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Hannover Rueckversicherung and Axa France announce longevity swap on the French market

Friday, 8 Aug 2014 05:00am EDT

Hannover Rueckversicherung AG and Axa France:Say Axa France and Hannover Re announce the conclusion of first longevity swap on the French market.Say the treaty covers more than 22,000 insured with pension liabilities representing nearly 750 million euros.

CNP Assurances SA signs long-term strategic partnership with Banco Santander, acquires 51 percent stake in subsidiaries

Thursday, 10 Jul 2014 02:45am EDT

CNP Assurances SA:Says it has entered into an exclusive long-term distribution agreement with Santander Consumer Finance (Banco Santander Group) and has agreed to acquire a 51 pct stake in Santander Consumer Finance's life and non-life insurance subsidiaries.The partnership includes all the life insurance products.Says it will cover 10 European countries: Germany, Poland, Italy, Spain, Austria, Portugal, Norway, Sweden, Denmark and Finland.

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