insurer investments News

Aviva U.K. Unit Dismisses Fears that ESG Investing Hampers Financial Returns

A major U.K. institutional investor has dismissed a commonly-held fear of ESG investing — that it hampers financial returns. Aviva UK Life, part of Aviva Plc, sees environmental, social and governance considerations as a central pillar of its risk and …

EU Rules for Responsible Investing to Be Set for Insurers, Asset Managers in 2021

European Union finance ministers are set to adopt new rules this week that will require asset managers, insurers and pension funds to disclose environmental and social risks in their investments from 2021. The overhaul is expected to bring more clarity …

Korean Insurer Plans to Boost Overseas Investments to Escape Low-Yield Trap

South Korea’s third-largest life insurer plans to boost overseas investments to almost a third of total assets, joining the growing ranks of investors that are taking more risks as bond yields decline. Kyobo Life Insurance Co. will raise its holdings …

Japan Insurers to Invest in Riskier Non-Government Bonds, Seeking Higher Returns

As bond yields evaporate globally, many Japanese insurers are looking to secure higher returns at home and abroad by diversifying into riskier corporate and other non-government bonds in the financial year that began this month. Officials at Japan’s top 10 …

2 Markel CATCo Execs Leave After Reserves Inquiry Unveils ‘Personal Relationship’

Markel Corp. has reported that Anthony Belisle, Markel CATCo chief executive officer, and Alissa Fredricks, Markel CATCo chief executive officer for Bermuda, are no longer with the company following the disclosure of a “personal relationship” that the insurer said violated …

Global Insurers in Mood to Take on New Investment Risks

Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment advisor BlackRock. Almost half (47%) of insurers surveyed plan to increase portfolio risk exposure over the …

European Insurers Bypassing U.S. Treasuries

U.S. Treasuries need to get a lot cheaper to attract some European investors. Even with yields at multi-year highs, Treasuries are paying less than their pricier German peers when European insurers account for steep hedging costs. A stronger dollar as …

Dutch Insurer NN Group Quits Tobacco Investments

Dutch insurer NN Group will no longer invest in the tobacco industry and said on Thursday it aims to divest all tobacco-related holdings on its own accounts and in the funds of its asset manager within a year. NN’s step …

Willis Towers Watson Beefs Up UK Investment Consultancy by Integrating 2 Units

Willis Towers Watson announced the transfer of its UK Insurance Investment Solutions Group (IISG) to the company’s Insurance Consulting and Technology (ICT) UK Life business – a move that aims to help insurers improve their investment strategies. The move, which …

Zurich Insurance Plans to Double Allocation to Impact Investments, Earmarking $5B

Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader range of assets after devoting $2 billion to green bonds in recent years. While it didn’t specify a period, Zurich …