NN Group extends new investment restrictions to conventional oil and gas companies
Signalling potential for divestment from existing investee companies showing lack of progress
News
Caution and patience watchwords for US insurers, Conning says
Recession is "bubbling under," according to head of structured products
Skandia appoints Gabriel Lundström as head of sustainability
Who will report into the head of asset management
Inga Beale: Don't be surprised if Lloyd's GA beats its underwriting from time to time
Former Lloyd's CEO says lifers can sometimes be nervous to ask customers what products they want
Chinese insurer funds making 5.24% in Q1, regulator reveals
Deterioration in solvency ratios decelerates
Chart of the week - Sex, drugs, and 'actuarial best practice'
Insurance actuaries are having to rethink what 'sex' means, as a differentiator for pricing policies
Great-West sells Putnam to Franklin Templeton for $1bn
Insurer will allocate $25bn to Franklin Templeton as part of deal
MetLife CEO says CRE among firm's best performing asset class
Highlighting parallel investment in real estate equity as a "differentiator" for the firm
Debt ceiling agreement not a panacea, AM Best warns
Treasury does not have to default for US to be downgraded, says chief rating officer
US life insurers well positioned to absorb steep downturn in CRE markets, Moody's says
Industry's $600bn commercial mortgage loan holdings most at risk from market crash
AllianzGI appoints Johann Bey as new head of Allianz Insurance Asset Management
Who will lead on the relationship with parent company Allianz
Conning promotes Matt Daly to head of North America
Cindy Beaulieu named CIO of Conning North America
US insurers continuing to allocate to privates despite better public debt yields
Complexity premium is the new vogue term for insurers, says Nuveen
Link AM sees gains in Hong Kong and Australia property portfolio at end of financial year
Amidst underwhelming China mainland results, with total revenue declining 5.9% year-on-year
Actuaries urged to apply skills to unearth investment greenwashing
International Congress of Actuaries discusses climate scenarios, inter-disciplinary work and portfolio risk management
RLAM calls for more just transition reporting
Simonetta Spavieri, senior engagement analyst at Royal London Asset Management, speaks to Josh Adcock about wins and challenges of engaging with energy company SSE on its just transition report
CDPQ and other Quebec investors pledge $300m in sustainability fund
Investi Fund was launched by Innocap and Finance Montréal
Prudential appoints new CFO after code of conduct investigation into incumbent
James Turner, who resigned today, to be replaced by Ben Bulmer
FWD names successor to CFO Jon Nielsen
Sid Sankaran will join from Oscar Health
LGIM targets 'climate laggards' in investment strategy with Swedish pension provider AP7
Eschewing climate leaders and looking to engage with companies in climate-critical sectors
SCOR CIO takes on CFO and deputy CEO roles
Francois de Varenne acted as interim CEO for Q1 2023
Mirae US real estate fund loses 70% of value
Insurers invested in fund which has suffered from office downturn
'Green' capital charges risk under-reserving for risk, actuaries told
Actuaries warn of "moving away from the strict actuarial approach" as climate change looms
US insurers ETFs drop by 23.5% in 2022, first significant decline since inception
Two "mega" insurers exited all equities which contributed to decline, S&P Dow Jones finds
CDPQ participates in acquisition of Sensor Networks tech company by Previan
Of which CDPQ has been a long-term investor
European CRE picture is "less alarming" than in the US, Allianz says
But careful selection needs to be uppermost for investors
Chart of the Week - Solvency II ratios and general account debt holdings
As debt holdings devalued in 2022, so did insurers' Solvency II funds, and ratios
Japanese financial organisations launch sustainable finance platform initiative
To improve ESG-information sharing mechanisms
Schroders Capital calls for "paradigm shift" in real estate climate risk analysis
Stating current analysis focused more on transition risk and lacked necessary nuance to understand localised and asset-specific risk
MetLife IM to manage 'significant amount' of parent's $19.2bn reinsurance deal
MetLife signed deal to reinsure annuities with Global Atlantic
Analysis
The (very) fine art of triangulating investment risk, reward and Solvency II capital
Europe's CIOs are being challenged as never before to get investment and regulatory trade-offs right in portfolios. David Walker finds a tool built to help
Equities exposures - feast, then famine, for Europe's CIOs
Whether they love them or hate them, Europe's CIOs hold shares, directly and in funds they came to about one-fifth of their GAs in Q3 2023. Appreciating or reviling the exposure may rather depend on the year, David Walker reports
Italian CIOs welcome BTP yields rising - but maybe not their "exploding" - in 2022
While European CIOs welcomed debt yields heating up again in 2022, for Italians BTPs underwent a truly combustible expansion, David Walker finds
The US battles against ESG
US climate change politics have hit a turning point. What started off as mild disgruntlement against woke investing now looks to have turned into an all-out war by right-leaning states against climate siders. It is enough to make the head spin. Sarfraz Thind reports
US debt ceiling drama strikes again
Grubby politics are again featuring as the spoiler for financial market equilibrium. The US debt ceiling standoff seems to be an annual affair—but this one looks a lot more serious than those in the past. Sarfraz Thind reports
Benelux insurers' investment capital bills gyrate, in time with markets, in 2022
Some insurers faced triple-digit hikes in interest rates SCRs as equities and spread risks dramatically gave way, David Walker reports
CNP Assurances' philosophy of 'investing meaningfully'
In the third and final part of this series, chief investment officer Olivier Guigné discusses the French insurer's approach to sustainability investing and why biodiversity needs to become an economic necessity. Interview by Vincent Huck
Northern exposure - equities bestow mixed blessings on Nordic/Scandinavian insurers in 2022
Markets may have dived as rates, geopolitical tension and inflation rocketed, but Scandinavian and Nordic insurers' faith in equities was not always misplaced. David Walker reports
Investing made simpler, in a more complex world, at CNP Assurances
In the second of this three-part interview, chief investment officer Olivier Guigné discusses the current investment landscape for insurers, and where CNP Assurances sees opportunities going froward. Interview by Vincent Huck
Getting real about sustainable assets?
Panellists at Insurance Asset Risk's real asset conference 2023 debunk the idea of a 'greenium' and praise a widening of the real asset sustainability investment universe. Josh Adcock reports.