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Banks & Insurance

Merger of Barmenia and Gothaer Receives Green Light from BaFin

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Merger of Barmenia and Gothaer Receives Green Light from BaFin

SHERIDAN, WYOMING – August 26, 2024 – The German Federal Financial Supervisory Authority (BaFin) has granted its approval for the planned merger of Barmenia and Gothaer to form BarmeniaGothaer. The merger will be legally finalized with the registration in the commercial register, expected in early September.

S&P Global Ratings Elevates Outlook for Gothaer Insurance Group Amidst Strategic Merger

Submitted by J. Mikhail on
S&P Global Ratings Elevates Outlook for Gothaer Insurance Group Amidst Strategic Merger

SHERIDAN, WYOMING – July 30, 2024 – S&P Global Ratings (S&P) has revised its outlook for the Gothaer Insurance Group from "stable" to "positive" in light of the group's proposed merger with Barmenia. The 'A' financial strength ratings for Gothaer Allgemeine Versicherung AG, Gothaer Lebensversicherung AG, and Gothaer Krankenversicherung AG have been affirmed, reflecting the group's robust capitalization and earnings.

Merger to Drive Enhanced Competitive Positioning

Cheche Group Accelerates Growth in New Energy Vehicle Insurance Market with NIO Partnership

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Cheche Group Accelerates Growth in New Energy Vehicle Insurance Market with NIO Partnership

SHERIDAN, WYOMING – June 25, 2024 – In a strategic move that solidifies its position as a leader in China's auto insurance technology sector, Cheche Group Inc. (NASDAQ: CCG) has formed a landmark partnership with NIO Insurance Broker Co., Ltd., a subsidiary of the renowned electric vehicle manufacturer NIO INC. (NYSE: NIO). This collaboration aims to revolutionize the insurance experience for new energy vehicle (NEV) owners, capitalizing on Cheche's innovative digital platform and advanced technology to deliver comprehensive insurance solutions.

insureNXT Innovators Award 2024: Finalists Announced

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insureNXT Innovators Award 2024: Finalists Announced

The finalists for the prestigious insureNXT Innovators Award 2024 have been revealed, marking the culmination of a record-breaking 61 applications. This coveted industry prize celebrates groundbreaking products, services, business models, and projects with the potential to transform the insurance landscape.

A distinguished jury has meticulously selected three outstanding innovations to compete in the final round, spanning four distinct award categories:

insureNXT 2024 to Spotlight Future-Oriented Sales and Customer Experience in the Insurance Industry

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insureNXT 2024 to Spotlight Future-Oriented Sales and Customer Experience in the Insurance Industry

insureNXT, the leading European trade fair and congress for the insurance industry, is set to address the most pressing challenges and opportunities in future-oriented sales and customer experience. Taking place in Cologne on May 28-29, 2024, the event will feature renowned industry experts discussing innovative strategies and solutions to meet the rising expectations of today's consumers.

Strong Congress Program with a Focus on Sales and Customer Experience:

Best of Innovation: insureNXT 2023 will present the most important developments in the insurance economy on 26 and 27 April in Cologne

Submitted by J. Mikhail on
Best of Innovation: insureNXT 2023 will present the most important developments in the insurance economy on 26 and 27 April in Cologne

Cologne, 6 April 2023 - insureNXT 2023, which will take place on 26 and 27 April in Cologne, will show many innovative projects, business models and technologies. More than 170 top speakers and around 170 partners and exhibitors will present themselves at the congress trade fair for innovation in the insurance economy.

insureNXT and the University of St. Gallen are organising their first joint Future.Talk on business transformation in the insurance economy on 14 February 2023

Submitted by J. Mikhail on
insureNXT and the University of St. Gallen are organising their first joint Future.Talk on business transformation in the insurance economy on 14 February 2023

Cologne, 31 January 2023 – The University of St. Gallen, one of the leading business schools in Europe, is the new science partner of insureNXT. To start the cooperation, the Future.Talk "Business Transformation in the Insurance Economy: New Impulses through Business Model Innovations" is taking place on 14 February in St. Gallen. Highlights in the programme of the Future.Talk are use cases from UPTO (AXA), Baloise DE and Helvetia Versicherungen Germany, as well as the keynote of the investor and TV lion Carsten Maschmeyer. How do innovations find their way into new business models?

Zurich shareholders approve all Board proposals at Annual General Meeting

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peter maurer
  • Michel M. Liès confirmed as Chairman of the Board of Directors
  • Peter Maurer elected as new member to join the Board on October 1, 2022; all other Board members standing for re-election confirmed
  • Dividend of CHF 22 per share and all other Board proposals approved

The shareholders of Zurich Insurance Group Ltd (Zurich) confirmed Michel M. Liès as Chairman of the Board of Directors at today’s Annual General Meeting (AGM).

Zurich aims for net-zero target in operations by 2030 instead of 2050

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Zurich aims for net-zero target in operations by 2030 instead of 2050
  • Signs agreements with innovative carbon removal suppliers
  • Early payments made to help suppliers scale their nature-based solutions
  • Deep cuts in absolute emissions remain a key priority for this decade

Zurich Insurance Group (Zurich) is bringing forward by 20 years its target to achieve net-zero emissions in its operations.

Zurich announces the successful placement of CHF 400 million of senior debt

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Zurich announces the successful placement of CHF 400 million of senior debt

Zurich Insurance Group (Zurich) today announced the successful placement of CHF 400 million of senior unsecured Notes (the “Notes”).

The Notes will mature in July 2029. The transaction was targeted at Swiss investors.

The Notes will be issued by Zurich Insurance Company Ltd and carry a fixed coupon of 1.125%.

The transaction has been conducted for general corporate purposes.

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