News

• PIC invests £145m in Durham University

  30 August 2018

  Through very long-dated funding with £70m maturing in 2058 and £75m maturing in 2067, to match PIC’s pension payments

• Macquarie University prices inaugural bonds

  30 August 2018

  With one bond allocated to asset managers and life insurance funds largely based in Australia

• Pimco wins AUD440m ESG fixed income mandate

  30 August 2018

  Allianz asset manager will manage a portfolio of fixed-income securities for Australian pension fund Local Government Super

• Insurers underperform on ESG integration

  30 August 2018

  In particular US insurers struggle with the heavily politicised issue of climate change

• Moody’s warns Apollo about shifting Aspen’s investments

  29 August 2018

  Caution comes even though Aspen UK holds only 5% in shares

• European insurers call for reintroduction of equities recycling in IFRS 9

  29 August 2018

  Ban misleads performance of long-term equity investment, says Insurance Europe

• Sustainable investment taxonomy should be broader, say European insurers

  28 August 2018

  Insurance Europe responds to European Commission's proposal to create a classification system

• Interest rate environment prompts Baloise asset reallocation

  28 August 2018

  Baloise has reshuffled several investments for higher yields

• Apollo buys Aspen for $2.6bn

  28 August 2018

  US asset manager locks deal with Bermudan re/insurer

• Aegon reaches $100m settlement with US regulator over model faults

  28 August 2018

  The Dutch insurer did not admit or deny the SEC findings