News

UK politicians recommend using dormant insurance assets for green investments

Recommendations come as green investments plummet to lowest level for ten years

PartnerRe chooses Clearwater for investment data and accounting

Software will automate and aggregate investment data

Allianz posts 6.8% first quarter profit rise, driven by investment growth

Pimco contributes €19.2bn of €20.9bn of new inflows

Chinese insurers investing through shadow banks

Move driven by search for higher returns on the back of china’s private sector struggle to find capital

LGIM moves European business to Dublin

Aviva Life purchases two green bonds for £100m

Bonds issued by the developer Tideway to help finance 25km sewer tunnel under River Thames

Third Point Re posts loss of $26m

Loss driven by investment income drop, particularly in the long equity portfolio

Aviva under fire for taking only "baby steps" to move away from coal

Aviva has become the latest insurer slammed by the Unfriend Coal network for investing in the coal sector.

Allianz and CPPIB invest in India private infrastructure investment trust

Trust will focus on development of toll roads and road infrastructure in India

Japanese insurer takes first step towards divestment from coal

Believed to be the first time that a Japanese financial institution has announced such a policy.