Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
Life Insurance Sector at Risk if Bond Yields Rise Sharply: IMF October 14, 2021 The life insurance industry is at risk if there is a sharp rise in bond yields, with an extreme situation...
China’s Regulator Probing Ping An Insurance’s Property Investments: Reuters August 30, 2021 By Engen Tham, Zhang Yan, Kane Wu and Cheng Leng SHANGHAI — China’s banking and insurance sector regulator is probing Ping An Insurance Group Co. of China Ltd.’s investments in...
Liberty Mutual Weighing Options, Delays Australian Coal Mine Project April 30, 2021 By Sonali Paul MELBOURNE — U.S. insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Australia,...
P/C Insurance Firms Lead as Global Insurtech Investment Soars to $2.55B in Q1 April 28, 2021 Global investment in the insurtech sector reached a new quarterly high of US$2.55 billion during the first quarter of 2021....
UK to Set Up Green Finance Hubs to Encourage Banks, Insurers to Invest in Renewables February 19, 2021 By Alex Morales The UK will set up green finance hubs in Leeds and London as part of efforts to encourage lenders and...
Berkshire Hathaway Discloses $499M Investment in Marsh & McLennan February 17, 2021 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway Inc. on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone...
Insurers May Cut Allocations to Poorly Performing Hedge Fund Investment Sector September 24, 2020 By Maiya Keidan and Carolyn Cohn Having complained for years about hedge funds’ high fees and lackluster performance, insurance firms may be preparing to cut allocations...
Insurers’ $158 Billion CLO Bet Is Putting the Industry at Risk July 31, 2020 By Katherine Chiglinsky They’ve been billed as a solution to the rock-bottom interest rates weighing down the returns of America’s asset managers. Collateralized...
China Regulator Raises Cap on Equity Investments Made by Domestic Insurers to 45% July 20, 2020 China’s banking and insurance regulator said it was raising the cap on how much the country’s insurers can invest in...