Archive

Swiss Re US earnings face volatility from GAAP accounting change

Swiss Re has warned investors that new US accounting methods for equity and some alternative investments could lead to greater volatility in its US earnings when stock markets fluctuate.

Anbang to get $10bn rescue injection from industry fund

Bailout to support troubled insurer

MetLife buys €100m green bonds

MetLife Investment Management, the asset management arm of US insurer MetLife, has purchased €100m ($123m) of green bonds from WDP, a real estate investment company based in Belgium.

Lloyd's sets criteria for coal divestment policy, but activists say it's not enough

Lloyd's of London will not invest in firms which have 30% or greater of their revenues or electricity generated from coal, produce 20 million tonnes plus of coal a year or operate 10GW or greater of coal-fired power stations, climate activists said today.

BaFin issues blunt warning on infrastructure investments

Germany's insurance regulator has warned underwriters against making infrastructure investments unless they fully grasp the "high complexity and heterogeneity" of the popular asset class.

Chesnara de-risks Dutch assets to reduce capital requirements

Chesnara sold indirect investments in equity holdings and bought fixed income assets during 2017, to de-risk the portfolio of its Dutch business, Scildon.

What next for Scottish Widows' asset portfolio?

Scottish Widows' decision to dump asset manager Aberdeen marked a rare public announcement by an insurer to change third-party managers. Gavin Stewart, director of asset allocation at Scottish Widows, shares insights on its next asset manager selection process with Sarfraz Thind

Allianz Real Estate expands into CEE with Vienna office managed by Villadsen

Allianz Real Estate, the property arm of the German insurer, has opened an office in Vienna and appointed Thomas Villadsen to the newly-created role of director of Austria and Central & Eastern Europe (CEE).

L&G strikes Scottish hotel deal

PGIM Real Estate promotes executive director to head of European investment research

PGIM Real Estate, the real estate business of Prudential Financial's investment unit, has named its current executive director Greg Kane as head of European investment research.