Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal...
asset management News
China’s central bank on Friday issued sweeping guidelines to tighten rules on asset management business, the latest step by Beijing...
Efforts to get insurers to plug Europe’s investment gap by backing riskier assets could be undermined if banks are unwilling...
Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S....
French insurer AXA has been approached by a number of players interested in doing a deal with its asset management...
Standard Life Plc, Scotland’s largest insurer, agreed to acquire Aberdeen Asset Management Plc for about 3.8 billion pounds ($4.7 billion),...
AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down...
AXA SA, France’s largest insurer, said it will stop investing in tobacco and divest all of its 1.8 billion euros...
Tokio Marine Holdings Inc., Japan’s second-largest non-life insurer, is seeking to expand in Southeast Asia as Japan’s shrinking population erodes...
Ameriprise Financial Inc is in advanced talks to buy most of ING Group’s asset management business in Asia, Bloomberg reported,...