News and Videos about Insurers from Pensions & Investments
Houlihan Lokey picks head of structured insurance and pension solutions
trueVishal Jhaveri was named a director and head of structured insurance and pension solutions within the illiquid financial assets practice of Houlihan Lokey, confirmed spokesman John Gallagher.
Old Mutual closer to deciding on IPO for its U.S. money manager
trueOld Mutual PLC is looking at an initial public offering for U.S. subsidiary Old Mutual Asset Management this year, subject to market conditions.
Aviva names new CFO
trueThomas Stoddard was appointed chief financial officer of Aviva PLC, confirmed a spokeswoman for the firm.
JPMAM names European head for global insurance solutions
trueJames Peagam joined J.P. Morgan Asset Management as European head for global insurance solutions, confirmed a spokeswoman for the firm.
Rothesay Life buys out MetLife's U.K. bulk annuity business
trueRothesay Life agreed to acquire MetLife's U.K. bulk annuity pension buyout business.
Principal could contribute $125 million to $175 million to pension funds in 2014
truePrincipal Financial Group Inc., Des Moines, Iowa, might contribute between $125 million and $175 million to its defined benefit pension plans in 2014.
Etera Mutual Pension Insurance Co. picks State Street for custody
trueEtera Mutual Pension Insurance Co., Helsinki, hired State Street Corp. to provide pension fund custody and other services.
BlackRock: Insurers to move to non-core, less liquid investments
trueInsurance companies increasingly will look to non-core, less liquid investments in 2014 as interest rates are expected to remain low, according to BlackRock's global insurance industry outlook.
Fitch Ratings: European insurers' investments getting riskier
trueInvestments by European insurers including Allianz SE and Axa SA are becoming riskier amid low interest rates, Fitch Ratings said.
Korea Post Insurance chooses SkyBridge Capital
trueKorea Post's $45 billion Postal Insurance Bureau, Seoul, hired SkyBridge Capital to manage $50 million in a hedge fund-of-funds strategy.
PineBridge adds Hong Kong-based head of insurance asset management
trueStephan van Vliet joined PineBridge Investments in Hong Kong as global head of insurance asset management.
More pension liability offloading by corporate plans expected
trueVastly improved funding of corporate defined benefit plans should lead to more pension buyouts and lump-sum offers like the deal announced on Nov. 13 by SPX Corp., Charlotte, N.C.
Towers Watson names leader of insurance investment advisory group
trueGeorge Caffrey was named head of Towers Watson's insurance investment advisory group.
Standard Life appoints new head of SRI, adds staff
trueAmanda Young was named head of sustainable and responsible investment at Standard Life Investments.
Insurer hires DoubleLine as subadviser for variable annuity platform
trueJackson National Life Insurance hired DoubleLine Capital to subadvise a $450 million variable annuity allocation.