News and Videos about Insurers from Pensions & Investments
Mercer expands insurance consulting group
trueRavi Rastogi joined Mercer as a partner and insurance group leader for Europe.
U.K.’s Civil Aviation Authority pension fund does £1.6 billion buy-in
trueCivil Aviation Authority Pension Scheme, London, completed a £1.6 billion ($2.5 billion) buy-in with Rothesay Life.
IMF warns of pension risks, urges FSOC to do more
truePension risk transfer to insurance companies could increase systemic risk in the U.S. financial system, the International Monetary Fund warned in a new report.
Towers Watson, Willis merger to combine strengths
trueTowers Watson & Co., with $2.2 trillion in assets under advisement, is expected to dominate the investment consulting arm of the business after it combines with Willis Group Holdings PLC, sources said.
MassMutual hires vice president to head pension risk transfer business
trueLynn Esenwine was named vice president, pension buyout at MassMutual Retirement Services, said David Potter, spokesman.
Willis Group and Towers Watson to merge
trueWillis Group Holdings PLC, the world's third-largest insurance broker, and Towers Watson & Co., the world's fifth-largest investment consultant by assets under advisement, announced on Tuesday they have agreed to an all-stock merger creating a firm with a combined market value of $18 billion.
BlackRock, Deutsche continue insurance AUM dominance despite DeAWM decline — survey
trueBlackRock and Deutsche Asset & Wealth Management continue to sit atop the rankings of the largest managers of outsourced insurance company assets, said a survey from the Insurance Investment Outsourcing Report.
MassMutual hires vice president of institutional markets
trueMichele Baldasarre was named vice president of institutional markets for MassMutual Retirement Services, in charge of relationship management for the firm’s large retirement plan clients.
Russell, Ping An end China-based joint venture
trueRussell Investments and China-based financial services conglomerate Ping An Insurance Co. of China agreed to end a joint venture they established in 2011.
Pension Insurance Corp. taps new CIO
trueRobert Groves was named chief investment officer of Pension Insurance Corp., a specialist insurer of defined benefit plans.
Penbridge unveils risk transfer index
truePenbridge Advisors, a pension risk transfer advisory firm, has launched its Pension Risk Transfer index, which measures the typical premium an insurance company would charge a generic defined benefit plan for a group annuity buyout.
EIOPA launches stress tests for European retirement plans
trueThe European Insurance and Occupational Pensions Authority launched its first stress test for defined benefit and defined contribution retirement plans in Europe.
Conning recruits equity products director
trueDonald E. Townswick was named director, equity products at Conning, said spokeswoman Katrin Lieberwirth.
Lehman Brothers International completes pension bulk annuity deal with Rothesay Life
trueLehman Brothers' European business completed a £675 million ($1 billion) bulk annuity transaction for its U.K. defined benefit plan with Rothesay Life.
New York State Insurance Fund looking for manager of emerging managers
trueNew York State Insurance Fund, New York, is searching for one or more managers of emerging managers.