News

• Carlyle acquires 19.9% of AIG’s reinsurance unit

  01 August 2018

  And takes on $6bn asset management portfolio as part of the deal

• German insurers warn against ESG goals diluting Solvency II

  31 July 2018

  But trade body welcomes European Commission wishes for uniform ESG taxonomy

• Korea Post Insurance looking for managers for global tactical asset strategy

  31 July 2018

  This is the firm third overseas mandate in four months

• LGIM accused of compliance failures

  31 July 2018

  FCA received LGIM employees’ complaint for poor risk culture

• ASI survey highlights growing ESG integration in smart beta strategies

  31 July 2018

  Over three-quarters of surveyed asset owners are considering ESG integration although only 24% currently using a smart beta ESG strategy

• Axa IMRA acquires €105m Turin shopping centre

  30 July 2018

  The firm is believed to have spent €594m in just two years on Italian commercial property, at a run-rate that equates to at least €25m per month.

• PartnerRe announces $60m investment loss in H1

  30 July 2018

  Driven by an increase in risk-free rates in the US and widening of credit spreads in the US and Europe

• World Bank’s launch C$1bn bond to invest in women and young people

  30 July 2018

  Insurance companies, asset managers and pension funds make up 39% of the 40 investors committed to the bond

• Hiscox allocates a quarter of assets to cash

  30 July 2018

  London-listed insurer plans for rising interest rates and market volatility

• Australian and New Zealand financial sectors commit to sustainable finance roadmap

  27 July 2018

  Impact investing has grown from $1.2bn in 2015 to $5.8bn in 2017 according to local impact investing association