Société Générale Assurances (Sogecap) has announced it would invest €800m ($957m) to help French SMEs recover from the economic dip linked to the COVID-19 pandemic.
The investments will take the form of government guaranteed loans to be refunded after eight years. To benefit from the loans, companies will need to have reported at least €2m of turnover in 2019.
As part of partnership's first deal in London
Incumbent Michael Dommermuth is leaving next month
Agency predicts proposed increase in capital requirements would affect firms' Solvency II ratios by less than 100bps
Panellists at Insurance Asset Risk's recent Responsible Investing for Insurers event discuss the difference between ESG and Impact Investing, as well as some of the challenges they are facing while building out their impact portfolios
Lifer takes 75% stake in the parent of Velocity Clearing