Archive

Ageas sells credit and blames spreads for jump in market risk in 2017

A jump in market risk off the back of worsening credit spreads was the main factor in the increase of Ageas's solvency capital requirement (SCR) during 2017, the Belgian insurer said during its full-year results conference this morning.

Lloyds Banking Group plotted merger with Standard Life Aberdeen

M&G Real Estate secures £125m to invest in UK office market

Aegon sets aside €85m to resolve asset allocation model errors

Aegon has taken an €85m ($106m) charge in its fourth quarter results in anticipation of settling an investigation by the US Securities and Exchange Commission (SEC) into its asset management practices.

Fairfax's investment gains offset huge nat cat bills

Actions include selling First Capital and reducing shareholding in ICICI Lombard

Allianz could boost equity exposure using volatility-mitigating measures

Allianz has said its use of measures to mitigate against equity market volatility gives it comfort to commit 9% of investments to the class, and it could expand its holdings.

M&G Real Estate grows Belgian office portfolio

Scottish Widows terminates £100bn Standard Life Aberdeen contract

Lloyds Banking Group has axed the mandate it had with Standard Life Aberdeen to manage £109bn ($153bn) of assets for the bank's Scottish Widows insurance business.

Dutch insurer NN explains investment strategy in volatile markets

Lard Friese, chief executive of Dutch insurer NN, says the group's balance sheet is "well positioned" and prudently managed to navigate the volatile markets of recent weeks.

MetLife raises investment income in 2017 despite weaker alternatives

MetLife has reported a 3% rise in net investment income to $17.4bn for 2017, despite crystallising $1.1bn of net losses on derivatives and other securities.