News

• Insurance-backed investments to fuel African sustainable growth

  11 December 2020

  Continent has ample resources and total investments could range from $180bn to $400bn in a decade, says Swiss Re

• Moody's expects 3 to 5 percentage point deterioration in insurers' solvency ratio in 2021

  10 December 2020

  Outlook for the industry is negative due to ultra low interest rates and credit risk

• Prudential Financial launches $300m venture capital firm

  10 December 2020

  PruVen Capital to invest in insurtech, fintech, and healthtech start-ups

• Liberty Mutual becomes first US P&C insurer to join PRI

  10 December 2020

  Move to incorporate ESG principles follows regulatory outcry against Boston-based insurer in May

• Axa IMRA buys Italian logistics assets for €270m

  10 December 2020

  Takes European logistics portfolio to €2.2bn

• Insatiable chase for yield will be more pronounced in 2021, Macquarie says

  09 December 2020

  Negative yielding corporate debt rises to $2.7trn in last year

• Groupama commits to global coal exit by 2040

  09 December 2020

  At the end of September 2020, French mutual had €150m (or 0.4% of its AuM) invested in thermal coal assets

• LGIM launches ESG-friendly fixed income ETFs in partnership with JP Morgan

  09 December 2020

  Focused on liquidity and ESG and targeted at European wholesale and institutional investors

• CECL had little impact on US insurers this year

  09 December 2020

  Fitch says accounting standard largely immaterial for insurer reported equity

• US recovery not until 2023, Axa IM says

  08 December 2020

  Worse outbreak of COVID-19 in winter predicted