Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

Swiss Re to Sell iptiQ European P&C Business to Allianz Direct, Expanding B2B2C Presence Across Europe

(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

Allianz X and AlTi Global Unite to Offer Private Debt Access for Ultra-High-Net-Worth Investors in New Strategic Partnership

(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

SACE and Eni Partner to Drive ESG Transformation for Italian SMEs through Integrated Open-es Alliance

(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

Insurance Europe Welcomes New Leadership as Thea Utoft Høj Jensen Takes the Helm

(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

Vienna Insurance Group Launches Cyber Risk Solutions to Strengthen Cybersecurity for SMEs

(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

CNP Caution and Garantme Partner to Enhance Access to Housing with New Rental Insurance Solution

(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

Aviva Expands Supported Internship Programme for Young Adults with Autism, Offering Work Opportunities in Norwich

(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

Allianz Report Highlights Surge in Cyber Claims Driven by Data Privacy Issues and Class Action Lawsuits

(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

Future Growth Capital Reveals Leadership Team to Enhance Private Market Investments for UK Pension Savers

(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

Thea Utoft Høj Jensen Appointed as New Director General of Insurance Europe, Succeeding Michaela Koller After 18 Years

(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

BBVA and KKR Partner to Invest $200 Million in Global Climate Projects, Driving Low-Carbon Infrastructure

(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

Prudential Strengthens Nigerian Market Position with Full Acquisition of Zenith Life

(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

Prudential Partners with Bank Syariah Indonesia to Boost Syariah Insurance Growth in Key ASEAN Market

(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

Aviva Leaders Recognized in 2024 HERoes Role Model Lists for Championing Gender Diversity and Inclusion

(IN BRIEF) Aviva has announced that three of its leaders—Danny Harmer (Chief People Officer), Suzie Nolan (Head of Property, Aviva Ireland), and Anna Dilku (Senior Creative Content Manager)—have been recognized in the 2024 HERoes Role Model Lists for championing gender … Read the full press release

Aegon Appoints Michele Bareggi as Chief Strategy and Growth Officer

(IN BRIEF) Aegon has appointed Michele Bareggi as its new Chief Strategy, Transformation & Growth Officer, effective November 1, 2024. Bareggi, with over 25 years of experience in the financial services industry, previously led significant growth at Athora and held … Read the full press release

Crédit Agricole Assurances Joins Scope Group to Boost European Financial Sovereignty

(IN BRIEF) Crédit Agricole Assurances has invested in Scope Group, joining other major French financial institutions like AXA and BPCE in supporting Europe’s only independent rating agency accepted by the European Central Bank. This investment is part of broader efforts … Read the full press release

CNP Vita Assicura Awards €15.6 Billion Asset Management Mandate to Ostrum AM

(IN BRIEF) CNP Vita Assicura, a subsidiary of CNP Assurances, has entrusted Ostrum Asset Management with a €15.6 billion asset management mandate following a competitive tender. The partnership covers fixed income, equities, and multi-asset investments, along with risk management services … Read the full press release

Achmea Restructures Syntrus Achmea for Strategic Growth in Mortgages and Real Estate

(IN BRIEF) Achmea has announced a restructuring of its subsidiary, Syntrus Achmea Real Estate & Finance B.V., to support its growth in the mortgage and real estate sectors. Effective October 1, 2024, the mortgage and real estate activities will be … Read the full press release

Chubb Enhances Resilience Services with New Leadership Appointment

(IN BRIEF) Chubb has appointed Amelie Fava-Verde as Senior Vice President of North America Chubb Resilience Services, a new role focused on enhancing the company’s risk engineering and resilience capabilities. With over 20 years of experience in environmental risk and … Read the full press release

Aegon Appoints Shawn C.D. Johnson as New CEO of Asset Management Division, Succeeding Bas NieuweWeme

(IN BRIEF) Aegon has appointed Shawn C.D. Johnson as the new CEO of Aegon Asset Management (Aegon AM), effective September 23, 2024. Johnson, who has extensive experience in asset management, including his recent role as CEO of AMP Capital, will … Read the full press release