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Commercial mortgages close up
16 May 2019Strong returns, stable performance, low risk—the market for commercial mortgage loans has run on tailwinds in the last 10 years with more insurers bringing the asset onto their portfolio than ever before. But, with a looming economic downturn, is the love affair with CMLs about to run out? Sarfraz Thind reports
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Sun Life sees $52m hit from PG&E exposure
10 May 2019Losses from renewable energy investments linked to bankrupt utility
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CECL: US insurers getting to grips with accounting standard overhaul
09 May 2019Like IFRS 9, the US's current expected credit losses (CECL) accounting standard was devised to tackle expected credit losses in financial institution portfolios. The rules, however, appear harsh in relation to the insurance industry. By Sarfraz Thind
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Blackstone launches impact investment arm
08 May 2019Asset manager with $50bn in insurance assets seeks more responsible investments
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Federal Reserve warns of heightened corporate credit risk
08 May 2019Fed’s Financial Stability Report reiterates risk of corporate bonds, loans and CLOs
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Prudential hit with $638m investment loss in Q1
03 May 2019Derivatives and tightening credits spread to blame
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MetLife investment income drops 35% in first quarter
02 May 2019Weak private equity performance, yield curve inversion hits variable income result
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MetLife increases responsible investments to $52bn
23 April 2019Responsible assets make up 8% of total assets
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Wells Fargo AM hires US insurance solutions lead
18 April 2019Ed Martin joins from Genworth Financial
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Macquarie buys Foresters’ $12.3bn asset management business
10 April 2019US life insurer to focus on core activities