News and Videos about Insurers from Pensions & Investments
FSOC designates MetLife as 'systemically important'
trueMetLife Inc. was designated a non-bank systemically important financial institution by the Financial Stability Oversight Council on Thursday.
MetLife Investment Management hires managing director for investor service team
trueAmy Cummings was named managing director of the investor services team at MetLife Investment Management.
NCR Corp. agrees to partial pension buyout with Principal Life Insurance
trueNCR Corp. announced Wednesday it has purchased a group annuity contract from Principal Life Insurance Co. to transfer about $160 million in pension liabilities, representing 4,500 retirees receiving benefits from its pension fund.
Tax change spurs £9 billion of commitments to U.K. private placements
trueSix money managers and insurers have announced around £9 billion ($14.1 billion) of commitments to U.K. infrastructure and other private placements in the U.K., following a change in tax treatment.
Taiwan's Cathay Financial to buy Conning Holdings
trueCathay Financial Holding Co. will buy Conning Holdings Corp. a money manager focused on insurance clients, from private equity firm Aquiline Capital Partners for up to US$240 million.
Insurer Zurich proposes freezing its U.K. pension plans
trueZurich Insurance Group Ltd. is proposing to harmonize pension benefits for all U.K. employees by freezing its defined benefit plan to future accruals, with the aim of safeguarding the sponsor against the ongoing effects of longevity and low interest rates.
Munro shaking up Aviva Investors
trueEuan Munro, CEO at Aviva Investors, has made big changes not only to investment processes, but also to personnel, in his quest to bring the money manager to the forefront of institutional decision-makers' minds.
Aon Minet pension fund completes third buy-in
trueAon Minet Pension Scheme completed a second pension buy-in with Pension Insurance Corp., covering £210 million ($336 million) of liabilities.
Allstate Investments picks managing director for alts strategies
trueRussell K. Mayerfield was named senior managing director in investments at Allstate Corp., said Maryellen Thielen, spokeswoman.
U.K. institutional market by client type
trueAccording to the Investment Management Association's latest survey, pension fund clients accounted for 51.2% of the United Kingdom's £2.6 trillion institutional market as of Dec. 31. Corporate pensions plans represented 41.6% of the total, followed by local and government pension schemes (7.1%) and ...
FSOC considers designating MetLife as systemically important
trueMetLife Inc. should be designated a systemically important financial institution, members of the Financial Stability Oversight Council voted Thursday in a closed meeting.
FHFA plans to kick REITs out of home-loan banks
trueThe overseer of the Federal Home Loan Banks is planning changes to membership rules that would keep investment firms and lenders lacking customer deposits out of the U.S. government-chartered system.
Managers of insurance assets - 09/01/2014 Special Report - Pensions & Investments
truePensions & Investments takes a look at the largest managers of non-affiliated insurance assets.
Companies move outside the box
trueAsia-based insurance companies are reviewing their asset management ambitions amid a hunt for yield that's found them outsourcing an ever-growing chunk of their assets to external money managers.
Alternatives get a warm welcome from insurers
trueInsurance companies are more open now to alternative investments as a way of getting higher returns than their low-performing fixed-income portfolios, while staying within the risk limits set by the U.S. insurance regulator. This is great news for alternative investment managers trying to get a ...