News

• Zurich limits coal exposure in investment and underwriting

  15 November 2017

  Third major firm to do so after Axa and Scor

• PIC makes first investment in offshore wind

  14 November 2017

  Walney Extension Offshore Wind Farm will generate power for more than 500,000 homes

• L&G expands UK retirement home portfolio with £51m acquisition

  14 November 2017

  Legal & General (L&G) has acquired retirement home provider Renaissance Villages (RV) for £51m ($67m) from UK property developer Helical.

• Manulife outlines green bond framework for sustainable investment

  13 November 2017

  Canadian insurance group Manulife has published a green bond framework outlining its strategy to raise funds through the issuance of green bonds for the purpose of investing in sustainable assets.

• Axa IM changes reporting line as part of major restructure

  13 November 2017

  Andrea Rossi will report to group CEO

• Axa IMRA raises €240m for European logistics development fund

  13 November 2017

  Axa Investment Managers- Real Assets (Axa IMRA) has secured €240m ($279m) of funding for its logistics development club fund to invest in logistics development projects across Europe.

• PRA issues guidance on calculating SCR relief from MA portfolios using internal models

  10 November 2017

  The Prudential Regulation Authority (PRA) has issued its second consultation paper (CP) on the matching adjustment (MA) in as many weeks, setting out what it expects of internal model firms applying the mechanism to calculate their solvency capital requirements (SCR).

• Allianz's third-party net inflows surpass €100bn in first three quarters

  10 November 2017

  'Outstanding' investment performance from Pimco, says firm

• Beazley trims exposure to investment grade credit

  09 November 2017

  Reinvests in sovereign debt

• Hannover Re offloads listed shares to write more cat risk

  08 November 2017

  Equities were nearing sell triggers anyway, senior executives say