News and Videos about Insurers from Pensions & Investments
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 ...
Insurer assets outsourced to managers jump 54% in 4 years
trueInsurance companies outsourced almost $2.8 trillion to the 50 largest money management firms managing non-affiliated insurance assets, a 54% increase from four years earlier, Pensions & Investments data show. More specifically, the top 10 firms managed $1.08 trillion in outsourced, non-affiliated ...
AXA's head of U.K. institutional resigns
trueMadeline Forrester, head of U.K. institutional at AXA Investment Managers, has resigned from the firm for a new opportunity, a company statement said.
Insurance subsidiaries spreading their wings
trueMore money managers that started life as insurance-company investment units are making a concerted effort to grow their in-house capabilities to increase the ratio of third-party assets.
Global insurer outsourcing to grow with EU rule
trueSolvency II is reaching far beyond its European Union origin, placing capital constraints on insurance asset allocation globally just as the low-yielding environment is pushing the boundaries of portfolio diversification.