(IN BRIEF) Sampo plc has donated €50,000 to the Finnish Red Cross Disaster Relief Fund to support global humanitarian aid for those affected by natural disasters and conflicts. The fund provides essentials like food, water, shelter, and field hospitals, while … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Insurance, Investment, Management, News
Tagged donation, Finnish Red Cross Disaster Relief Fund, health, Johanna Tynkkynen, partnership, Red Cross, safety, Sampo, Sirpa Solehmainen, sustainability, well-being
(IN BRIEF) Achmea and Lifetri are merging their pension and life insurance portfolios to form Achmea Pension & Life Insurance N.V., creating one of the Netherlands’ top three providers in the sector, serving over 2.1 million customers. Sixth Street, Lifetri’s … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Achmea, acquisition, Bianca Tetteroo, life insurance, Lifetri, Michael Muscolino, partnership, pension, Rutger Zomer
(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, investment, National Grid Electricity, partnership, Pensioner Buy-In, Sean Rooney, Stephen Yandle, sustainability, Tom Scott, Zurich UK
(IN BRIEF) The European Investment Fund (EIF) has committed €35 million to Move Energy’s venture capital “Fund I,” which supports early-stage European ventures focused on decarbonizing power, transport, and buildings—sectors responsible for 55% of global CO₂ emissions. Backed by the … Read the full press release
Posted in Banks, Berlin, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged decarbonization, EIF, EU, Lex Roukens, Marjut Falkstedt, Move Energy, Netherland, partnership, sustainability
(IN BRIEF) Aviva has launched a Shariah-compliant lifestyle investment strategy for workplace pension members, offering automated de-risking and a target drawdown glidepath to enhance retirement planning options. Developed in partnership with HSBC Asset Management, the strategy includes three funds—Global Equity … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, HSBC Asset Management, Lifestyle Investment, Olga de Tapia, partnership, Pension Options, Shariah, Umar Yaqoob
(IN BRIEF) Jean-Jacques Henchoz, a member of Talanx AG’s Board of Management and head of the Reinsurance division, will step down on 31 March 2025 after choosing not to extend his contract. Clemens Jungsthöfel, the current Chief Financial Officer and … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged appointment, Clemens Jungsthöfel, Head of Reinsurance, Herbert K. Haas, Jean-Jacques Henchoz, leadership, Talanx AG, Torsten Leue
(IN BRIEF) Schroders Capital’s Insurance-Linked Securities team received the Best Decentralised Finance (DeFi) Initiative award at the 2024 Digital Assets Awards for its innovative tokenisation pilot. In partnership with Hannover Re, the pilot demonstrated how reinsurance contracts can be tokenised … Read the full press release
(IN BRIEF) Swiss Re is selling its iptiQ European P&C business to Allianz Direct, including its Luxembourg-based risk carrier, over 100 employees, and existing distribution agreements in several European markets. This move aligns with Swiss Re’s strategy to exit iptiQ, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Luxembourg, Management, News, Switzerland
Tagged acquisition, Allianz Direct, iptiQ European P&C Business, Jef Van In, Luxembourg, partnership, Philipp Kroetz, Swiss Re
(IN BRIEF) Allianz X has partnered with AlTi Global to launch a private markets investment platform tailored for ultra-high-net-worth clients, initially focusing on private debt. Through this joint venture with Allianz Global Investors, the program will provide UHNW investors with … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, Marketing, News, Technology
Tagged Allianz X, AlTi Global, investment, investors, Michael Tiedemann, Nazim Cetin, partnership, Private Debt Access, Tobias Pross, USA
(IN BRIEF) SACE and Eni have formed a strategic partnership to boost the sustainability and competitiveness of Italian businesses, particularly SMEs. Through the integration of SACE’s ESG Hub and Eni’s Open-es platform, the alliance will provide companies with enhanced tools … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Italy, Management, News, Small Business
Tagged Antonio Frezza, Costantino Chessa, Eni, ESG Transformation, Italy, Open-es, partnership, SACE, SMEs, sustainability
(IN BRIEF) Insurance Europe has appointed Thea Utoft Høj Jensen as its new director general, set to succeed Michaela Koller, who has held the position for 18 years. Jensen, a seasoned professional with a background in financial services and European … Read the full press release
Posted in Banks, Belgium, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Technology
Tagged appointment, Frédéric de Courtois, Insurance Europe, leadership, Michaela Koller, Thea Utoft Høj Jensen
(IN BRIEF) Vienna Insurance Group (VIG) has launched Cyber Risk Solutions GmbH (CyRiSo) to support small and medium-sized businesses in managing cyber risks. CyRiSo provides a range of services, including risk assessments, incident response, and ransomware protection, helping clients mitigate … Read the full press release
Posted in Austria, Banks, Business, Financial, Germany, Government, Industrial, Insurance, Internet & Online, Investment, Management, News, Security & Safety, Small Business, Technology
Tagged Christiana Bruckner, Christoph Rath, Cyber Risk Solutions GmbH (CyRiSo), Cybersecurity, Germany, Michael Ganzwohl, partnership, SECURITY, SMEs, Vienna Insurance Group
(IN BRIEF) CNP Caution, a subsidiary of CNP Assurances, has partnered with Garantme to simplify access to housing through a new rental insurance solution. The partnership combines Garantme’s tech expertise with CNP Caution’s insurance experience, offering a rental deposit product … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Management, News, Real Estate, Technology
Tagged CNP Assurances, CNP Caution, Garantme, housing, Muriel Llanes, partnership, Rental Insurance Solution, Thomas Reynaud, Thomas Reynaud and Emile Karam
(IN BRIEF) Aviva has opened applications for the second year of its Supported Internship Programme, offering young adults with autism valuable work experience at its Norwich offices. The programme, a collaboration between Aviva, DFN Project SEARCH, The Wherry School, Norfolk … Read the full press release
Posted in Banks, Business, Economy, Education, Financial, Government, Industrial, Insurance, Investment, Management, News, Society, Technology, United Kingdom
Tagged Aviva, DFN Project SEARCH, Employment, inclusivity, Internship Programme, Kirsty Matthews, Matthew Bohan, Norfolk County Council, Norwich, Owen Morris, partnership, Pluss, Rachel Quick, society, The Wherry School, Young Adults with Autism
(IN BRIEF) A recent report by Allianz Commercial highlights significant trends in the cyber insurance landscape, noting a rise in both the frequency and severity of large cyber claims due to data privacy breaches. In the first half of 2024, … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Insurance, Investment, Management, News, Security & Safety, Technology
(IN BRIEF) Future Growth Capital (FGC), the private markets investment manager launched by Schroders plc and Phoenix Group, has announced its senior leadership team to support investment opportunities in private markets for UK pension savers. Paul Forshaw has been appointed … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged appointment, Chaipetch (Ped) Phrompechrut, Future Growth Capital, Georg Wunderlin, investments, James Harvey, leadership, Michael Eakins, Mike Chappell, Paul Forshaw, Pension Savers, Schroders, UK
(IN BRIEF) Insurance Europe has announced that Thea Utoft Høj Jensen will be the new director general, succeeding Michaela Koller, who has held the role for 18 years. Thea, who currently leads Financial Services at FTI Consulting in Brussels, brings … Read the full press release
(IN BRIEF) BBVA has formed a strategic partnership with investment firm KKR, committing $200 million to support KKR’s Global Climate Strategy, which focuses on large-scale climate infrastructure projects like energy transition and electrification. The partnership, announced during Climate Week in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, Spain
Tagged BBVA, Global Climate Projects, investment, Javier Rodríguez Soler, KKR, Low-Carbon Infrastructure, partnership, sustainability, USA
(IN BRIEF) Prudential plc is acquiring full ownership of Prudential Zenith Life Insurance in Nigeria, enhancing its position in the country and strengthening its bancassurance partnership with Zenith Bank. This move supports Prudential’s strategy to grow its presence in high-potential … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged acquisition, Emmanuel Aryee Mokobi, Nigeria, partnership, Prudential, Solmaz Altin, sustainability, Zenith Life
(IN BRIEF) Prudential has entered into a strategic partnership with Bank Syariah Indonesia (BSI), enabling the company to offer Syariah-compliant life insurance through BSI’s extensive network starting in 2025. This collaboration is seen as a key step for Prudential to … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Anil Wadhwani, ASEAN Market, Bank Syariah Indonesia, partnership, Prudential, Solmaz Altin, sustainability, Syariah Insurance
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