Asset management

News

Abacus Life looks to expand life risk transfers for re/insurers

Leader in US life settlements broadens remit in bid for growth

Farsight Partners targets up to $250m for life ILS fund

UK firm announced partnership with Twelve Capital this week

ILS manager Twelve Capital expands into life business with Farsight Partners

Farsight is led by former Securis chief underwriter Paul Whiting

China regulator criticises four firms' C-Ross Phase II reports

CBIRC says it will enforce accuracy of solvency data

Eiopa publishes value-for-money methodology for unit-linked products

EU authority continues with crackdown on excessive fees and poorly designed policies

ASR takes on Aegon's Dutch operations in €4.9bn cash-and-share deal

ASR-Aegon combination will create second largest insurer in the Netherlands

Resolution Life strikes deal with Blackstone to grow closed book business

Partnership aims to raise $3bn for new acquisitions

LV= loses Emily Penn to Macquarie Group

She was capital and investment director at the UK life insurer

Insurance Risk & Capital Americas conference starts today

The in-person conference is being held at etc.venues in New York.

European life insurers not prepared to provide policyholder value

Research concluded this is driven by rising interest rates and inflation

European life M&A transaction value reaches $639bn

Fitch Ratings observes geographic shift in leading deal locations

Private equity giant Blackstone finds "no reason" to put insurers on balance sheet

Chief operating officer Jonathan Gray says firm is happier as an asset manager

M&G faces shareholder backlash on its climate transition plan

One-fifth of shareholders reject net-zero emissions commitments

Allianz GI barred from US after "massive fraudulent" Structured Alpha scheme

Asset manager transfers $120bn assets to Voya IM, pays $6bn in fraud case

L&G sees rare positive from the Russia-Ukraine war

Nigel Wilson says high energy prices will incentivise shift to renewables

Oliver Bäte's bonus rises despite punishment over Structured Alpha

Allianz board's long-term incentives could be cut up to 25% for hedge fund losses

Analysis

Regulators investigate the private equity-insurer love-in

Private equity companies have been acquiring insurers at an unheard of rate. Now regulators have raised concerns over asset risk and short-term greed overcoming long-term sense, as Sarfraz Thind reports

PRT expansion to drive L&G's dividend growth plan

Christopher Cundy reports from Legal & General's (L&G) investor day, where the insurer revealed new targets for its dividend, bulk annuity underwriting and investments

The cloud is a silver lining amid Covid-19

Covid-19 has put to bed any doubts about the use of cloud technology for risk and capital management. The pandemic will also drive more sophisticated risk modelling, as Ronan McCaughey discusses in his review of key trends in the risk software markets

The insurance industry's climate change leaders

Christopher Cundy introduces InsuranceERM's list of the people leading and shaping the insurance sector's response to climate change

Eiopa's Gabriel Bernardino: climate disclosures will become mandatory

Gabriel Bernardino, chair of the European Insurance and Occupational Pensions Authority (Eiopa) joined InsuranceERM's Insurance Risk and Capital EMEA conference earlier this month. In a Q&A with Christopher Cundy, he answered questions about climate change, the Solvency II review and conduct risk

Hong Kong approaches transition to risk-based capital

Hong Kong’s long-awaited risk-based capital (RBC) regime is beginning to take shape ahead of its planned implementation in 2022. Paul Walsh reports on the latest developments