Metlife in $1.25bn derivatives jump
Overall flat third quarter investment income down to lower interest margins
Watford Re reports 35% drop in investment income in Q3
Hedge fund reinsurer hit by wider high yield spreads
Apollo doubles stake in Athene
Asset manager now holds 35% of insurer with $1.5bn stock acquisition
US insurers most concerned by late stage credit cycle
Private and structured debt in demand, Cerulli report finds
IAR Americas: CIOs and CROs coyer than EU counterparts on climate-risk responsibilities
Potentially betraying the US lateness in tackling the issue
L&G appoints heads of US and Europe infra debt
Lecointe and Devenney to help expand LGIM’s £3.9bn real assets portfolio
Manulife IM launches secondary markets investment business
Appoints Hammer and Sanabria to lead new private asset-focused division
Metlife invests $125m in New York office complex
Property in Long Island hosts medical companies
Progressive sees 35% jump in investment income
Includes a $540m unrealised gain in first nine months of year
AIG appoints Panagakis to lead First Principles subsidiary
Joins from TIAA Nuveen to oversee $8bn institutional asset manager