News

• Oil firms unattractive without climate targets

  30 April 2019

  According to survey of 39 fund managers including insurers and their investment affiliates

• Berkshire Hathaway to invest $10bn in Occidental Petroleum

  30 April 2019

  Backing the US oil group bid for Anadarko against Chevron’s bid

• Govvies exposure still a threat for Italian life insurers, AM Best warns

  30 April 2019

  Rating agency issue stable outlook for Italian market despite balance sheets sensitivity to potential increase in interest spreads.

• African insurers tackle sustainability issues

  30 April 2019

  African insurers and UN leaders meet in Lagos to tackle industry’s role in sustainable development

• Sanlam UK acquires Thesis Asset Management

  30 April 2019

  Sanlam Life & Pensions’ parent company grows AuM to £4.2bn with acquisition of asset manager

• C-ROSS: Solvency II with a Chinese twist

  29 April 2019

  Under the Chinese regulation, assets and liabilities are not valued on a market-consistent basis, and equity and credit risk receive lower capital charges

• Scor scales up coal divestment policies

  29 April 2019

  Insurer Scor has strengthened its coal exclusion policies, but it still falls short of alignment with the goals set by the Paris Climate Agreement.

• Pimco hires former JP Morgan AM country head to lead its Swiss offering

  29 April 2019

  Patrick Beuret joins Allianz-owned asset manager to grow Swiss business

• Market risk overtakes credit risk at Legal & General Group

  29 April 2019

  SFCR shows an increased sensitivity to property price falls and narrower spreads

• German public insurers have above-average exposure to low rates

  26 April 2019

  Fitch Ratings warns that limited scope to diversify into index-linked products puts public sector insurers at greater risk than private counterparts