(IN BRIEF) A new survey by Aviva has found that over 80% of advisers in the UK believe that the upcoming Consumer Duty regulation feels like a rebranded version of TCF (Treating Customers Fairly). However, the Consumer Duty ranks low … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, United Kingdom
Tagged Al Ward, Aviva, Consumer Duty, insurance, UK
(PRESS RELEASE) LONDON, 12-Jan-2023 — /EuropaWire/ — Prudential plc (LON: PRU), a British multinational life and health insurance company, has announced the retirement of Jolene Chen, Group Human Resources Director. The company has also announced the appointment of Catherine Chia … Read the full press release
(PRESS RELEASE) THE HAGUE, 6-Jan-2023 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced it will repurchase common shares for a total of EUR 42.5 million in order to fulfill obligations … Read the full press release
Additional Board division „Global Specialty Insurance” Michael Kerner newly appointed to the Board of Management (PRESS RELEASE) MUNICH, 15-Dec-2022 — /EuropaWire/ — Munich Re (ETR: MUV2), a German multinational global provider of reinsurance, primary insurance and insurance-related risk solutions, has … Read the full press release
Posted in Business, Germany, Insurance, Management
Tagged insurance, leadership, Management, Michael Kerner, Munich Re, reinsurance, restructuring
Sale to further reduce capital intensity and exposure to interest rates Reduced sensitivity to interest rates reduces capital required to protect against volatility Transaction adds 8 percentage points to Swiss Solvency Test ratio1 Zurich in Germany to continue to invest … Read the full press release
Venta para reducir aún más la intensidad de capital y la exposición a tipos de interés La sensibilidad reducida a las tasas de interés reduce el capital requerido para protegerse contra la volatilidad La transacción agrega 8 puntos porcentuales al … Read the full press release
(PRESS RELEASE) ZÜRICH, 20-May-2022 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), Swiss’s largest insurer, has announced the sale of its property and casualty insurance company in Russia to some members of the local team of the unit. According to … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Russia, Switzerland
Tagged casualty insurer, insurance, non-life insurance, property insurer, Zurich, Zurich Insurance Group, Zurich Russia
(COMUNICADO DE PRENSA) ZÜRICH, 20-May-2022 — /EuropaWire/ — Zurich Insurance Group (SWX: ZURN), la aseguradora más grande de Suiza, ha anunciado la venta de su compañía de seguros de propiedad y accidentes en Rusia a algunos miembros del equipo local … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, Russia, Switzerland
Tagged aseguradora de accidentes, aseguradora de bienes, casualty insurer, insurance, non-life insurance, property insurer, seguros, seguros distintos de los de vida, Zurich, Zurich Insurance Group, Zurich Rusia, Zurich Russia
(PRESS RELEASE) VIENNA, 28-Mar-2022 — /EuropaWire/ — Vienna Insurance Group AG Wiener Versicherung Gruppe (VIE: VIG), one of the largest international insurance groups in Central and Eastern Europe, has announced its plan to establish in April 2022 a new assistance … Read the full press release
Posted in Austria, Business, Insurance, Management, News, Serbia
Tagged assistance services, Global Assistance Belgrad, Harald Riener, insurance, Vienna Insurance Group, VIG
(PRESS RELEASE) HELSINKI, 28-Mar-2022 — /EuropaWire/ — Sampo Group (HEL: SAMPO), a Finnish financial and insurance group, has announced the completion of its share buyback programme on 25 March 2022. Originally announced on 4 October 2021, the company’s share buyback … Read the full press release
Posted in Business, Financial, Finland, Insurance, Investment, Management, News
Tagged insurance, Maria Silander, repurchases of shares, Sami Taipalus, Sampo, Sampo plc, SHARE, share buyback programme, shareholders
(PRESS RELEASE) ZÜRICH, 18-Mar-2022 — /EuropaWire/ — Swiss Re, the world’s second-largest reinsurer, has announced two new appointments in Asia and North America. Ivan Gonzalez has been appointed CEO Reinsurance China and China Country President in effect as of 1 … Read the full press release
Posted in Business, Insurance, Management, Switzerland
Tagged Andreas Berger, appointments, insurance, Ivan Gonzalez, Katie McGrath, reinsurance, Russell Higginbotham, Swiss Re
(PRESS RELEASE) WORCESTER, UK, 16-Mar-2022 — /EuropaWire/ — Open GI Group, a specialist insurance software provider, has announced that its subsidiary Machine Learning Programs (MLP Newco 1), data, AI, and machine learning experts, will appoint Damian Baxter as its new … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Insurance, Management, Technology, United Kingdom
Tagged AI specialist, appointment, artificial-intelligence, Chief Executive Officer, Damian Baxter, data science, GI market, HUG HUB, insurance, Machine Learning, Machine Learning Programs, MLP, Tom Murphy
(PRESS RELEASE) BRUSSELS, 23-Feb-2022 — /EuropaWire/ — Accenture (NYSE: ACN), a global professional services company with leading capabilities in digital, cloud and security, has announced it has been selected by Crelan Bank to lead the post-merger integration of AXA Bank … Read the full press release
Posted in Banks, Belgium, Business, Financial, Management, News, Technology
Tagged Accenture, AXA Bank Belgium, bank, BANKING, Crelan Bank, CrelanCo, insurance, investments, Katia de Vos, Phillippe Voisin, Stijn Goossens
(PRESS RELEASE) BOURNEMOUTH, 9-Feb-2022 — /EuropaWire/ — LV=, one of the largest insurance companies in the UK, has announced that the merger talks that started earlier this year with Royal London, the largest mutual insurer in the United Kingdom, about … Read the full press release
Posted in Business, Financial, Insurance, Management, News, United Kingdom
Tagged financial mutual, insurance, LV=, MERGER, Seamus Creedon
(PRESS RELEASE) ROME, 8-Feb-2022 — /EuropaWire/ — UniCredit (BIT: UCG), Italy’s only systemically important bank, has announced it will provide EUR 145 million loan in the form of social and environmental impact financing to The Student Hotel, a hotel chain … Read the full press release
Posted in Banks, Education, Financial, Investment, Italy, News, Real Estate
Tagged Amber Westerborg, Bonelli Erede, BREEAM, Charlie McGregor, Clifford Chance, Daniela Cataudella, Deloitte, financing, Florence Belfiore, green guarantee, hotel, insurance, loan, Massimiliano Mastalia, Rome San Lorenzo, SACE, The Student Hotel, TSH, UNICREDIT
(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
Posted in Business, Financial, Insurance, Management, News, United Kingdom
Tagged Amanda Blanc, Aviva plc, CFO, insurance, Jason Windsor, Persimmon plc
(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
(PRESS RELEASE) PARIS, 6-Jan-2022 — /EuropaWire/ — Société Générale (EPA: GLE), a European leader in financial services with over 150 years of history, has announced it signed two Memorandums of Understanding (MoU) for the acquisition of 100% of LeasePlan by … Read the full press release
Posted in Automotive, Banks, Business, Financial, France, Management, News
Tagged acquisition, ALD, BANKING, electric vehicles, energy transition, Fanny Rouby, fleet management, Frédéric Oudéa, insurance, Jean-Baptiste Froville, LeasePlan, mobility, NewALD, Retail Banking, Shareholding, Societe Generale, sustainable mobility, TDR Capital
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
Posted in Business, Financial, Insurance, News, Portugal, Switzerland
Tagged acquisition, Deutsche Bank, GamaLife, George Quinn, insurance, life insurance, Matteo Castelvetri, pension back book, pension market, policyholders, Swiss Solvency Test, Zurich, Zurich Insurance Group, Zurich Investments Life S.p.A.
Pursuing full ownership underscores HSBC’s commitment to expanding business in China (PRESS RELEASE) LONDON, 30-Dec-2021 — /EuropaWire/ — HSBC Holdings plc, one of the world’s largest banking and financial services providers, has announced that its deal for the acquisition of … Read the full press release
Posted in Banks, Financial, Investment, Management, News, United Kingdom
Tagged acquisition, asset management, BANKING, CHINA, David Liao, equity interest, Greg Hingston, HSBC, HSBC Holdings plc, HSBC Insurance (Asia) Limited, HSBC Life China, HSBC Life Insurance Company Limited, insurance, Personal Banking, private banking, Retail Banking, Shanghai, wealth, wealth management
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