Category Archives: Insurance

Insurance Press Releases & News distributed via EuropaWire

Schroders Appoints Karine Szenberg as Executive Vice Chair and Welcomes Matt Oomen as Global Head of Client Group

(IN BRIEF) Schroders has announced four senior leadership changes to bolster its client-first strategy. Karine Szenberg will become Executive Vice Chair, focusing on strategic alliances and maintaining her place on the Group Executive Committee. Matt Oomen joins as Global Head … Read the full press release

Gard to Launch Five Market-Aligned Syndicates and Strengthen Leadership Team for Enhanced Client Service

(IN BRIEF) Gard will restructure its organisation on 1 September 2025, replacing traditional silos with five client-centric syndicates—Nordics; Asia; Europe; Greece, Americas & London; and Specialty—each combining underwriting and claims expertise under seasoned executives. Christen Guddal and Bjørnar Andresen will … Read the full press release

Tikehau Capital Unveils €150 Million Defense & Security Fund to Boost Europe’s Sovereignty

(IN BRIEF) Tikehau Capital, in partnership with Société Générale Assurances, CNP Assurances, and the CARAC Group—and with backing from the French Ministry of Defense and the DGA—has introduced Tikehau Défense et Sécurité, a €150 million Article 8 fund dedicated to … Read the full press release

Swiss Re SONAR 2025 Flags Extreme Heat as Top Emerging Risk with Half-Million Annual Deaths

(IN BRIEF) Swiss Re’s 2025 SONAR report identifies extreme heat as a leading emerging risk, attributing up to 500,000 deaths annually to heatwaves—more than floods, quakes, and hurricanes combined. The report traces rising severity and duration of heat events, notes … Read the full press release

Capgemini and Dai-ichi Life Launch India Center to Drive Global Digital Transformation

(IN BRIEF) Capgemini and Dai-ichi Life Holdings have signed a long-term agreement to establish a Global Capability Center in India, designed to accelerate Dai-ichi Life Group’s digital transformation by leveraging India’s skilled workforce. The GCC will initially serve the insurer’s … Read the full press release

MAPFRE Surpasses Carbon Reduction Goals and Scales Up Global Offsets to Combat Climate Change

(IN BRIEF) MAPFRE has made significant strides toward its climate goals, cutting its operational carbon footprint by 25% in 2024—far exceeding its annual reduction target. Through a wide array of global offset projects, the company neutralized 80% of its footprint … Read the full press release

OP Financial Group Partners with Accenture to Transform Pohjola Insurance with Cloud and AI Solutions

(IN BRIEF) OP Financial Group has expanded its partnership with Accenture to modernize Pohjola Insurance, focusing on enhancing agility, operational efficiency, and customer experience. The collaboration includes implementing a cloud-based Guidewire platform to streamline IT applications, generate operational savings, and … Read the full press release

EU Report Urges Enhanced Insurance and Climate Adaptation to Mitigate €28 Billion Annual Losses in Agriculture

(IN BRIEF) The EIB and European Commission’s report reveals that the EU agricultural sector faces annual losses of more than €28 billion due to adverse weather, with potential increases of up to 66% by 2050 due to climate change. The … Read the full press release

Aviva Urges Homeowners to Create Flood-Resilient Gardens as Chelsea Flower Show 2025 Unveils British Rainforest Garden

(IN BRIEF) As part of its commitment to sustainability, Aviva encourages homeowners to consider climate-resilient materials for their gardens, particularly in light of the risks associated with impermeable surfaces like artificial grass. Research commissioned by Aviva shows that many homeowners … Read the full press release

Vienna Insurance Group Submits Bid to Acquire Majority Stake in Moldova’s Leading Non-Life Insurer MOLDASIG

(IN BRIEF) Vienna Insurance Group (VIG) has submitted a bid to acquire 80% of MOLDASIG S.A., one of Moldova’s leading non-life insurance companies, as part of a multi-stage process initiated by the Moldovan government. With a market share of approximately … Read the full press release

Aviva’s Group Income Protection Helps Over 2,600 Employees Return to Work in 2024

(IN BRIEF) Aviva’s 2024 Group Protection Claims and Wellbeing Insight Report reveals that over 2,600 employees received vocational rehabilitation support, with 86% returning to work. The report highlights mental health, cancer, and musculoskeletal claims as key focus areas, with a … Read the full press release

Generali Appoints New Board Committees and Reviews Mediobanca’s Exchange Offer on Banca Generali Shares

(IN BRIEF) Generali’s Board of Directors has established the Board Committees, appointed their members, and reviewed the public voluntary exchange offer from Mediobanca regarding Banca Generali’s shares. Additionally, the Board has appointed the new administrative body for The Generali Human … Read the full press release

Allianz Group and Allianz Turkey Invest Over €2 Million in New Dormitory Project to Empower Girls Through Education

(IN BRIEF) Allianz Group and Allianz Turkey have invested over €2 million in a new dormitory project in collaboration with the Koruncuk Foundation. Located in Istanbul, the dormitory will provide a safe and nurturing environment for girls in need, offering … Read the full press release

Swiss Re Appoints Bernhard Kaufmann as New Group Chief Risk Officer, Effective October 2025

(IN BRIEF) Swiss Re has announced the appointment of Bernhard Kaufmann as its next Group Chief Risk Officer, effective 1 October 2025. Kaufmann, who currently holds the same role at Helvetia and has served as CRO at NN Group and … Read the full press release

Swiss Re Appointed as Co-Investment Manager for GAM’s ILS Funds, Enhancing Cat Bond Expertise

(IN BRIEF) Effective 7 May 2025, Swiss Re, through its subsidiary SRILIAC, will co-manage GAM’s insurance-linked security funds, including the GAM Star Cat Bond UCITS Fund. This partnership involves managing approximately USD 3 billion in assets from GAM’s ILS funds … Read the full press release

SABIO GROUP TAKES IT’S ‘DISRUPT’ CX PROGRAMME ACROSS EUROPE

(IN BRIEF) Sabio Group announced that its highly regarded “Disrupt” digital customer experience transformation programme is expanding across Europe in 2025, now reaching three major cities: Madrid, London, and Paris. This expansion comes as the CX industry faces rapid AI … Read the full press release

Prudential and Vama Forge New Health Insurance Venture to Propel India’s ‘Insurance for All’ Ambitions

(IN BRIEF) Prudential plc has announced a joint venture with Vama Sundari Investments (Delhi) Private Limited to establish a standalone health insurance business in India. Under the new arrangement, Prudential Group Holdings Limited will hold a 70% stake, while Vama … Read the full press release

Commission Report Urges State Vocational Rehabilitation and Corporate Transparency for Healthier Working Lives

  (IN BRIEF) The final report from the Commission for Healthier Working Lives, set up by the Health Foundation, has been released after a nine-month study. Aviva was actively involved in the process, providing evidence on maintaining employee health and … Read the full press release

Aviva Study Reveals Critical Gaps in UK Women’s Ovarian Cancer Awareness, Urges Early Detection

  (IN BRIEF) Aviva’s recent research, conducted during Ovarian Cancer Awareness Month, reveals significant gaps in the knowledge of ovarian cancer symptoms among UK women. The study found that 62% of women overall, and 73% of those over 55, feel … Read the full press release

VIG Bolsters Polish Market Dominance with Strategic Investment in Leading Financial Broker

(IN BRIEF) Vienna Insurance Group is strengthening its market position in Poland through a strategic investment in Phinance, a leading financial broker with an extensive network of customers and consultants. This move comes on the heels of the 2024 merger … Read the full press release