Archive

Aviva provides £40m refinancing loan to Martin's Properties

Aviva Investors buys Norwegian educational centre for NOK 415.5m

Aviva Investors, the global asset management business of UK insurer Aviva, has acquired an educational centre in Kristiansand, Norway, for NOK 415.5m ($53.4m).

Axa offloads $32bn of Swiss liabilities

AXA Switzerland is transferring CHF31bn ($32bn) of insurance liabilities off its balance sheet in a bid to shed capital intensive "full value insurance" businesses, the insurer said.

Allianz X invests $35m in South Asian mobile platform

Allianz X, the digital investment unit of the German insurer Allianz, has invested $35m in Indonesian ride-hailing platform Go-Jek.

Trump tax law decimates P&C demand for municipal bonds

Last year's US tax law is destroying insurer demand for municipal bonds, once considered the most attractive surplus cash investment for the country's property and casualty insurers. Sarfraz Thind reports

Allianz puts $117m in African infrastructure fund

L&G invests £180m in Woodside industrial estate

LGIM Real Assets, the property business of Legal & General (L&G) Investment Management, has acquired Woodside Industrial Estate in Dunstable, Bedfordshire, from investment firm Harbert Management Corporation for £182.3m ($256.9m).

PRA to review life insurers' risk taking in "complex" illiquid investments

A lack of external credit ratings and observable market prices makes it difficult to assess insurers' risk-taking in increasingly popular illiquid asset classes, according to the Prudential Regulation Authority (PRA).

Scottish Widows likely to split SLA assets among several managers

Scottish Widows is likely to allocate the £109bn ($153bn) it is pulling from Standard Life Aberdeen (SLA) among "several asset managers," according to Bloomberg.

Scor raises €1bn of third-party assets in 2017

Scor Investment Partners, the asset management arm of Scor, raised €1bn ($1.2bn) of assets from external institutional investors in 2017, the company said today.