Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

The current state of the wellbeing of people across Europe and Asia according to AXA’s 2022 Mind Health and Wellbeing study

Respondents from China, Spain and Switzerland among the happiest, according to the research (PRESS RELEASE) PARIS, 25-Jan-2022 — /EuropaWire/ — AXA (EPA: CS), A French multinational insurance and asset management firm, has announced the release of its 2022 edition of … Read the full press release

Aviva Financial Advice (AFA) sustituirá el anterior modelo de referencia con el lanzamiento de un nuevo modelo de asesoramiento para rentas vitalicias

(COMUNICADO DE PRENSA) LONDRES, 24-Jan-2022 — /EuropaWire/ — Aviva plc (LON: AV), una compañía de seguros multinacional británica, ha anunciado que Aviva Financial Advice (AFA) reemplazará el requisito de referencia anterior. en los casos en que un producto ajeno a … Read the full press release

Aviva Financial Advice (AFA) to replace the previous referral model with the launch of a new advice model for annuities

(PRESS RELEASE) LONDON, 24-Jan-2022 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced that Aviva Financial Advice (AFA) will replace the previous referral requirement in cases where a non-Aviva product provided the best solution for … Read the full press release

Assicurazioni Generali director Romolo Bardin to step down

(PRESS RELEASE) MILAN, 17-Jan-2022 — /EuropaWire/ — Generali (BIT: G), one of the largest global insurance and asset management providers, has announced the resignation of its director Romolo Bardin, independent director and member of the Appointments and Remuneration; Investments; Strategic … Read the full press release

George David Sartorel to join Prudential Board as Non-executive Director

(PRESS RELEASE) LONDON, 14-Jan-2022 — /EuropaWire/ — Prudential plc (LON: PRU), a British multinational life and health insurance company, has announced the appointment of George David Sartorel to its Board as a Non-executive Director. George Sartorel has extensive experience of … Read the full press release

Aviva CFO Jason Windsor to leave the company

(PRESS RELEASE) LONDON, 13-Jan-2022 — /EuropaWire/ — Aviva plc (LON: AV), a British multinational insurance company, has announced the resignation of its CFO and director Jason Windsor. Jason will step down as of July 2022 to become CFO at Persimmon … Read the full press release

Aegon announces EUR 50 million share buyback program

(PRESS RELEASE) THE HAGUE, 7-Jan-2022 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced it will repurchase common shares for EUR 50 million in order to meet its obligations resulting from … Read the full press release

Allianz Life completes the reinsurance agreement with Sixth Street affiliates and Resolution Life

Agreement with Resolution Life and affiliates of Sixth Street was announced on December 3 Transaction unlocks $4.1 bn in value and frees up regulatory capital for Allianz (PRESS RELEASE) MUNICH, 7-Jan-2022 — /EuropaWire/ — Allianz Group, one of the world’s … Read the full press release

Zurich Insurance Group improves its capital utilization across its life back book with the sale of Italian life and pensions back book to Portuguese insurance company GamaLife

Transaction to release approximately USD 1.2 billion of capital and add 11 percentage points to the Group’s Swiss Solvency Test ratio1 Significant reduction in the Group’s exposure to credit risk Zurich will focus on protection and unit-linked solutions in the … Read the full press release

Pravina Ladva to lead Swiss Re’s technology related activities

(PRESS RELEASE) ZÜRICH, 16-Dec-2021 — /EuropaWire/ — Swiss Re, the world’s second-largest reinsurer, has announced the appointment of Pravina Ladva, Swiss Re’s current Group Digital Transformation Officer, as Group Chief Digital & Technology Officer. She will also become a member … Read the full press release

Zurich Insurance Group joins The Valuable 500, a global movement of CEOs and their companies working together for disability inclusion

(PRESS RELEASE) ZÜRICH, 3-Dec-2021 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), Swiss’s largest insurer, has announced that it will join The Valuable 500, a global movement made up of 500 CEOs and their companies, innovating and working together for … Read the full press release

Allianz Life announces a $35-billion fixed index annuity portfolio reinsurance agreement, one of the largest transactions of this type

Allianz Life reinsures $35 billion of liabilities of fixed index annuity book in one of the largest transactions of its kind Agreement underscores shared values of flexibility, ability to scale, risk management, and commitment to policyholders Transaction expected to improve … Read the full press release

Allianz Group the leading insurance company in the Dow Jones Sustainability Index (DJSI)

(PRESS RELEASE) MUNICH, 15-Nov-2021 — /EuropaWire/ — Allianz Group, one of the leading integrated financial services providers worldwide, has announced that it leads the insurance sector in the Dow Jones Sustainability Index (DJSI). The insurer has been ranked on the … Read the full press release

Aviva: financial scams promoted by paid-for ads must be included in the Online Safety Bill

One in eight people (13%) have been the victim of a financial scam which related to coronavirus. Of those, two-thirds (66%) said their total debts increased over the last year. Aviva calls on government to include financial scams promoted by paid-for … Read the full press release

Generali: Procuratie Vecchie in Venice to open to the public in early 2022 for the first time in its 500-year history

The future home of The Human Safety Net opens to the public in spring 2022 Model by David Chipperfield Architects Milan will now go on display in the Venice Royal Gardens First images from behind the iconic façade in St … Read the full press release

Aegon to transition its EUR 156 billion general account investment portfolio to net-zero greenhouse gas emissions by 2050

(PRESS RELEASE) THE HAGUE, 2-Nov-2021 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced it has committed to transition its EUR 156 billion general account investment portfolio to net-zero greenhouse gas … Read the full press release

Europe likely to see considerably higher reinsurance rates – Munich Re

(PRESS RELEASE) MUNICH, 18-Oct-2021 — /EuropaWire/ — Munich Re (ETR: MUV2), a German multinational global provider of reinsurance, primary insurance and insurance-related risk solutions, has announced it expects continued market hardening to accompany January renewals, particularly for the European market … Read the full press release

Aviva supports the Foundation for Young People’s Mental Health (YPMH) and Cambridge University project focused on depression in young people

75% of people with a mental health problem develop it before the age of 24 Treatments for depression in under-18s are effective in only 60% of cases Depression arises from a complex set of factors LONDON, 11-Oct-2021 — /EuropaWire/ — … Read the full press release

Amanda Blanc, Group CEO Aviva PLC: We need to unlock trillions of private finance to speed up the transition to net zero

(PRESS RELEASE) LONDON, 11-Oct-2021 — /EuropaWire/ — Global financial services industry calls on G20 governments to help build a Net Zero economy and meet the goals of the Paris agreement ahead of COP26. The Call to Action includes specific policy … Read the full press release

Orange to increase the capital of its bank with EUR 230 million; buys Groupama’s stake

(PRESS RELEASE) PARIS, 1-Oct-2021 — /EuropaWire/ — Orange S.A. (EPA: ORA), a French multinational telecommunications group, has announced it will invest EUR 230 million in its bank (Orange Bank) to increase the capital and speed up the growth projects envisaged … Read the full press release