News

PIC invests £60m in south London social housing

UK insurer of defined benefit pension funds Pension Insurance Corporation (PIC) has completed a £60m ($83.6m) debt investment with south London-based housing association Phoenix Community Housing.

Solvency II key for insurance-focused asset managers, says Cerulli

Solvency II-relevant investment work remains high on the list of considerations for asset managers, according to a survey of 41 insurers and asset managers by consultancy Cerulli Associates.

M&G buys £50m UK office and industrial assets

M&G Real Estate has bought two UK office buildings and an industrial portfolio, its first acquisitions on behalf of the M&G UK Enhanced Value Fund launched in February.

Somerset Re appoints Braverman as CIO

Axa IMRA continues Finnish expansion with residential purchase

MetLife hits record $11.2bn private debt origination in 2017

Folksam invests $400m in EIB green bonds

Swedish insurer Folksam is investing SKr3bn ($400m) in green bonds issued by the European Investment Bank, its biggest acquisition of green bonds to date.

Axa staunchly denies alleged Israeli armaments support

Chinese investment groups scope out Greece's largest insurer

Mitsui Life to boost foreign bond investment by over $2.2bn

Japan's Mitsui Life Insurance plans to increase foreign bond investments by more than 240bn yen ($2.23bn) in the next 12 months, according to reports from Reuters.