Insurance

Finance
“John has excellent academic credentials, is an entrepreneur with a proven track record, and is of the right age. Having a family member in this role is often better than an external person because John has a shareholding interest,” said François Tesch, former board member of Foyer Finance. Photo: Jan Hanrion/PAPERJAM
INSURANCE

Inside the transition from François Tesch to John Penning

As François Tesch steps back, Foyer Finance is entering a new era under John Penning. The executives explain that the family holding is betting on stronger governance, long-term ownership and new growth pillars to preserve its entrepreneurial identity in a fast-changing world.

Sylvain Barrette • 07.05.2026
Following a stint in Luxembourg and a strategic reorganisation, TransRe is setting its sights on Munich and pulling out of Luxembourg. Photo: Shutterstock
INSURANCE

With TransRe’s departure, a little bit of Warren Buffett is leaving

Thierry Labro • 05.05.2026
Alongside his industrial activities, Rodolphe Saadé has, in just a few years, built up a media division centred around his subsidiary CMA Média. (Photo: Shutterstock)
INSURANCE

Billionaire Rodolphe Saadé sets up his reinsurance business in Luxembourg

Thierry Labro • 04.05.2026
The office will be headed by Wim Geleyn, who has 30 years’ experience at Aon, Marsh, AIG and Axa XL. Photo: Councilium
INSURANCE

Consilium lists Luxembourg among its key financial centres

Ioanna Schimizzi • 29.04.2026
The European arm of the US insurer USAA is opening a branch in Luxembourg, a move mandated by the regulator but one that places the Grand Duchy at the heart of its post-Brexit strategy. Photo: USAA
INSURANCE

USAA is establishing a foothold in the European market in Luxembourg

Ioanna Schimizzi • 24.04.2026
From 1 May, François Pauly (right) will become chairman of the board of directors of the Lalux Group’s insurance companies, succeeding Pit Hentgen (left) after 24 years in the role. (Photo: Archives/Nader Ghavami)
INSURANCE

François Pauly replaces Pit Hentgen as head of Lalux

Ioanna Schimizzi • 23.04.2026
“This modernisation strategy is a key driver in addressing future challenges,” emphasises CEO Arnaud de Dumast. (Photo: Cardif Lux Vie)
INSURANCE

Cardif Lux Vie reports a 16% increase in turnover

Ioanna Schimizzi • 14.04.2026
The European Stability Mechanism and the European Insurance and Occupational Pensions Authority say a joint EU pool backed by loans could help narrow the bloc’s natural catastrophe insurance gap. Photo: Shutterstock
INSURANCE

Natural disasters: insurers are pushing for a European fund

Kangkan Halder • 09.04.2026
Ludovic Bayard, a specialist in employee benefits, will take charge of operations following the merger of the two companies, subject to regulatory approval. Photo: Generali
INSURANCE

Swiss Life Network is being sold to Generali for €30m

Thierry Labro • 08.04.2026
At the age of 44, with a degree in law and taxation, having attended the General Counsel Academy and holding an ILA certification in corporate governance, Sandra Bento has been appointed Executive General Counsel at Baloise Luxembourg. (Photo: Baloise Luxembourg)
INSURANCE

Sandra Bento appointed executive general counsel at Baloise

Ioanna Schimizzi • 01.04.2026
The European Insurance and Occupational Pensions Authority said insurers and distributors still make it too hard for consumers to compare products, understand cover and receive advice that matches their needs. Photo: Shutterstock
INSURANCE

Buying insurance is still too complex for consumers, Eiopa warns

Kangkan Halder • 01.04.2026
Nicolas Limbourg (third from left, front row) retains the presidency of Aca, which has an 18-member board. (Photo: Aca)
INSURANCE

The insurance market exceeds €50bn

Ioanna Schimizzi • 26.03.2026
Stephan Hersperger-Cremer took his duties on 1 March.  Photo: Zurich Eurolife
INSURANCE

Stephan Hersperger-Cremer, new CFO of Zurich Eurolife

Émilio Naud • 12.03.2026
Arnaud de Dumast, incoming chief executive of Cardif Lux Vie, will take up the role on 1 April 2026, subject to regulatory approval. Photo: Cardif Lux Vie
INSURANCE

Cardif Lux Vie names Arnaud de Dumast as chief executive

Kangkan Halder • 06.03.2026
Youssef Azzaoui has a grid of 300 criteria for assessing risks in a company. A grid that must both be applied and remain pragmatic, he nuances. (Photo: Foyer)
INSURANCE

“Today, we have 50% petroleum products in our homes”

Thierry Labro • 06.03.2026
Pierre Winne, Head of Product Management, Baloise (Photo: Paperjam)
INSURANCE

Car insurance: what’s behind the price

Pierre Winne • 26.02.2026
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