French insurer, AXA, has been approached by a number of firms including BNP Paribas and Natixis to seal a merger deal for its asset management arm, but continues to see the business as a strategic asset.
Reports last month suggested that Natixis is being eyed as a potential partner, with AXA IM. The latter holds €735bn (£652.5bn) in assets
The ECON Committee of the European Parliament has called for a delay of the application date of the Insurance Distribution Directive
Admiral, one of the UK’s leading insurers, is to use the Moody’s Analytics Economic Scenario Generator for market risk calculation as part of its SII internal model
The FCA has today launched its new asset management authorisation hub.
The hub has been launched to support new firms by assisting when they apply for authorisation, throughout the authorisation process and afterwards
German insurer, Nuernberger Insurance Group’s capital adequacy is set to remain in S&P Global Ratings ‘BBB’ category despite its build-up of capital being “somewhat limited” due to the persisting very-low yield environment, the ratings agency has said
EIOPA's regulation should be strengthened with a mandate to act more intrusively when it detects signals of risks of cross-border failures among insurance companies, EIOPA chairman Gabriel Bernardino has argued
The trustees of the IFRS Foundation have confirmed the appointments of several organisations and their representatives to the IFRS Advisory Council
Leading insurers including Allianz, AXA and Generali, in cooperation with Ocena and UNEP PSI, have agreed to no longer underwrite illegal, unreported and unregulated fishing