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Axa IMRA buys £9m food retail property in East London
06 November 2017Location has 'high levels of footfall', says firm
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BNP Paribas extends mandate with Italian bancassurance firm
06 November 2017Eurovita is an existing custody client of BNP Paribas
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PRA to crack down on "undue capital relief" in Solvency II volatility adjustment
03 November 2017UK regulator concerned that VA is not being used for intended purpose
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Net investment losses at MetLife fail to dim optimism after Brighthouse spin-off
02 November 2017US insurer MetLife posted net investment losses of $606m during the third quarter, sharply down on the gains of $231m it posted a year ago, as it battles on without its $220bn retail asset management business Brighthouse Financial.
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Allianz finances Vienna's 'Austria Campus'
02 November 2017Second deal in Austrian capital in four months after The Icon
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Swiss Re hopes market normalisation will follow central bank moves
02 November 2017Artificial measures "disproportionately impacted" insurers' investing, manager says
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Eiopa's advice on standard formula change offers promise for insurers' investments
01 November 2017The European authority published its recommendations to the European Commission on changing the standard formula, with positives to be found on the scope of look-through, regional government bonds and internal credit assessment.
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Cat bond losses dent RenRe's investment returns
01 November 2017Bermudan reinsurer RenaissanceRe's (RenRe) investment returns during the third quarter were hampered by losses in its catastrophe bond portfolio, owing to the large number of catastrophe events during the period.
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Northern Trust creates new role to target insurance assets
01 November 2017US-headquartered asset manager Northern Trust has hired Andrew Booker from SEI Investments to grow its insurance and financial institution client base across Europe, Middle East and Africa (EMEA).
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Axa IMRA's investment strategist to take on research role
31 October 2017Justine Curlow succeeds Greg Mansell