Asset management

News

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

Slimmed-down Aviva plans £3.75bn capital return

Acquires UK advisor Succession Wealth in a bid to grow retirement business

Generali eyes €1.5bn SCR reduction through life book optimisation

Italian group launches its first share buyback in 15 years

EY's Gareth Mee to join Legal & General

Move comes amid management reshuffle in the retirement and insurance divisions

Europe and Bermuda insurer outsourcing report launched

The study has been produced by InsuranceERM's research and data arm, Insurance Risk Data

Get CRO and CIO insights at Insurance Risk & Capital Americas 2021

InsuranceERM's virtual conference will take place on 22-23 of September

NN expects solvency boost from selling NNIP to Goldman Sachs

Deal is worth €1.7bn to Dutch insurer

Oliver Bäte's house among those hit in July's floods

Allianz CEO estimates €900m gross claims costs across Europe

Axa estimates €400m impact from July flooding

No dampening H1 results as Axa XL division bounces back

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