Deals Round-up: 15 Feb 2019
Legal & General, M&G Investments, Axa Investment Managers
Legal & General, M&G Investments, Axa Investment Managers
But P&C performance was the main driver of €11.5bn group operating profits in 2018
Strong inflows into Dutch mortgage funds
Insurers’ real estate investment units take leading role in its development
The five insurers and an investment bank invested in 63 funds
Weak financial markets dampen Norwegian insurer's Q4 AuM
Joint letter tells UK Statistics Authority to seek permission from the chancellor to correct flaw in the retail price index
Poor statistics make for poor risk modelling, Ivass says
But affiliated managers grow assets in last half-year
Royal London Asset Management calls on airline to carry out ‘comprehensive review’ of its board and to toughen up governance
European Supervisory Authorities will instead carry out a review into rules in 2019
Guidance aims to promote supervisory convergence across the EU
Unipol ReC pays €130m for two portfolios worth €1.3bn
Prudential’s life business also drops
Text to pass through technical trilogue before first reading in EU Parliament
CEO describe drop as equivalent to large catastrophe loss on underwriting portfolio