-
Genworth promotes CIO to additional CFO role
29 July 2020Dan Sheehan to assume both roles and succeeds departing Kelly Groh
-
AIG unit fined $40m for conflicts of interest in investment product sales
29 July 2020VFA netted millions of dollars in fees from investments sold through teachers' unions
-
Axis Capital Q2 investment results down 67% from 2019
29 July 2020Insurer hit by losses in credit and real estate
-
First American profits $69.3m from equity gains in Q2
24 July 2020But fixed income suffers on short-term rates drop
-
Travelers posts Q2 loss of $40m compared to $557m gain last year
23 July 2020US insurer hit by cats and lower investment income, COVID-19 losses modest
-
AllianzGI sued by US pension fund for pandemic-losses
23 July 2020Arkansas teachers fund says AGI lost it $774m by employing "reckless strategy" this year
-
Quarter of US insurers upped IG credit allocation, DWS survey finds
22 July 2020US investors maintaining steady allocations through pandemic
-
American insurers still lagging on ESG investing, Goldman finds
16 July 2020Nearly 40% say ESG not considered in investment process
-
MetLife coal divestment policy not up to par, say environmental groups
15 July 2020Insurer became first major US life company to announce coal divestment last month
-
Asset managers pressurise Brazil to ban Amazon fires
10 July 2020Work by asset managers sets 120-day ban following 34% increase in Amazonian deforestation this year