News

  • PIC invests £60m in City of London's philanthropy

    13 March 2018

    UK bulk annuity provider, Pension Insurance Corporation (PIC), has agreed a £60m ($83.4m), 50-year debt investment in the Mercers' Company, a livery company in the City of London.

  • L&G completes Cala Homes purchase for £315m

    13 March 2018

    Legal & General Capital (LGC), the principal investment arm of UK insurer Legal & General, has completed its takeover of Scottish-based housebuilder Cala Homes in a deal worth £605m ($839m) in total.

  • 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.

  • L&G boosts urban regeneration and clean energy with new hire

    12 March 2018

    Legal & General Capital (LGC), the principal investment arm of UK insurer Legal & General, has hired John Cummins as its managing director of urban regeneration and clean energy.

  • Allianz Global Investors vice-chair to lead UK impact investment unit

    12 March 2018

    Prime minister Theresa May has asked the vice-chair of Allianz Global Investors Elizabeth Corley to lead an industry taskforce on impact investment in the UK.

  • French insurers welcome EC sustainable investment proposals

    12 March 2018

    "FFA joins growing support for EC paper"

  • Low scores in debt service for Dutch insurers

    09 March 2018

    Fitch Ratings has released its peer review analysis for the Netherlands' insurance industry, rating three of the most prominent insurance firms in the country.

  • Allianz grows real estate portfolio to record €56bn

    09 March 2018

    Allianz Real Estate, the property arm of the German insurer, saw a 12% growth in assets to €56bn ($68.9bn) in 2017, up from €50bn in the previous year.

  • EU to investigate lower capital charges for sustainable investments

    08 March 2018

    Insurers key to reorienting financial system towards sustainability

  • Aviva tells affiliate manager to find more illiquid investments

    08 March 2018

    Aviva has put finding more external business and more illiquid assets on this year's agenda for its affiliate manager, Aviva Investors.