News

• Lloyds takes £339m hit for estimated cost of Scottish Widows' manager switch

  02 May 2019

  One-off costs hit the banks’ Q1 profit

• Axa IMRA expands US team with two hires

  02 May 2019

  Jonathan Matson will be tasked with raising capital from US investors for Axa IMRA strategies

• Thai insurer with $400m in assets becomes Allianz franchise

  01 May 2019

  Partnership across both life and general insurance businesses to increase local investments

• Aegon Asset Management creates global head of ESG role

  01 May 2019

  Former European Investment Bank investment officer Bruno Maradei takes on the position effective immediately

• Moody’s issues poor outlook for Uruguayan insurers

  01 May 2019

  Earnings take hit from price competition, natcats and agricultural claims

• Equity market rebound boosts Markel’s Q1 operating revenue

  01 May 2019

  Markel reported $2.5bn in operating revenues in Q1

• Treasury needs more time to understand complexities of flawed measure of inflation

  01 May 2019

  Phillip Hammond delays decision on whether to cease issuing RPI-linked govvies

• 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.