News

IFoA observes common practices on private credit allocation

A working group hosted by the Institute and Faculty of Actuaries (IFoA) has issued guidance for insurers on investing in private credit under the constraints of Solvency II.

Italian regulator pushes renaissance of with-profits phenomenon

Rule changes would allow for multi-year profits smoothing in hybrid product

US bond charge proposals could cost life sector $6bn

Smaller underwriters to be hit hardest, says A.M. Best

L&G invests £300m in world's largest offshore wind farm

Legal & General (L&G) has agreed to provide £300m ($395m) of long-term acquisition debt in support of Danish pension funds PKA and PFA consortium's approximately £2bn purchase of 50% of UK offshore wind farm Walney Extension from Ørsted.

Lloyd's announces coal divestment policy

Allianz targets Chinese malls with $750m fund launch

Marks second investment in China in three months

L&G shuffles leadership of LGC and LGR

Eiopa observes 'search-for-yield' behaviour

LV= to change role of senior executive as three functions converge

Mark Laidlaw to head unified trio of internal teams, including investing

Zurich limits coal exposure in investment and underwriting

Third major firm to do so after Axa and Scor