Archive

  • Viridium CEO defends role of life consolidators after back-book deal blocked

    08 May 2024

    Tilo Dresig says firm almost doubled minimum returns for Generali Leben policyholders

  • SFCRs shine light on German legacy life books of Zurich and Axa

    16 April 2024

    Groups have planned, with mixed success, to sell the back-books to consolidators

  • Achmea says "exploring internal and external options" for life business

    12 February 2024

    Dutch conglomerate has one life unit and two pensions units

  • Moody's predicts German life consolidation to slow after Zurich-Viridium deal is cancelled

    01 February 2024

    Christian Badorff says that even the perception of BaFin rejecting PE-backed deals could decelerate activity

  • Regulators' 2024 priorities: Germany, France, Belgium, the Netherlands

    31 January 2024

    Insurance regulators explain why third-party IT risk, credit risk, sustainability and managing silent cyber coverage will be among their top concerns this year. Ronan McCaughey reports

  • BaFin's PE-ownership concerns nixed Viridium-Zurich deal

    30 January 2024

    Insurer says it remains committed to finding a solution for legacy portfolio sale

  • Zurich's €20bn German life backbook deal with Virdium falls apart

    30 January 2024

    'Project Sander' involved 720,000 policies and gross reserves worth €20bn, German unit's SFCR said

  • BaFin to scrutinise third-party IT risks facing insurers in 2024

    26 January 2024

    The regulator has identified seven key risks for Germany's financial system

  • BaFin warns "permanently loss-making insurance lines are not acceptable"

    05 January 2024

    German regulator issues statement in context of unabated claims inflation

  • Eiopa elects Irish and Portuguese supervisors to management board

    28 September 2023