News

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

PIC makes first investment in offshore wind

Walney Extension Offshore Wind Farm will generate power for more than 500,000 homes

L&G expands UK retirement home portfolio with £51m acquisition

Legal & General (L&G) has acquired retirement home provider Renaissance Villages (RV) for £51m ($67m) from UK property developer Helical.

Manulife outlines green bond framework for sustainable investment

Canadian insurance group Manulife has published a green bond framework outlining its strategy to raise funds through the issuance of green bonds for the purpose of investing in sustainable assets.

Axa IM changes reporting line as part of major restructure

Andrea Rossi will report to group CEO

Axa IMRA raises €240m for European logistics development fund

Axa Investment Managers- Real Assets (Axa IMRA) has secured €240m ($279m) of funding for its logistics development club fund to invest in logistics development projects across Europe.

PRA issues guidance on calculating SCR relief from MA portfolios using internal models

The Prudential Regulation Authority (PRA) has issued its second consultation paper (CP) on the matching adjustment (MA) in as many weeks, setting out what it expects of internal model firms applying the mechanism to calculate their solvency capital requirements (SCR).

Allianz's third-party net inflows surpass €100bn in first three quarters

'Outstanding' investment performance from Pimco, says firm