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Prudential hit with $638m investment loss in Q1
03 May 2019Derivatives and tightening credits spread to blame
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MetLife investment income drops 35% in first quarter
02 May 2019Weak private equity performance, yield curve inversion hits variable income result
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Less onerous ZZR reserving relieves pressure to encash investments
02 May 2019German life insurers welcome rule change which lower their contributions to their interest rate reserve
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China opening the door further for foreign players
02 May 2019New measures should make it easier for foreign firms to manage market risk
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Insurers back calls for governments to implement net-zero emission strategies without delay
02 May 2019UK, Dutch and Swedish insurers urge governments to start implementing plans to be carbon neutral by 2050
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Lloyds takes £339m hit for estimated cost of Scottish Widows' manager switch
02 May 2019One-off costs hit the banks’ Q1 profit
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Axa IMRA expands US team with two hires
02 May 2019Jonathan Matson will be tasked with raising capital from US investors for Axa IMRA strategies
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Thai insurer with $400m in assets becomes Allianz franchise
01 May 2019Partnership across both life and general insurance businesses to increase local investments
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Aegon Asset Management creates global head of ESG role
01 May 2019Former European Investment Bank investment officer Bruno Maradei takes on the position effective immediately
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Moody’s issues poor outlook for Uruguayan insurers
01 May 2019Earnings take hit from price competition, natcats and agricultural claims
- UK buy-in volumes could hit £55bn in 2026, LCP says
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- NAIC backs abolition of US Federal Insurance Office
- PGIM to deploy $1bn into private credit secondaries over next two years
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- Cathay Life invests $50m in KKR infrastructure fund
- Leverage and liquidity in private markets: The new frontier for evergreen funds
- AllianzGI Indonesia signs management mandate with Allianz Life Indonesia
- PIC completes £6.6m buy-in with Primula pension scheme