News

Lancashire investment portfolio slips to loss in Q1

Volatile equity markets and US rate increase dent total investment return

Greenlight Re posts near worst $145m investment loss

Greenlight Capital Re, the hedge fund reinsurer based in Bermuda, reported a net loss of $142.8m for the first quarter of 2018, compared to a gain of $8.4m for the same period in 2017.

Folksam and Aberdeen Standard Investments launch €300m fund

Folksam Group aims to replicate its success in the Swedish real estate market across Europe

Aviva Investors buys stake in two Scottish wind farms

Aviva Investors has acquired a 49% interest in a portfolio of UK onshore wind farms from Norwegian developer and operator of renewable energies Fred. Olsen Renewables for a total cash consideration of £117.3m ($160.7m).

NN Group and BNG Bank unlock €300m for social real estate investments

Funding for sustainable improvements to schools, town halls and other public buildings

Axa calculates climate risk for asset portfolio

Value-at-risk analysis shows corporate bonds more resilient than equities

Pimco to securitise £5bn of UKAR mortgages

Pimco and Barclays to securitise recent mortgage purchase to take advantage of investor demand

Allianz lends €300m for Apple store acquisition

German insurer Allianz has provided €300m ($362m) to German pension fund Bayerische Versorgung-skammer (BVK) to support the acquisition of a retail asset in Paris, sold by EPI, a French independent investment group.

L&G launches affordable housing provider

Insurance CIOs increase non-traditional allocations

Chief investment officers of several insurers have increased allocation to non-traditional and non-investment grade assets, according to investment firm KKR.