insurance investments News

China’s Fosun to Invest in European, Japanese Insurers

Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is considering making more bets on insurers outside its home country, Chief Executive Officer Liang Xinjun said. “We prefer investing in insurance companies in Europe and Japan,” Liang …

Investors Should Support Global Warming Fight, UN Climate Chief Says

Institutional investors managing trillions of dollars should shift their portfolios away from fossil fuel investments toward cleaner energy sources to put a stop to the dangerous rise in global temperatures causing climate change, the United Nations’ climate chief said on …

Taiwan Insurers Have $10 Billion to Invest in Foreign Property

Taiwan insurers have the financial capacity to invest at least $10 billion in overseas properties after the island’s government relaxed rules in April on real estate investments abroad, according to an industry group. Insurers including Cathay Life Insurance Co. have …