News

Allianz could boost equity exposure using volatility-mitigating measures

Allianz has said its use of measures to mitigate against equity market volatility gives it comfort to commit 9% of investments to the class, and it could expand its holdings.

M&G Real Estate grows Belgian office portfolio

Scottish Widows terminates £100bn Standard Life Aberdeen contract

Lloyds Banking Group has axed the mandate it had with Standard Life Aberdeen to manage £109bn ($153bn) of assets for the bank's Scottish Widows insurance business.

Dutch insurer NN explains investment strategy in volatile markets

Lard Friese, chief executive of Dutch insurer NN, says the group's balance sheet is "well positioned" and prudently managed to navigate the volatile markets of recent weeks.

MetLife raises investment income in 2017 despite weaker alternatives

MetLife has reported a 3% rise in net investment income to $17.4bn for 2017, despite crystallising $1.1bn of net losses on derivatives and other securities.

Eiopa sets terms for annual market and credit risk modelling study

Eiopa's study is the latest in its work targeting internal model consistency

IFRS 9 to "moderately increase" investment volatility

Italian regulator demands more explanation of sovereign bond risk

Italy's insurance regulator has told insurers to improve their explanations of how they manage government bond risk, in their own risk and solvency assessment (Orsa) documents.

Anbang mulling selling Waldorf Astoria back to Blackstone, reports say

Trophy-property hunting Chinese insurer Anbang Insurance Group is reported to be discussing selling New York's iconic Waldorf Astoria hotel back to private financiers Blackstone Group for an undisclosed sum.

Folksam invests $350m in sustainability bond

Swedish insurance group Folksam has invested $350m in a bond issued by the World Bank that will fund projects consistent with the UN's Sustainable Development Goals (SDGs).