Vincent Huck

EIOPA warns of increased market and credit risk

Due to disconnect between market performance and economic outlook

Amundi formally establishes outsourced CIO solution

Manager already manages €44bn of assets in outsourced CIO mandates

Deals round-up - 05 February 2021

Legal & General, Pension Insurance Corporation

EIOPA's Solvency II advice at odds with European Commission's CMU plan

Tug-of-war between regulators and policy makers as EC director announces lifting barriers for insurers' investments

Don't wait for regulation to act on climate, EC director tells insurers

While climate activists call on regulators to step in and the industry asks for help as "insurers can't do it alone"

L&G industrial property investment fund reaches £2.5bn AuM

PIC invests £120m in Spanish solar bond

Following previous debt investments of £190m and £277m in February and June 2020

Hong Kong RBC to drive change in asset allocation

But not everyone agrees on scale of reallocation

CNP Assurances publishes 2025 climate targets

In line with Net-Zero Asset Owner Alliance's 2025 target setting protocol

EIOPA's proposed changes would align SII with economic risk, Moody's says

Impact on ratios would be moderate and limited on sector's credit strength, rating agency adds