Tag Archives: insurer

Schroders Solutions Guides Vector Pension Scheme to £114 Million Bulk Annuity Buy-In

(IN BRIEF) Vector Pension Scheme, a client of Schroders Solutions, has completed a £114 million bulk annuity buy-in with Standard Life, securing retirement benefits for its 1,800 members. Schroders Solutions, with its vast global capability, collaborated closely with Vector Pension … Read the full press release

Tokio Marine Kiln Strengthens Position in Cyber Market with Expert Appointments

(IN BRIEF) Tokio Marine Kiln (TMK), a leading specialist insurer, announces key appointments and changes to expand its presence in the cyber market. Aoife Woulfe becomes the head of delegated cyber, focusing on developing TMK’s small and medium enterprise cyber … Read the full press release

Aviva completes £320m bulk purchase annuity transaction with John Laing Pension Fund, its 2nd buy-in transaction

(PRESS RELEASE) LONDON, 17-Sep-2021 — /EuropaWire/ — Aviva plc, a British multinational insurance company and a member of the FTSE 100 index, has announced the completion of a deal for a £320m bulk purchase annuity transaction with the John Laing … Read the full press release

Aviva research: Brits lose almost £231 billion a year having hard time making the right decision

New research from Aviva reveals that getting divorced/ending a long-term relationship (31%) and buying a new home (29%) are life’s most difficult decisions Brits lose almost £231 billion in a year, on average, due to being indecisive More than a quarter (26%) … Read the full press release

Leadership changes at Swiss Re’s Reinsurance Business Unit

(PRESS RELEASE) ZURICH, 18-Aug-2021 — /EuropaWire/ — Swiss Re, the world’s second-largest reinsurer, has announced it made leadership changes at its Reinsurance Business Unit. As of 1 January 2022 Julie Stephenson will succeed Jason Richards as Global Head of Casualty … Read the full press release

HSBC Holdings plc through HSBC Insurance (Asia-Pacific) Holdings Ltd takes over AXA Insurance Pte Limited (AXA Singapore) for US$575 million

A key milestone supporting HSBC’s ambition to be Asia’s leading insurance and wealth provider Strengthening Singapore as a global wealth hub for HSBC (PRESS RELEASE) LONDON, 16-Aug-2021 — /EuropaWire/ — HSBC Holdings plc, one of the world’s largest banking and … Read the full press release

Aviva commits to become a Net Zero carbon emissions company by 2040

Aviva takes on the most demanding target of any major insurance company in the world today (PRESS RELEASE) LONDON, 1-Mar-2021 — /EuropaWire/ — British multinational insurance company Aviva announces its plan to become a Net Zero carbon emissions company by … Read the full press release

Aviva appoints Mark Versey as new leader of Aviva Investors

(PRESS RELEASE) LONDON, 4-Jan-2021 — /EuropaWire/ — British multinational insurance company Aviva announces the appointment of Mark Versey as Chief Executive of Aviva Investors, effective immediately*. Mark, currently Chief Investments Officer, Real Assets, at Aviva Investors will join Aviva’s Group … Read the full press release

AXA to divest its operations in the Gulf region to Gulf Insurance Group

(PRESS RELEASE) PARIS, 30-Nov-2020 — /EuropaWire/ — French multinational insurance firm AXA has entered into an agreement with Gulf Insurance Group (“GIG”) for the sale of its insurance operations in the Gulf region, this includes its shareholding¹ in AXA Gulf, … Read the full press release

Zurich to plant 1 million trees to restore biodiversity at Brazil’s Atlantic Forest

(PRESS RELEASE) ZURICH, 21-Sep-2020 — /EuropaWire/ — Zurich Insurance Group (Zurich) announces an exclusive reforestation sponsorship in The Atlantic Forest initiative in Brazil. The targeted, sustainable reforestation project will see 1 million trees planted to transform a barren farmland back … Read the full press release

Aktia Life Insurance’s Director of Business Development Riikka Luukko becomes the insurer’s new CEO

(PRESS RELEASE) HELSINKI, 31-Aug-2020 — /EuropaWire/ — Finnish Aktia Life Insurance, part of Aktia Bank (HEL: AKTIA), has announced it will have a new CEO beginning of 1 September, 2020. The insurer’s current Director of Business Development and Board member … Read the full press release

Leadership changes at Aviva plc

(PRESS RELEASE) LONDON, 24-Apr-2019 — /EuropaWire/ — Aviva has announced that Aviva’s Group Chief Risk Officer Angela Darlington will assume the interim CEO position of UK Insurance as Andy Briggs has decided to step down as CEO UK Insurance and … Read the full press release

Zurich Insurance Group to improve business efficiency using self-service-enabling technology of InShared, the digital insurer of Achmea

ZEIST, ZURICH, 05-Jun-2018 — /EuropaWire/ — Achmea announced today that it will partner with Zurich Insurance Group (‘Zurich’) to improve business efficiency using self-service-enabling technology of InShared, the digital insurer of Achmea. InShared’s IT-platform is fully designed around online service, from … Read the full press release

AXA to acquire 100% of XL Group Ltd, global Property & Casualty commercial lines insurer and reinsurer

A major leap forward in AXA’s strategic journey Creating the leading global P&C Commercial lines player across all lines Strong complementarities expected to fuel future earnings growth and value creation Effective use of proceeds from the planned US IPO and intended subsequent sell-downs, at Ambition 2020 targets reaffirmed … Read the full press release

Allianz the only insurer to be included in the Top 50 of the world’s strongest brands in 2016

Allianz brand tops the Insurance Top 50 ranking for third year in a row Allianz is the only insurer to rank amongst the world’s 50 strongest brands in 2016 Brand value of Allianz at €18.6bn, up 8.1% from 2015 MUNICH, … Read the full press release

Vienna Insurance Group completes the acquisition of QBE Makedonija

Vienna Insurance Group new market leader in Macedonia 20-5-2013 — /europawire.eu/ — Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) has concluded the acquisition of a majority stake in QBE Makedonija. VIG has acquired 92.9 percent of the voting rights in the Macedonian … Read the full press release