Allianz Commercial, Chris Townsend, Joachim Mueller, partnership, SMEs
(IN BRIEF) Aviva has successfully obtained a £120 million full scheme buy-in for the NTL 1999 Pension Scheme. This agreement allows Aviva to assume the defined benefit liabilities of approximately 650 members, mitigating the investment and longevity risks associated with … Read the full press release
(IN BRIEF) Aegon has disclosed that a coupon rate of 3.93894% has been established for the USD Perpetual Capital Securities. Due to the discontinuation of USD LIBOR, the calculation agent was unable to determine the necessary swap rates. As a … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, Coupon Rate, Financial
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