Swedish Insurer Folksam Divests $160 Million Tesla Stake April 2, 2025 Sweden’s largest insurer Folksam said on Wednesday it has sold its stake in electric car maker Tesla over concerns about...
Allianz Global Investors Scraps Nuclear, Military Exclusions to Back Europe Rearmament April 1, 2025 By Iain Withers Germany’s Allianz Global Investors has dropped two exclusions blocking its sustainable funds from investing in defense, becoming one of the...
Germany Tells Insurers to Vet Private Asset Deals More Carefully March 25, 2025 By Nicholas Comfort and Libby Cherry Germany’s financial watchdog is pushing insurers to step up scrutiny of private credit investments after several firms were stung by...
Lloyd’s Register to Sell Modern Tower and Return to Victorian HQ March 21, 2025 By Damian Shepherd and Jack Sidders Lloyd’s Register, the maritime society formed in a London coffee house in 1760, has put its modern glass headquarters up...
Generali to Remain in Charge of Investment Decisions in BPCE Deal, Won’t Cut Stake February 4, 2025 By Gianluca Semeraro Generali to remain in charge of decisions over how to allocate its own clients’ savings under the asset management deal...
Dutch Willing to Help Insurers Invest in Defense, Minister Says January 23, 2025 Dutch insurance companies and other financial institutions that want to invest in the defense industry can expect guidance from the...
Generali, BPCE to Form Europe’s Second-Largest Asset Manager January 21, 2025 By Claudia Cohen and Sonia Sirletti Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset...
City of London’s Tallest Tower Fully Leased With RiverStone International Deal January 20, 2025 By Jack Sidders The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it...
Amundi Interested in Buying Allianz Global Investors December 5, 2024 Amundi SA is interested in acquiring control of Allianz SE’s asset manager Allianz Global Investors as the French company scouts...
EU Seeks to Streamline ESG Regulations Amid Growing Backlash November 26, 2024 By Frances Schwartzkopff The next European Commission will urgently seek to streamline the bloc’s many environmental, social and governance rules, as it responds...