Sarfraz Thind

• CECL: US insurers getting to grips with accounting standard overhaul

  09 May 2019

  Like 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

  

• Blackstone launches impact investment arm

  08 May 2019

  Asset manager with $50bn in insurance assets seeks more responsible investments

• Federal Reserve warns of heightened corporate credit risk

  08 May 2019

  Fed’s Financial Stability Report reiterates risk of corporate bonds, loans and CLOs

• Prudential hit with $638m investment loss in Q1

  03 May 2019

  Derivatives and tightening credits spread to blame

• MetLife investment income drops 35% in first quarter

  02 May 2019

  Weak private equity performance, yield curve inversion hits variable income result

• MetLife increases responsible investments to $52bn

  23 April 2019

  Responsible assets make up 8% of total assets

• Wells Fargo AM hires US insurance solutions lead

  18 April 2019

  Ed Martin joins from Genworth Financial

• Macquarie buys Foresters’ $12.3bn asset management business

  10 April 2019

  US life insurer to focus on core activities

• NAIC takes $3.2m investment hit in 2018

  09 April 2019

  Alternative equity fund investments reduced by 70%

• SunLife cutting risk in preparation for downturn

  05 April 2019

  Poor compensation for riskier assets in current market, says SunLife CIO Randy Brown