Chris Cundy

Articles by Chris Cundy

  • Axa hedges equity risk with derivatives purchase

    04 May 2018

    Boosts solvency ratio by 8 percentage points

  • Derivatives use set to increase among EU insurers

    19 April 2018

    Low interest rates, financial market volatility and increased geographical diversification among EU life insurers have contributed to the sector's greater use of derivatives – and the trend is set to continue, according to rating agency Fitch.

  • Chesnara de-risks Dutch assets to reduce capital requirements

    29 March 2018

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

  • New Nordic to manage legacy assets in deal with Darag

    26 March 2018

    Investment management firm New Nordic Advisors has formed a partnership with Darag, a leading acquirer of European non-life legacy business, to launch a new consolidation vehicle.

  • Nippon Life agrees 5% stake and partnership with Deutsche's asset management unit

    12 March 2018

    Japanese insurer Nippon Life is to take a 5% stake in Deutsche Bank's asset management business, DWS, that is due to be floated on 23 March.

  • EU to investigate lower capital charges for sustainable investments

    08 March 2018

    Insurers key to reorienting financial system towards sustainability

  • China to test ALM reporting for one year

    02 March 2018

    China's insurance regulator has released new regulations on asset-liability management (ALM) in its latest step to prevent asset-liability mismatch risks.

  • Equities sales help Swiss Re to profit after $4.7bn of natcat losses

    23 February 2018

    Swiss Re recorded a profit of $331m in 2017 despite receiving claims of $4.7bn from natural catastrophes including the three major Atlantic hurricanes, Californian wildfires and cyclone Debbie in Australia.

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

    16 February 2018

    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.

  • Eiopa sets terms for annual market and credit risk modelling study

    14 February 2018

    Eiopa's study is the latest in its work targeting internal model consistency