News - Re/Insurance groups

Aegon reduces investment exposure to Russia to practically zero

Dutch insurance group Aegon announced it has sold its exposure as an investor to Russia. On March 8 of this year, shortly after the Russian invasion of Ukraine, Aegon announced that it had started winding down its already negligible investments in Russia.


CFO Kees van Kalveen to leave NN Bank

Kees van Kalveen, CFO at Nationale-Nederlanden Bank (NN Bank) will leave the company on 1 January 2023 to pursue his career outside Nationale-Nederlanden. The Dutch bank announed it has already started the process to find a successor.



Swiss Re proposes new members to join its BoD

Global reinsurer Swiss Re proposes to elect Vanessa Lau and Pia Tischhauser as new Board members at the 2023 AGM, on 12 April. Current Board members Renato Fassbind and Susan L. Wagner will not stand for re-election, the reinsurer informed.



VIDEO: Insurer's contribution to ESG, with Petra Riegler and Dieter Pscheidl, VIG

"From a business perspective, it is important to understand that ESG not as a luxury, it is not Louis Vuitton of the insurance sector, it is the textile bag that you need every day to do shopping, so it is really something fundamental that is of use," Dieter Pscheidl, Head of European Affairs and ESG for Vienna Insurance Group (VIG) explained in second episode of the XPRIMM TIME FOR BUSINESS series dedicated to ESG issues.

S&P confirms excellent rating for VIG

The international rating agency Standard & Poor's (S&P) once again confirmed Vienna Insurance Group's (VIG) rating of "A+" with a stable outlook in its press release on 1 December 2022. Vienna Insurance Group thus remains one of the companies with the best rating in the Austrian Traded Index (ATX) of the Vienna Stock Exchange.

Zurich completes sale of Italian life and pensions back book to GamaLife

Zurich Insurance Group (Zurich) announced that its subsidiary Zurich Investments Life S.p.A. has completed the sale of its life and pensions back book, composed of both traditional and unit-linked policies, to the Portuguese insurance company GamaLife - Companhia de Seguros de Vida, S.A. (GamaLife).


VIDEO: ESG or not to be? Europe's roadmap and its implications for insurers

"ESG or sustainability is not a short-term trend, but a structural change, one that we have hardly ever seen in the economic history throughout the last decades," stated Dieter Pscheidl, Head of European Affairs and ESG for Vienna Insurance Group (VIG) in the opening of the first episode of the XPRIMM TIME FOR BUSINESS series dedicated to ESG issues.