During a two-day conference held by the CFA Institute, European investors discussed the geopolitical risks they face, divergences between asset owners and asset managers, and the rise of sustainability in the investment processes. Vincent Huck reports
Despite a lot of negative headlines in the summer, emerging markets are still a strategically important asset class for insurers, Sanjay Yodh and Kevin Daly of Aberdeen Standard Investments tell Vincent Huck. But the asset class is tainted by prejudices.
The same day a report highlighting investors’ shortcomings in coal investment policies was published, investors with a combined $32trn in assets demanded governments increase action on climate change. Vincent Huck tries to reconcile the news
Increased volatility, lower growth and tighter monetary policy conditions are likely to see a shift away from riskier assets by US P&C insurers in the next 12 months, according to a report by AM Best. By Sarfraz Thind
In the final part of this series on the impact of the international financial reporting standards (Ifrs) on insurers' financial reporting, Vincent Huck looks at the potential impact of the standards on risk appetite, and why insurers want to postpone implementing them.
Penn Mutual Asset Management is on the lookout for insurer assets. Since it rebranded in 2014, the Penn Mutual affiliate has been saying it is on a push to target the small-tier US insurance market that it believes to be poorly catered for by larger asset managers. But does it have what smaller insurers want? By Sarfraz Thind
In the second of a three parts series on the impact of the international financial reporting standards (Ifrs) on insurers' financial reporting, Vincent Huck looks at the potential impact of the new accounting standards, Ifrs 17 and 9, on asset allocation.
In the first of a three-part series on the international financial reporting standards (Ifrs) impacting insurers’ financial reporting, Vincent Huck explores how the new accounting standards Ifrs 17 and 9 bind both sides of the balance sheet together.
The European Commission has published for consultation a draft delegated act on amendments to the implementing rules on solvency applicable to insurers. The proposals aim to facilitate investments in private debt amongst others. Jegor Tokarevich from Substance Over Form and Frank Dornseifer from Bundesverband Alternative Investments summarise the key points for Solvency II investors.
What to make of the current insurance investment markets? How should insurers approach the issue of market liquidity? What kind of volatility might one expect in the next twelve months? IAR's US editor Sarfraz Thind asks Mohamed El-Erian, chief economic adviser at Allianz.
A decade of shareholder engagement at Exxon seem to have gone down the drain as the company now faces a lawsuit for misleading investors. While insurers were quick to broadcast their role in exercising shareholder powers, they are now found coy to comment. Adam Leach reports