Private Credit Is Top Choice for Insurers Managing $13 Trillion April 5, 2024 By Liz Capo McCormick For the first time, a fixed-income sector — private credit — topped the list of favored assets in Goldman Sachs...
Generali Completes Purchase of Conning and Affiliates From Cathay Life April 3, 2024 Generali announced it has completed the acquisition of Conning Holdings Ltd. (CHL) and Conning affiliates from Cathay Life, a subsidiary...
Markets/Coverages: Mosaic Offers $25M in Liability Protection for Asset Managers March 6, 2024 Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of specialized financial institutions products, offering $25 million in investment...
Shadow Banks, Such as Insurers, Hedge Funds, Could Be Sitting on Elevated Risk: ECB November 30, 2023 The European Central Bank may need to take on a bigger role in supervising shadow banks as they are now...
Moody’s Creates Private Credit Rating and Research Group November 6, 2023 By Tatiana Bautzer Ratings agency Moody’s is creating a unit to research and rate private credit, the firm said on Monday. The unit...
Libor Zombies Pit Hedge Funds Against Banks, Insurers in High-Stakes Feud August 28, 2023 By Tasos Vossos and William Shaw One of the most lucrative, and contentious, trades of 2023 has emerged in an obscure corner of financial markets, minting...
China Allows Allianz to Launch Onshore Fund Management Company August 24, 2023 China’s securities regulator on Thursday granted approval to Allianz Global Investors (Allianz GI) to set up an onshore fund management...
AXA’s Asset Management Unit to Cut as Many as 90 Roles in Revamp August 23, 2023 AXA Investment Managers is eliminating as many as 90 roles as the French firm aims to streamline part of the...
Allianz Aims to Raise $1.6 Billion for Global Private Credit Fund August 18, 2023 By Pablo Mayo Cerqueiro Allianz Global Investors, the insurance company’s money management division, is pushing ahead with plans to raise at least 1.5 billion...
China’s Hidden Financial Dangers Erupt With Shadow Bank Crisis August 18, 2023 By Bloomberg News Only a week ago, Zhongzhi Enterprise Group Co. attracted little notice within China and was almost unheard of everywhere else....