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18/04/2019

Francesco Martorana is the new chief executive officer of Generali Insurance Asset Management S.p.A. Società di gestione del risparmio (GIAM)


18/04/2019

SCOR Global P&C has grown reinsurance premiums by 9.6% to €548m, confirming the positive trends observed in January, according to latest financial results


18/04/2019

The European Fund and Asset Management Association (EFAMA) has welcomed a vote by the European Parliament plenary to formally adopt the trilogue agreement on removing cross-border barriers to the distribution of investment funds


18/04/2019

Canopius has today announced the signing of the definitive sale and purchase agreement that will see the merger of its Lloyd’s business with that of AmTrust at Lloyd’s, a division of AmTrust Financial, subject to regulatory approval


17/04/2019

The FCA is to consult on introducing a new prudential regime for MiFID investment firms


17/04/2019

Vienna Insurance Group (VIG) is aiming to use strong capitalisation as a basis for growth, according to its latest financial results


17/04/2019

Legal and General (L&G) has invested £44.6m into housing for homeless families


17/04/2019

The European Parliament (EP) has adopted an agreement reached between EU institutions regarding the review of the European system of financial supervision, which will help to maintain EIOPA as the main decision-making body for the EU insurance industry


16/04/2019

The Prudential Regulation Authority (PRA) is seeking industry input ahead of its 2019 insurance stress test


16/04/2019

The PRA is to include climate change as part of its mandatory stress testing for UK insurers, according to its latest policy statement


16/04/2019

Sixty-four per cent of European institutional investors are planning to dedicate more resources to environmental, social and governance (ESG) issues as a result of regulation, according to a survey by BNP Paribas


16/04/2019

The fund management division of Legal and General (L&G),Legal and General Investment Management (LGIM), is to continue to vote against boards where concerns remain around environmental-based issues


15/04/2019

US based, Global Bankers Insurance Group (GBIG), has said it is looking to sell its US life insurance companies


15/04/2019

The Prudential Regulation Authority (PRA) is to further explore its work on holdings of illiquid assets among life insurers through 2019/20, citing “complexities” and a “lack of observable market prices” as the asset classes’s drawbacks.

In itsBusiness Plan 2019/20 published today, the regulator said since the introduction of Solvency II, UK life insurers have increased their holdings of illiquid assets such as infrastructure, commercial real estate (CRE) and equity release mortgages to back annuity liabilities. However, whilst the can be a good match for long-term annuity liabilities, it said, “they can also be complex, and may lack observable market prices as well as external credit ratings, making it difficult to assess the investment risk firms are taking”


15/04/2019

The PRA is proposing to continue to apply a discount of 11% to the periodic fees payable by general insurance firms outside the scope of Solvency II, reallocating this cost across the other firms in the A3 fee block which are within the scope of Solvency II


15/04/2019

Baloise is acquiring the Belgian insurer Fidea NV for €480m from the Chinese Anbang Insurance Group, strengthening its position in the Belgian non-life and life insurance market


15/05/2019

Japan Post Holdings Co has priced a share sale of its insurance business at the bottom of an expected range, a filing showed, raising $2.9 billion in the sale


12/04/2019

The Financial Conduct Authority (FCA) is warning general insurance (GI) firms about manufacturing, sales and distribution approaches that can lead to customers purchasing inappropriate products, paying excessive prices or receiving poor service


12/04/2019

The regular use of severe stress tests by French insurers to manage climate risk is the right way forward, but the horizon for these tests is generally “very short” at around five years on average, “far below the assumed horizon for materialising transition risk (2030-2050)”, French regulator ACPR has said


12/04/2019

S&P Dow Jones Indices has announced an S&P 500 ESG Index, a new index aligned with ESG selection guidelines and designed to replicate the risk and return profile of the main S&P benchmark


12/04/2019

The risk exposures of the European Union insurance sector are remaining stable overall


12/04/2019

EIOPA has called for consistent application of the proportionality principle for the supervision of the Solvency Capital Requirement (SCR)


10/04/2019

Insurance firm Beazley has appointed John Reizenstein and Nicola Hodson as non-executive directors with immediate effect


10/04/2019

Allocations to exchange-traded funds (ETFs) in Asian institutional portfolios increased significantly in 2018, growing to 23 per cent of total assets, up from 14 per cent in 2017, Greenwich Associates revealed


10/04/2019

Institutional investors have invested £83m in Octopus’ Zenith III fund for European technology businesses in the growth stage


10/04/2019

Institutional investors are again being urged to include a greater amount of sustainable assets in their portfolios to enhance returns


09/04/2019

Life insurers may need to go back 30 years or more to re-estimate individual books of business on an annualised basis from inception to the present day as a result of IFRS17, Moody’s has said


09/04/2019

A quarter of European insurance CFOs intend over the coming years to modestly increase exposure to assets such as mortgage loans, infrastructure, private placements, high yielding debt, real estate and shares


09/04/2019

European insurers’ main concern is low economic growth followed by market volatility, according to a Moody’s survey of CFOs


09/04/2019

Chubb has announced that the Myanmar Ministry of Planning and Finance has selected the company as an initial license holder to establish a 100 per cent owned life insurance subsidiary in the country


08/04/2019

The solvency ratio of the German life insurance industry has been recorded at 324% for Q4 2018, compared to 266% in 2017, keeping up a steady improvement since the launch of the Solvency II supervisory system in 2016


08/04/2019

Global Bankers Insurance Group, a family of insurance and reinsurance companies focused on life insurance and annuities, is pursuing a sale of its US life insurance companies


08/04/2019

Investment returns among London market insurers’ were squeezed in 2018, with poor performances by equity and bond portfolios due to rising interest rates in the US geopolitical uncertainty and a slowing global economy, according to Fitch Ratings


08/04/2019

The Association of the Luxembourg Fund Industry (ALFI) has made three observations on the provisional agreement on the reform of the European system of financial supervision, particularly with regards to the three European Supervisory Authorities (ESAs), following the announcement from the Romanian Presidency and the European Parliament (EP)


08/04/2019

The primary insurance unit of German reinsurance firm Munich Re, ERGO, has agreed to sell its life, non-life and composite portfolios in Hungary and Slovakia to Italian insurance firm Generali


08/04/2019

Sweden’s government is moving to improve pensions and insurance savings through cutting costs when transferring individual pensions or insurance policies


05/04/2019

The French life insurance market experienced net inflows of €3.2bn for February 2019


05/04/2019

Investors are underpricing the impact of climate-related risks, including more frequent and intense extreme weather events, BlackRock has said


05/04/2019

Norway’s largest private asset manager, Storebrand, has entered the Danish market with five equity funds, which will aim to raise awareness about sustainable investments, index investments and multifactor funds in the Danish market


04/04/2019

American insurer, Liberty Mutual, is being urged to immediately cease insuring coal giant Adani’s Carmichael mine


04/04/2019

Japan Post Holdings Co.’s insurance unit is conducting a secondary sale of shares held by its parent worth 409 billion yen ($3.7bn) in a global offering


04/04/2019

Changes to capital requirement regulation must be made within the revision of the Insurance Supervision Act in Switzerland, the Swiss Insurance Association (SIA) has argued


03/04/2019

Monument Re has entered into an agreement to acquire the €140m portfolio of Irish annuities from Rothesay Life


03/04/2019

The solvency position of life insurance companies in Finland increased in 2018 despite the low level of interest rates


03/04/2019

EIOPA has published its consultation linked to corrections and amendments of the implementing technical standards (ITS) on reporting and disclosure


03/04/2019

The Prudential Regulation Authority (PRA) has written to insurers informing them of a consultation with proposals intended to provide greater clarity to firms on expectations for conducting the Effective Value Test (EVT)


02/04/2019

European and national competent authorities (NCAs) and financial institutions must conduct regular stress tests across all sectors in light of all current economic uncertainties, a report has urged


02/04/2019

The Global Sustainable Investment Alliance (GSIA) has released its biennial investment report, showing that globally sustainable investment assets reached $30.7trn at the start of 2018, a 34 per cent increase from 2016


02/04/2019

The global impact investing market is estimated to be worth $502bn, according to an analysis of the market size and composition by the Global Impact Investing Network (GIIN)


02/04/2019

The European Parliament has agreed its position on the European Commission’s (EC) proposal on the establishment of a framework to facilitate sustainable investment


01/04/2019

Remuneration packages among insurance executives across Europe vary significantly, though there were two European countries, highlighted by Insurance Asset Management, that were the most lucrative



01/04/2019

Marsh & McLennan has completed the acquisition of Jardine Lloyd Thompson Group plc (JLT) for $5.6bn in fully diluted equity value


01/04/2019

Australia’s largest insurer, QBE, has announced a coal exclusion policy – the first non-European insurer to restrict coal underwriting


01/04/2019

UK life insurers that write bulk purchase annuities (BPAs) continue to benefit from strong demand, with sales of BPAs this year likely to surpass last year’s £24bn, the highest yet, Fitch Ratings has said


01/04/2019

Insurance companies operating in Latvia generated €12,383m in aggregated profit, down 22.6% from 2017, according to latest data published by the Financial and Capital Market Commission (FCMC)


01/04/2019

The net sales of UCITS and AIFs saw a strong rebound in January 2019, recording net inflows of €28bn compared to net outflows of €11bn in December


01/04/2019

EIOPA has published its latest discussion paper contributing to the debate on systemic risk and macro-prudential policy in insurance ensuring the reflection of the specific nature of the insurance business


01/04/2019

EIOPA has elected Sergio Álvarez Camiña as a new member of its management board


28/03/2019

The mutual and cooperative insurance market is the fastest growing part of the global insurance sector, according to the Mutual Market Share 10 report from the International Cooperative and Mutual Insurance Federation (ICMIF)


28/03/2019

Gross written premiums in the Italian insurance market in 2017 declined by 2.4% to €131bn with life business falling by 3.6%, partially compensated by non-life increasing by 1.2%


28/03/2019

Almost all shareholders in Swedbank, including pensions and insurance providers AMF, Folksam and Alecta, voted against granting CEO Birgitte Bonnesen freedom from liability at the annual general meeting on Thursday


28/03/2019

The financial stability of the EU and its financial institutions could suffer if global markets reprice risk premiums.

The report said that a reprice in the face of concerns over trade tensions, Brexit and a lack of clarity over government policy in Italy could hurt the balance sheets of EU financial institutions, stressing that EU pension schemes, life insurers and banks faced increased risks in the current low-yield environment


27/03/2019

The Austrian insurance industry recorded premium income growth of 1.2 per cent last year to reach €17.3bn


27/03/2019

The Albanian non-life insurance market recorded a 5.48 per cent rise in gross written premiums in the year to January to December 2018, the Insurers Association of Albania has stated


27/03/2019

Lloyd’s of London has reported an aggregated market loss of £1bn for 2018 following a vilatile investment environment and a costly year for natural catastrophes


26/03/2019

RSA Group’s investment income was down 3% in 2018, reflecting the impact of reinvestment at lower yields which was partly offset by increased income from actions taken on the portfolios to increase exposure to less liquid credit investments


26/03/2019

Eighty-six per cent of insurance executives in emerging Asia believe that life insurance premiums will continue outpacing GDP growth


26/03/2019

Imperial College’s Centre for Climate Finance and Investment has created a smart carbon portfolio model for institutional investors to assess and manage energy transition risks


26/03/2019

French insurer, Axa, has raised $1.5bn by selling down its stake in its US life insurance business, Axa Equitable, to below 50 per cent


25/03/2019

The Personal Investment Management & Financial Advice Association (PIMFA) has called on the Financial Conduct Authority (FCA) to postpone the implementation of the Financial Ombudsman Service’s (FOS) compensation limits


25/03/2019

MAPFRE envisages growing sustainably, achieving €30bn in revenues by 2021, or average premium growth of 5 per cent over the three-year period, it said today at its Investor Day in Madrid


25/03/2019

Saudi Arabia’s insurance industry grew at an average annual rate of 18 per cent in the last 10 years, making it one of the world’s fastest growing markets, while gross written premiums (GWP) reached SAR 36.5bn in 2017, compared to SAR 8.6bn in 2007


25/03/2019

Successful campaigns against fossil fuels, plastics and GMOs demonstrate the ability of single issue activists to force policy change on a global scale. Robert Blood, managing director of activist tracking and issues analysis firm SIGWATCH, argues that the investment community should see NGOs less as an irritation and more as guides to the behaviour and future of companies and their industries


22/03/2019

The Dai-ichi Life Insurance Company (DLIC) has announced its decision to impact invest ¥1bn in the EEI Fund 4 Investment (EEI) venture fund, which intends to support start-ups in the renewable energy market, as part of its ESG initiative


22/03/2019

Marsh parent company Marsh & McLennan Companies (MMC) has issued a further $250m of senior notes to fund the acquisition of JLT, which is due to be completed in spring this year


22/03/2019

The PRA, next month, will ask UK insurers, as part of a market-wide insurance stress test, to consider how their businesses would be affected in different physical and transition risks scenarios


22/03/2019

Lloyd’s of London chief executive John Neal announced on Friday that the firm is making changes that will make it more prosperous in 2019


22/03/2019

Standard Life International has been given final approval by an Edinburgh court for the transfer of almost €19bn in assets to Ireland, as it aims to avail EU passporting rights for 600,000 Irish, German and Austrian Standard Life customer policies post Brexit


22/03/2019

In the summer the EU High-Level Expert Group on Sustainable Finance’s Technical Expert Group will publish a package of recommendations that will inform sustainable finance practices


22/03/2019

New regulatory action in California could require the world’s largest insurers to disclose all their fossil fuel underwriting and investments, Consumer Watchdog, a partner of the Unfriend Coal campaign, has said


21/03/2019

Vienna Insurance Group (VIG) has seen its total premium volume rise by 3% to around €9.7bn, and has recorded a solvency ratio of 239% as of 31 December 2018


21/03/2019

The “avoidance of overburdening macroprudential supervision” for insurers is absolutely crucial, according to GDV’s managing director and chief economist Klaus Wiener, as “the existing supervisory framework already effectively counteracts potential stability risks”


21/03/2019

Liberty Specialty Markets, part of Liberty Mutual Insurance Group, confirmed today that it has re-domiciled its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to Luxembourg and has opened its new headquarters in the city


21/03/2019

Mutual insurance, retirement and investment group LV= has reported an operating profit of £136m (FY 2017: £134m) which includes £60m from life and £107m from general insurance partially offset by strategic investment and group items of £31m


21/03/2019

Insurance companies regulated and authorised by the Romanian Financial Supervisory Authority (ASF) have seen their 2018 gross premiums increase by 4.5% to 10.14bn lei, according to latest figures


20/03/2019

European Council President Donald Tusk has said he believes a short Brexit extension ‘will be possible’ but only on the condition that MPs pass Prime Minister Theresa May’s deal in the House of Commons (HOC)


20/02/2019

Munich Re expects an investment result of around €6.5bn for 2019, representing a return on investments of about 3%, according to its latest financial statement


20/03

Institutional investors are suing Danske Bank for $475m in damages for losses, following the money laundering scandal which has surrounded the bank the past months


20/03/2019

SCOR Global P&C has announced that Michel Blanc is to be promoted to CEO of reinsurance, following Jean-Paul Conoscente’s appointment as CEO of SCOR Global P&C with effect from 1 April 2019


20/03/2019

EIOPA has announced the request addressed to insurance undertakings of the EEA and subject to Solvency II (SII) to provide information on the Long-Term Guarantees (LTG) measures, on the dynamic volatility adjustment and on long-term illiquid liabilities


20/02/2019

Prime Minister Theresa May has told MPs she is “not prepared to delay Brexit any further than 30 June, and hinted that she will quit if the UK stays beyond this period


19/03/2019

French insurance firm AXA has launched the secondary public offering to sell 40 million shares of AXA Equitable (EQH) as part of its plans to withdraw from the US life insurance market


19/03/2019

Swedish pensions insurance provider AMF’s green 2018 numbers were influenced by its acquisition of land-based wind power company Stena Renewable and alternative assets


19/03/2019

Standard Life Aberdeen has today announced that an arbitration panel has ruled in its favour over its dispute with Lloyds Bank over the management of £100bn worth of assets


18/03/2019

Junior infrastructure debt is "uniquely placed" to form an important part of insurers’ investment portfolios due to its high illiquidity premium, lower risk credit risk profile, moderate tenor and unique diversification characteristics, Schroders has said


18/03/2019

UK insurers are “generally well prepared” for Brexit, according to U.S.-based credit ratings agency AM Best


18/03/2019

AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Canopius US Insurance, Inc. (Wilimington, DE) and Canopius Reinsurance AG (Switzerland)


18/03/2019

The total assets of Dutch insurers has fallen from €480bn (Q3 2018) to €475bn (Q4 2018), according to De Nederlandsche Bank


18/03/2019

Germany’s third largest insurer, Talanx, has increased its premium income by 5.5% year-on-year to €34.9bn and its operating profit by 12% to €2bn


18/03/2019

Japan Post Insurance is shifting its approach to sustainable investing by picking companies with a technological edge to solving global problems, its investment chief has said


18/03/2019

Allianz is exploring combining its asset management (AM) arm with DWS, according to reports from Bloomberg and Reuters


15/03/2019

BNP Paribas Asset Management has announced it will implement an enhanced coal-exclusion policy, accelerating its commitment to tackling climate change by divesting from the single largest source of carbon emissions


15/03/2019

The UK government must establish a new sustainable finance committee chaired by the Cabinet Office with representatives from all financial regulators and the finance industry, the UK Sustainable Investment and Finance Association (UKSIF) has said


15/03/2019

Parliament’s vote to extend Article 50 till 30 June is time that “must not be wasted”, ABI director general Huw Evans has said


15/03/2019

Mapfre and Uniqa, two more major European insurers announced policies to stop or limit insuring coal in recent days, bringing the total number of insurers ditching coal to 10


14/03/2019

Nykredit has chosen to enter into negotiations with AP Pension to realise its plans for new headquarters in Copenhagen’s Nordhavn


14/03/2019

A Brexit delay is ‘preferable to no deal by accident’, ABI director of regulation Hugh Savill has stated


14/03/2019

Solvency II (SII) should embed sustainability in a risk-based and proportionate manner, Insurance Europe has said in its call for evidence by EIOPA on sustainability in Pillar 1 of SII


14/03/2019

UK insurance company, Prudential, has shifted close to US$50bn to its newly formed Luxembourg subsidiary


13/03/2019

MPs have rejected a no-deal Brexit at any time


12/03/2019

Aviva Investors, the global asset management unit of Aviva, has today announced the appointment of Paul LaCoursiere to the newly created role of global head of ESG research, and the appointment of Adrien Beuriot to the, also newly created, role of head of Continental Europe asset management


12/03/2019

China Re has announced the introduction of its renewable energy consortium at specialist insurance marketplace, Lloyd’s of London, for offshore wind farms in China


12/03/2019

New treatment of long-term equity investment under EU rules for insurers are a step towards releasing €10trn of capital to support European SMEs through private equity funds, according to Invest Europe


12/03/2019

Spanish insurer Mapfre has pledged to stop insuring new coal plants and mines, making it the ninth insurer to announce restrictions for its cover to coal, the Unfriend Coal Campaign reported


11/03/2019

China could surpass the US as the world’s largest insurance market in terms of premium volumes by the mid-2030s, according to a recent report published by Swiss Re


11/03/2019

Invesco has announced the appointment of Charles Moussier as its new head of insurance investment solutions for EMEA


11/03/2019

Asset managers have so far transferred more than £65bn in funds from the UK to the EU, with insurance companies moving £35bn in assets, according to New Financial


11/03/2019

Latest EC proposals amending Solvency II delegated regulation are a “missed opportunity” to improve the regime, as concerns remain around risk margins and the volatility adjustment, Insurance Europe director general Olav Jones has argued


11/03/2019

Regulators have an increasingly important role to play across the full breadth of the financial sector to help improve the availability and consistency of data relating to the firms and initiatives insurers may want to invest in, the ABI has argued


08/03/2019

Lloyd’s Brussels, the new subsidiary of specialist re/insurance market Lloyd’s of London, has secured licence to underwrite insurance and reinsurance risks in Monaco after Brexit


08/03/2019

According to IFC, private equity and venture capital funds that have greater gender-balance in their senior investment teams managed to generate 10 per cent to 20 per cent higher returns compared with funds that have a majority of male or female leaders


08/03/2019

According to IFC, private equity and venture capital funds that have greater gender-balance in their senior investment teams managed to generate 10 per cent to 20 per cent higher returns compared with funds that have a majority of male or female leaders


08/03/2019

The European Commission adopted today new rules to help insurers to invest in equity and private debt and to provide long-term capital financing.

As a result, insurers will have to hold less capital for such investments and will therefore find it more attractive to invest in the economy. The EC said this will further help mobilise private sector investment – a key objective of the Capital Markets Union. Furthermore, the newly adopted rules, which take the form of a Delegated Regulation, amend the EU prudential rules for the insurance sector, known as Solvency II, and follow up from the Mid-term review of the CMU Action Plan


07/03/2019

Legal & General's operating profit was £1,902m in 2018, up 10% from £1,732m, according to its latest annual results


07/03/2019

Aviva has warned of “more muted” growth in its outlook compared to a year ago, as it faces Brexit uncertainty


07/03/2019

The European Parliament and EU member states have today reached a political agreement on disclosure requirements related to sustainable investments and sustainability risks


07/03/2019

Sophisticated insurers are now targeting allocations of 5 to 10% in alternative investments for their portfolios as the asset class gains traction in the insurance space, J.P. Morgan Asset Management global head of insurance strategy and analytics Gareth Haslip has said


06/03/2019

Aon has confirmed it is not pursuing a business combination deal with Willis Towers Watson


06/03/2019

New York State regulators have issued a subpoena to The Trump Organisation’s longtime insurance broker, Aon


06/03/2019

The Estonian Parliament, Riigikogu, has passed an Amendment to the Estonian Insurance Activities Act, recognising insurance associations (a type of mutual insurer) and European cooperative societies from 2 March 2019


06/03/2019

Aon has confirmed it is in the early stages of considering an all-share business combination with Willis Towers Watson


05/03/2019

EIOPA and its members have agreed on a no-deal Memoranda of Understanding with the Bank of England and the Financial Conduct Authority


05/03/2019

The LMA has announced the appointment of Rob Myers as operations director and Paul Davenport as finance director


05/03/2019

Climate finance lawyers at ClientEarth have put Lloyd’s of London on notice of legal and financial risks associated with Adani’s notorious Carmichael coal mine


05/03/2019

The search for yield is drawing US life insurers into increasingly riskier investments, Fitch Ratings has said


05/03/2019

Phoenix Group has delivered £1.3bn cash generation in 2017 and 2018, exceeding the upper end of its cash generation target range of £1.0bn to £1.2bn for this period


05/03/2019

Life insurers should consider liquidity risk arising from a number of sources relating to the matching adjustment portfolio and unit-linked funds, and where they are engaged in collateral upgrade must consider the impact on its liquidity profile


04/03/2019

Total demand from investors, including insurers and pension funds in Poland’s green bonds has amounted to €4.8bn


04/03/2019

Aviva has today announced the appointment of Maurice Tulloch as CEO


04/03/2019

Consolidation dominated the insurance industry in 2017, with most countries seeing a decrease in the number of companies


04/03/2019

The total investment portfolio managed by insurers in Europe grew by 1.2% in 2017 to €10.226bn, driven by an increase in the portfolios managed by insurers in France, the UK, Italy and Switzerland


04/03/2019

Average insurance penetration in Europe amounted to 7.53% in 2017, an increase of 0.14 of a percentage point compared with 2016


04/03/2019

Gross written premiums in the European insurance industry increased 4.7% year-on-year to €1,213bn in 2017, with the total investment portfolio growing 1.2% to €10,226bn, meaning it retained its position as Europe’s largest institutional investor.

In its latest European Insurance in Figures report, Insurance Europe said life premiums increased 5% YOY in 2017, albeit with significant difference between individual countries. The premiums in most P&C business lines which are most affected by levels of economic activity increased by 4.4%


01/03/2019

Standard Life Aberdeen’s financial planning business 1825 has made its first acquisition, in a move that sees the firm expand into Northern Ireland, purchasing BDO Northern Ireland’s wealth management division, which holds assets under advice valued at £230m


01/03/2019

Allianz and Generali have recently entered the bid for a portion of the bancassurance business of Spanish lender BBVA, competing against American insurer Liberty Mutual, Reuters reported


27/02/2019

The first ESG guide for the global insurance industry has been launched today to raise awareness of the potential benefits of ESG integration in the insurance business mode


27/02/2019

To develop an effective holistic framework for systemic risk in the insurance sector, the International Association of Insurance Supervisors’ (IAIS) must “better define” systematically risky activities, the Global Federation of Insurance Associations (GFIA) has said


27/02/2019

Bank of England governor Mark Carney has told members of the Treasury Select Committee that interest rates would "more likely than not" be cut in the event of a no-deal Brexit


27/02/2019

Over 100 major global financial institutions including insurers have introduced policies restricting coal funding, new research from the Institute for Energy Economics and Financial Analysis (IEEFA) has revealed


27/02/2019

The European Parliament and Council’s member states have reached a political agreement to extend the low-carbon benchmarks until the end of 2021, the existing transitional period for critical and third-country benchmarks


26/02/2019

RSA has announced the appointment of Charlotte Jones as chief financial officer


26/02/2019

US and European equities rated as controversial underperform their benchmarks according to research conducted by Ossiam into the behaviour of stocks connected with environmental, social and governance (ESG) issues


26/02/2019

The collapse of the price of cryptoassets makes it a more interesting time for institutional investors to invest in the class, as well as in the underlying blockchain technology, according to Cambridge Associates


25/02/2019

US insurer, Hiscox, has grown its gross written premiums by 15% to $3,778.3m and more than tripled profits to $137.4m according to its latest financial results for 2018


25/02/2019

The limited level of systemic risk originating from the insurance industry means additional macroprudential measures are not needed, Insurance Europe has said


25/02/2019

Any future arrangement with the EU that required the UK to comply with rules it had no say over could be ‘weaponised’ by those that want to damage the UK, which could result in UK insurers having to hold more capital than they need, ABI director general Huw Evans will warn


25/02/2019

The Brexit-driven Rating Watch Negative (RWN) in the UK does not imply an immediate threat to the ratings of UK insurance companies, Fitch Ratings has said


25/02/2019

Investment fund assets held by European investors reached €11.7trn in 2017, of which pension funds and insurers held 41.7 per cent, according to a new report by the European Fund and Asset Management Association (EFAMA)


25/02/2019

Gender diversity has improved at nearly all levels of the insurance industry with the proportion of women on executive teams increasing by five percentage points, according to the second annual talent and diversity survey from the ABI


22/02/2019

Swiss Re’s return on investments (ROI) for 2018 was 2.8% compared to 3.9% in 2017, with the decrease almost entirely attributable to a reduced contribution from equity securities


22/02/2019

UNIQA’s recurring premiums written have risen by 3.1% to €5,197m and total group premiums written have risen slightly to €5,309m, according to its latest annual financial results


22/02/2019

Ageas has reached an agreement to acquire 40 per cent of the share capital of the Indian non-life insurance company Royal Sundaram General Insurance Co. Limited (RSGI)


22/02/2019

Austria’s Vienna Insurance Group (VIG) is to stop insuring new coal plants and mines, becoming the eighth insurer to announce restrictions on its cover for coal


22/02/2019

US life insurers’ investment portfolios have become moderately more risky since the global financial crisis, Fitch Ratings has said in a new report


21/02/2019

The Financial Conduct Authority (FCA) has today issued a decision which found that three asset management firms were in breach of competition law, marking the regulator’s first formal decision under its competition enforcement powers


21/02/2019

Sixty-two per cent of US insurance companies are now utilising exchange-traded funds (ETFs) in their general accounts for reserve and surplus exposures, and among those who have not yet embraced ETFs, 82% expect their organisations will reconsider that decision in the next three years, according to a new report from Greenwich Associates


21/02/2019

Dutch insurance group, ACR, has seen its gross written premiums in the non-life segment rise by €435m to €3,014m, both as a result of solid organic growth of 4.7% and the acquisition of Generali Nederland (€314m)


21/02/2019

RSA Insurance Group has appointed Sonia Baxendale as non-executive director with effect from March


21/02/2019

AXA IM’s AUM amounted to €730bn as of the end of 2018, down €16bn compared to the end of December 2017, but successes have been recorded in the alternatives investment space


21/02/2019

Schroders has announced the death after a short illness of its director Bruno Schroder aged 86 on 20 February. Schroder served as a director of Schroders plc since 1963


21/02/2019

Spanish insurer, MAPFRE, has invested €35m in the first structured green bond using blockchain technology to negotiate the terms and conditions, issued by BBVA Group


20/02/2019

England's High Court has granted Aviva, the UK's second-largest insurer, its approval to transfer around £9bn (€10.35bn) in assets to a new Irish company ahead of Brexit


20/02/2019

The European Fund and Asset Management Association (EFAMA) welcomes European Securities and Markets Authority’s (ESMA) consultation on integrating sustainability risks and factors in the UCITS Directive, AIFMD and MiFID II as long as measures are consistent


20/02/2019

Institutional investors have nearly doubled their exposure to renewable infrastructure investments over the past two years, from 2 per cent to 3.6 per cent, and believe the biggest allocation increases will be made to offshore wind, solar thermal and onshore wind, according to a new study


20/02/2019

“No authorisation means no new business”, Italian regulator, Ivass, has warned insurers in preparation for a potential no-deal Brexit


20/02/2019

French insurer, SCOR, has delivered gross written premiums of €15,258m in 2018, up 7.1% compared to 2017


20/02/2019

No evidence of significant levels of harm that merit the introduction of intrusive remedies have been found in the London Insurance Market (LIM), according to the FCA, but some areas of concern remain


20/02/2019

EIOPA’s advice on insurance contract continuity ‘reduces uncertainty’ but does “not eradicate it”, according to ABI director general Huw Evans


19/02/2019

EIOPA has called upon national supervisory authorities to minimise the detriment to insurance policyholders and beneficiaries in the case of a no withdrawal agreement between the United Kingdom and the European Union


19/02/2019

The strategy and governance indicators of the PRI’s climate risk indicators are to become mandatory for signatories to report on from 2020


19/02/2019

Ageas UK has appointed Jonathan Price as its new chief financial officer


19/02/2019

PIB Group has acquired Optis Insurances Limited as part of its expansion into the Irish marketplace


19/02/2019

Unions and insurers have issued a joint warning about the burden of the significant increase in EU regulation on insurance workers


18/02/2019

The Apollo Funds have acquired all of the outstanding ordinary shares of Aspen for $42.75 per share in cash, representing an equity value of approximately $2.6bn


18/02/2019

The price fall on stock exchanges at the end of last year has caused the biggest loss ever in Dutch investment institutions


18/02/2019

Solvency II has largely delivered but a range of critical comments can still be made on how to improve the Directive, Associate Professor at the Economics and Business Faculty of the KU Leuven Professor Karel Van Hulle has said


18/02/2019

Central Bank of Ireland deputy governor Ed Sibley has mooted two additional areas to be included in the scope of the Call for Advice around Solvency II


18/02/2019

The importance of the cross-border insurance model for customer choice and the European economy, and the importance of consistent supervision across the EU have been emphasised by EIOPA chair Gabriel Bernardino


15/02/2019

British life insurer, Aviva, is seeking approval from the High Court of England and Wales for the transfer of assets totalling €9bn from the UK to its Irish subsidiary


15/02/2019

The Association of Mutual Insurers and Insurance Cooperatives in Europe (AMICE), along with the Insurance Sectoral Social Dialogue Committee (ISSDC), today signed a statement on the effects of regulatory requirements and compliance on employees


15/02/2019

Insurers and asset managers have written a joint letter to the European Commission and the European Insurance and Occupational Pensions Authority (EIOPA) calling on them to set an expiry date of PRIIPs derogation for multi-option products to be aligned, with the exemption of UCITS


15/02/2019

German insurance firm Allianz reported today that its operating profit for 2018 was €11.5bn, the highest income level in the firm’s history


14/02/2019

U.S. Risk Insurance Group (US Risk) yesterday announced that it has entered into an agreement to be acquired by USI Insurance Services (USI), a leading insurance brokerage and consulting firm


14/02/2019

Life insurance premiums in Luxembourg increased by 6.45% for Q4 2018 compared to Q4 2017, according to latest figures published by the Commissariat aux Assurances


14/02/2019

Property and casualty insurance firm Lancashire Holdings has announced that it will use Lloyd’s of London’s European Union (EU) subsidiary in Brussels once the UK has left the union, Reuters reported


14/02/2019

Almost half (49%) of institutional investors expect to increase their exposure to assets supporting and participating in energy transition by 2021, a new study has revealed


13/02/2019

US insurer AIG reported a net loss of $622m for the fourth quarter of 2018, compared to a net loss of $6.7bn in the prior-year quarter


13/02/2019

The new European Union directive on stewardship and long-term sustainability of companies is a shareholder obligation, according to Head of Hermes EOS Hans-Christoph Hirt


13/02/2019

Brown & Brown Metro, a subsidiary of American insurer Brown & Brown, today announced that it has acquired “substantially all” of the assets of Smith Insurance


13/02/2019

Schroders has today announced it has hired an Environmental, Social and Corporate Governance (ESG) integration specialist, focused on enhancing the firm’s ability to embed sustainability across its investment teams, allowing it to better meet its clients’ needs


12/02/2019

Premium income in the German insurance space has exceeded €200bn for the first time, Germany trade body, GDV, has said


12/02/2019

Investors are being cautioned against holding large fixed income exposure in a rising rate environment


12/02/2019

Investors across Europe are at risk of ignoring their role as responsible stewards as only 3 per cent believe their organisation already meets the requirements of the Shareholder Rights Directive II, new research from Hermes Investment Management has revealed


12/02/2019

Over 140 asset- and wealth-management firms have signed an open letter calling on global index providers to remove controversial weapons companies from mainstream benchmarks


11/02/2019

UK economic growth slowed to just 0.2% in the final quarter of 2018, while quarterly gross domestic product (GDP) growth slowed after a strong third quarter where it grew 0.6%, new data has revealed


11/02/2019

Despite the uncertainty surrounding Brexit, brokers are still preparing for growth and expansion in 2019, with this year potentially being viewed as a year of growth and development, according to the latest Aviva Broker Barometer


11/02/2019

Global insurance M&A activity is up 9 per cent in a year, latest figures have revealed.

According to Clyde & Co’s latest insurance growth report Navigating a course between uncertainty and opportunity, there were 382 completed mergers and acquisitions worldwide in the insurance sector in 2018, compared to 350 the previous year


11/02/2019

Forty-two per cent of institutional investors that already invest in renewable energy are set to increase their allocation to the asset class by 10 per cent over the next five years, according to a report by Octopus Group


08/02/2019

Net subscriptions for French life insurance totalled €22.4bn in 2018 up from €8.3bn in 2017, according to the French Insurance Federation


08/02/2019

US insurer, SCOR, has grown its P&C reinsurance premiums by 9.7% at constant exchange rates at the January 2019 renewals, from €2.9bn to €3.2bn


08/02/2019

Finding an agreed measure for impact from investment has long been an issue, but the Investment Leaders Group (ILG) has now developed a framework that could enable a revolution in consumer choice in financial services


08/02/2019

UnipolSai Assicurazioni has recorded a consolidated net profit of €948m for 2018 (€537m in 2017), according to its latest financial results


08/02/2019

The French government has issued a number of emergency measures for insurance contracts, to take effect on the UK withdrawal from the EU without an agreement concluded in accordance with article 50


07/02/2019

Chubb saw profits tumble to $355m for the fourth quarter of 2018, down more than 75% compared with the same period last year, as property insurance losses exceeded expectations


07/02/2019

Beazley posted a profit before tax figure of $76.4m in its 2018 results, published today, down from its 2017 figure of $168m, which it has blamed on natural disasters and a poor investment environment


07/02/2019

Swiss insurer Zurich has reported a business operating profit of £3.5bn in its 2018 results, an increase of 20% on its 2017 operating profit figure


07/02/2019

The European subsidiary of American insurance giant Travelers has recently been granted a license by the Central Bank of Ireland to open a new, wholly owned insurance subsidiary in Dublin, ahead of Brexit


07/02/2019

Talanx Group achieved a net income of €703m in 2018, an increase of 4.9%


06/02/2019

The European Parliament and European Union (EU) member states have reached a political agreement for simpler rules for over-the-counter (OTC) derivatives, which will reduce costs and regulatory burdens


06/02/2019

Lloyds of London has appointed David Duclos to serve as non-executive chairman of its global network


06/02/2019

German re-insurer Hannover Re has increased its premium volume in traditional property and casualty reinsurance by 15.4% on a currency-adjusted basis to €6.4bn


06/02/2019

Signatories to the Principles for Responsible Investment (PRI) reached 2,232 in 2018, a 21 per cent increase on the previous year


06/02/2019

EIOPA is to put sustainability as a central theme in its strategic thinking for 2019-2021, and will examine how best to include sustainability considerations in supervisory and regulatory frameworks


05/02/2019

Despite ongoing uncertainty surrounding Brexit, US insurance trade groups say the covered agreement reached between the US and UK remains on track and is a key step to ensure business continuity after the UK has departed from the European Union (EU)


05/02/2019

French reinsurer Scor’s chief executive officer (CEO) Denis Kessler has promised to release a strategic plan that would set new targets for the company, in a move to assuage an activist fund that questioned his role in a failed takeover process


05/02/2019

RSA UK & International has appointed its former chief financial officer (CFO) Scott Egan as its new chief executive officer (CEO) with immediate effect


05/02/2019

Insurance firm Royal London has received approval to transfer more than £1bn worth of assets to Ireland as it ramps up its Brexit contingency planning


04/02/2019

The Financial Conduct Authority (FCA) has today published new rules and guidance to improve the quality of the information available to consumers about the funds they invest in


04/02/2019

Lloyd’s of London has announced the appointment of Burkhard Keese as its chief financial officer (CFO), with effect from 1 April 2019


01/02/2019

Covéa has cancelled its earlier plan to acquire property and casualty reinsurer SCOR saying that “a transaction with SCOR is no longer part of its strategic options”


01/02/2019

The risk exposure of the European Union insurance sector remains stable overall, according to EIOPA’s updated risk dashboard based on the third quarter 2018 data


01/02/2019

Solvency II does not represent an obstacle to the integration of sustainability risks, according to Insurance Europe’s response to a consultation on EIOPA’s draft technical advice on the integration of sustainability risks and factors in the delegated acts under Solvency II and the Insurance Distribution Directive (IDD)


31/01/2019

French insurers’ increasing focus on health insurance is credit positive as the market gives them an opportunity for business growth and earnings diversification with limited risk, Fitch Ratings revealed in a new report


31/01/2019

Swedish insurer Folksam has invested in a Nordic-Baltic “blue” bond protecting water resources and a Swedish green bond for sustainable housing


30/01/2019

The French Insurance Federation (FFA) and the German Insurance Association (GDV) have expressed their support in the creation of the Franco-German economic area with common rules


30/01/2019

MPs have voted to eliminate the possibility of the UK leaving the EU without a deal


30/01/2019

The International Association of Insurance Supervisors’ (IAIS) proposal for a new “holistic framework” for identifying and managing systematic risk in the insurance sector currently lacks sufficient clarity, according to Insurance Europe


29/01/2019

EIOPA has called for improvements to the assessment of the propriety of board members and qualifying shareholders of insurance companies


29/01/2019

Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S tax reform, according to Fitch Ratings


25/01/2019

The Investment Association (IA) has today announced the launch of the first industry-wide consultation on sustainability and responsible investment


25/01/2019

The Treasury Committee has today launched a new inquiry into the future of the UK’s financial services, once it has departed from the European Union (EU)


25/01/2019

Britain and Switzerland have struck a deal allowing insurers to trade freely between the two countries post-Brexit, Britain’s finance ministry has said.

The agreement will replicate the effects of the EU’s insurance agreement with Switzerland.
British finance minister Philip Hammond, and Swiss Confederation president Ueli Maurer, signed the agreement at the World Economic Forum in Davos, Switzerland


24/01/2019

The International Accounting Standards Board (IASB) met yesterday, Wednesday 23 January, and proposed amending key aspects of IFRS 17 Insurance Contracts


24/01/2019

Aon has recently appointed Colin Dutkiewicz as the global head of life for its reinsurance solutions business


24/01/2019

A report from De Nederlansche Bank (DNB) has revealed that the Dutch financial sector is exposed to environmental and social challenges, in addition to climate-related risks


24/01/2019

The Bank of England (BoE) has said it is “broadly on track” with its efforts to prevent European Union (EU) banks and insurers from relocating their UK branches post Brexit


23/01/2019

Luxembourg’s regulators granted 80 new licences for banks, management companies, alternative asset managers, insurers and investment firms in 2018, demonstrating it is the ‘go-to-hub’ for financial institutions operating on a cross-border basis in the European market


23/01/2019

The world’s largest insurance brokers have refused to rule out support for the giant Carmichael coal mine in Australia, despite growing opposition to the project among insurers and financial institutions, according to Unfriend Coal


22/01/2019

The US Federal Reserve is to try and leverage its upcoming proposal on insurance capital requirements in an effort to make an international plan more suitable for the US market, Fed Governor Randal Quarles said


22/01/2019

India’s insurance sector is set to mark strong growth due to the country’s economy and evolving regulatory regime, Moody’s Investors Service has said


21/01/2019

Phoenix Group Holdings has the most defensive life insurance stock and offers one of the safest dividend yields amid concerns a hard Brexit will lead to a recession, according to Barclays


21/01/2019

The world’s insurers have teamed up with the UN and the WWF to create a pioneering insurance industry guide to protect the planet’s most special places


18/01/2019

The European Insurance and Occupational Pensions Authority (EIOPA) has issued a Call for Evidence to collect information from market participants on the integration of sustainability risks and factors in the prudential assessment of assets and liabilities for insurers and (re)insurers


17/01/2019

Allianz, AXA and Swiss Re are among the brands to have received most praise from NGOs in 2018, on account of their efforts on climate change


16/01/2019

Insurers have slammed the atmosphere of uncertainty following the UK government’s defeat in Parliament on its proposed Brexit deal yesterday


15/01/2019

Swiss Re has recently announced it expects a combined claims burden from natural catastrophes and large man-made disasters of $2.9bn for 2018, while, as an industry, insurers will lose $81bn as a result of natural disasters


15/01/2019

Environmental, social and governance (ESG) performance has been positive since 2014, following a mobilisation of investors which has had an impact on supply and demand, according to new research by Amundi


14/01/2019

Market sentiment is holding up among insurers in the UK amid general falling sentiment among the rest of the financial services industry


14/01/2019

Law firm Slater and Gordon has swiped former Aviva executive Angus Eaton, who will take the position of managing director of consumer legal services, while also becoming the firm’s chief risk officer and chair of its risk management committee


11/01/2019

Insurers are now expected to disclose how they are to address climate risks, a new report has revealed


11/01/2019

Proposals to link EIOPA’s budget more closely to its actions, with increased scrutiny from the European Parliament and the Council of the EU, and to maintain a minimum of 35 per cent of EIOPA’s funding from the European Commission have been welcomed by Insurance Europe deputy director general Olav Jones said


10/01/2019

The European Insurance and Occupational Pensions Authority (EIOPA) published today its first Report on Costs and Past Performance of insurance and pension products following a request of the European Commission to the European Supervisory Authorities (ESAs) to periodically report on costs and past performance of retail investment, insurance and pension products


10/01/2019

French insurer AXA has said it will handle its international risk and reinsurance through an Irish unit as a result of Brexit, Reuters has reported


09/01/2019

Marsh & McLennan Companies, (MMC) has announced the pricing for six different bonds to fund the takeover of Jardine Lloyd Thompson (JLT) worth $5.6bn


09/01/2019

Internal models remain the most accurate measure of insurers’ risks, the best driver of good risk management and the most appropriate basis for comparing risks between companies, according to a group of Europe’s largest reinsurers


08/01/2018

Net inflows for the French life insurance market in November 2018 were €2.7bn, the French Insurance Federation (FFA) revealed


08/01/2019

Allianz, insurance-linked securities (ILS) and reinsurance linked investment manager Nephila Capital and broker ReSurety have again collaborated to deliver a wind farm proxy revenue swap product to transfer risks and support cash flows related to a new wind farm construction project


07/01/2019

Throughout 2019, institutional investors, excited by the prospect of greater regulatory clarity, are going to drive “considerable expansion” of the cryptocurrency market in 2019, according to deVere Group founder and chief executive Nigel Green


07/01/2019

LV= has recently appointed former Aviva retirement specialist Clive Bolton as managing director for life and pensions, subject to regulatory approval


07/01/2019

Rothesay has approached Swiss Re about the possibility of acquiring ReAssure, Swiss Re’s UK unit that manages life insurance policies, for £3.5bn, Sky News has reported


04/01/2019

The Financial Reporting Council (FRC) should be replaced with an independent statutory regulator, accountable to Parliament, with a new mandate, new clarity of mission, new leadership and new powers, a new report has argued


04/01/2019

French insurance group Apicil is to take over Luxembourg life insurance company OneLife


03/01/2019

Chubb European Group has redomiciled its business from London to France


03/01/2019

QBE European Operations has implemented its post-Brexit plans, after its Part VII transfers came into effect on 1 January 2019 following High Court approval


03/01/2019

Insurance company Athora has acquired Belgian insurer Generali Belgium from Italian insurance major Assicurazioni Generali for €540m


02/01/2019

The Hanover Insurance Group has completed the sale of Chaucer Holdings Limited, the major portion of its Lloyd’s international specialty business, to China Reinsurance Group


02/01/2019

AIG Life Limited, a UK subsidiary of AIG Life & Retirement, has completed the previously agreed acquisition of Ellipse, a specialist life, critical illness and income protection provider in the UK, from Munich Re


02/01/2019

Generali Group has completed the acquisition of an additional 23.5 per cent state in its Future Generali insurance joint ventures (JVs) in India with Future Group


21/12/2018

The Bank of Nova Scotia (Scotiabank) has announced it is selling its pension and insurance business in the Dominican Republic to Grupo Rizek for an undisclosed amount


21/12/2018

Direct Line Group has appointed AIG Life as the insurer behind its protection products in the UK’s first direct-to-consumer life insurance partnership


21/12/2018

The Financial Services Compensation Scheme (FSCS) has recently confirmed that the unrated Danish insurance firm Qudos Insurance was declared bankrupt on 20 December 2018


20/12/2018

Lloyd’s of London has named Sonja Rottiers as the chief executive of its Brussels subsidiary from February, while also acting as the firm’s regional director for Europe, Middle East and Africa


20/12/2018

The Central Bank of Ireland has issued a €3.5m fine to RSA Insurance Ireland (RSAII) for regulatory breaches in relation to large loss claims and accounting irregularities from 2009 to October 2013


20/12/2018

Ten of the world’s foremost insurers have reportedly announced they will not provide support to develop the controversial Carmichael coal mine in Australia, following in the footsteps set by many global financial institutions, the Unfriend Coal campaign has revealed


19/12/2018

Direct Line Group has indicated its interest in buying Legal & General’s (L&G) home and contents cover division, which was recently put up for sale, Sky New has reported


18/12/2018

Global reinsurance firm Swiss Re has estimated that natural catastrophes and man-made disasters will cost the insurance industry approximately $79bn in 2018, marking the fourth highest annual industry loss on its sigma records


18/12/2018

JLT Re has signed an insurtech partnership with Pact Insurance to offer products to the emerging digital auto insurance market


17/12/2018

Legal & General (L&G) is currently planning to divest its general insurance business, three years after a previous auction was called off, in a deal that could fetch more than £300m, Sky News has reported


17/12/2018

Following the publication of the results from the European Insurance and Occupational Pensions Authority’s (EIOPA) 2018 Insurance Stress Test, Insurance Europe deputy director Olav Jones emphasised the “strength of Europe’s insurance industry”


14/12/2018

A total of 42 (re)insurance companies reported an aggregate Assets over Liabilities (AoL) ratio of 109.5% and a pre-stress SCR coverage of 202.4% in the pre-stress (baseline) situation according to EIOPA’s latest 2018 Insurance Stress Test


14/12/2018

The IASB has voted to propose to amend IFRS 17, the insurance contracts Standard issued in May 2017


13/12/2018

EIOPA has today published its report on the Evaluation of the Structure of Insurance Intermediaries Markets in Europe confirming that the European insurance intermediation market is now characterised by a very wide diversity of local distribution channels and different definitions adopted at the national level


13/12/2018

The US Department of the Treasury and the Office of the US Trade Representative (USTR) have announced they intend to sign a bilateral insurance agreement with the UK, which should provide “regulatory certainty and market continuity” after Britain leaves the European Union (EU)


13/12/2018

The European Commission’s consultation on its draft proposals for the 2018 review of the Solvency II Delegated Regulation has raised a number of concerns voiced by Insurance Europe


10/12/2018

Following the decision from Qudos Insurance to enter liquidation, the European Insurance and Occupational Pensions Authority (EIOPA) has expressed its support of the order issued by Danish regulator Finanstilsynet


10/12/2018

A group of 11 insurance associations from across the globe have written a joint letter to the International Accounting Standards Board (IASB) chair Hans Hoogervorst calling for a two-year delay to International Financial Reporting Standard (IFRS) 17, which covers insurance contracts


07/12/2018

Interim solutions and contingency planning with respect to derivatives and insurance claims are reducing some significant risks a "no-deal" Brexit would present to the European financial services sector, Fitch Ratings has said in a new report


07/12/2018

Insurance companies urged to publicly rule out support for Australian coal mine


05/12/2018

UK-based RSA Insurance Group has received approval from the High Court of England and Wales to transfer its European business to its Luxembourg branch ahead of Brexit


05/12/2018

Dutch insurer ASR has recently agreed to acquire Loyalis from pensions administrator APG in a deal worth €450m


05/12/2018

Zurich Insurance is on track to achieve its financial targets for the 2017-2019 period, it announced in a statement on Wednesday ahead of its investor day


04/12/2018

Net inflows for French life insurers in October 2018 were €2.5bn


04/12/2018

Insurers around the world should receive fair regulatory treatment, according to their nature, scale and complexity, a conference of mutual and cooperative insurers will hear at the second joint AMICE-ICMIF regulatory event taking place in Paris today


03/12/2018

The book value of German life insurers’ capital investments increased to just over €905bn in 2017 despite the low interest rates, according to the German trade body, GDV


03/12/2018

Insurance companies are taking unprecedented action against the coal industry, ending insurance for coal companies, mines and power plants and excluding coal from $6trn of investments, Unfriend Coal’s second annual scorecard on the industry has revealed


30/11/2018

The UK leads Europe for sustainable and responsible investment (SRI) according to data from Eurosif, Europe’s sustainable and responsible investment membership organisation


30/11/2018

Insurance investors globally have seen their return expectations plummet as concerns over rising levels of equity market volatility and risk weigh on their portfolios, Schroders Institutional Investor Study 2018, An Insurance Focus, has found


30/11/2018

The winners of the Insurance Asset Management Awards 2018 were announced last night at a gala ceremony at the De Vere Grand Connaught Rooms, London


29/11/2018

The EC is “really missing an opportunity” around the review of insurers’ Solvency II regulatory framework, to unlock capital that insurers could be using to boost Europe’s economy, Insurance Europe has argued


29/11/2018

The French life insurance sector has had its outlook revised to stable from negative, as Fitch Ratings expects sustained net flows, improving business mix and margins, and low, well-managed interest rate risk to support life operating performance in 2019


29/11/2018

The Italian life insurance sector outlook remains negative for 2019 as insurers’ high sensitivity to Italian government bond spreads could outweigh on their capitalisation and profitability, Fitch Ratings has said


28/11/2018

EIOPA has today published for consultation its draft technical advice on possible amendments to the delegated acts under Solvency II and the Insurance Distribution Directive (IDD) concerning the integration of sustainability risks and factors


28/11/2018

Saudi Arabia’s changing regulatory landscape is expected to incentivise M&A activity in its insurance sector and drive consolidation among smaller firms, Fitch Ratings has predicted, with several deals already announced in 2018


27/11/2018

The SCR ratio of EEA insurers at an aggregated level is now 220%, according to EIOPA’s latest European Insurance Overview


27/11/2018

The German life insurance sector outlook has been revised to stable from negative, reflecting the progress made by major insurers in adapting to the twin challenges of persistent low interest rates and the introduction of Solvency II


27/11/2018

Aviva has invested in the world’s biggest wind farm, putting £400m of funds into the Hornsea project 1 that includes 174 giant turbines in the North Sea off the coast of East Yorkshire


26/11/2018

AXA has extended its climate change policy to its recently-acquired XL division, which will result in a negative impact on its revenues


26/11/2018

The UK life insurance sector outlook is stable, as supportive long-term trends outweigh near-term uncertainties, Fitch Ratings has said


23/11/2018

Over half of the UK’s leading life insurance companies expect to increase their spending on actuarial consultants over the next year, research by Barnett Waddingham has found


22/11/2018

Four European insurers are continuing to support plans to expand Poland’s coal industry, according to research from the Unfriend Coal campaign released today, as the country prepares to hose the UN Climate Summit next month


22/11/2018

German non-life insurers are likely to continue raising their premium rates in 2019, in a bid to maintain profitability while facing increasing costs per claim and dwindling investment returns, Fitch Ratings has said


21/11/2018

Lloyd’s of London (Lloyd’s) today announced that its chief operating officer (COO) Shirine Khoury-Haq has decided to leave the organisation, after almost five years of service


21/11/2018

Discussing the relationship between sustainable finance in the pensions and insurance space at the European Insurance and Occupational Pensions Authority (EIOPA) annual conference, European Commission chairman said most of the industry understands sustainable finance but does not invest enough to combat issues


20/11/2018

The ongoing California wildfires are expected to become one of the costliest wildfire catastrophe-insured loss events for the property and casualty insurance industry, and will most likely negatively impact the fourth-quarter earnings of firms with material property exposure in the state, Fitch Ratings has said


20/11/2018

EIOPA chairman Gabriel Bernardino has announced that Solvency II will be reviewed to "secure its future", allowing the directive to adapt to market conditions


19/11/2018

Folgate Insurance has partnered with MS Amlin for its relaunch in December, allowing the firm to offer greater capacity to the broker market


15/11/2018

American International Group (AIG) and The Carlyle Group have created a new reinsurance firm, Fortitude Re, formerly known as DSA Re


14/11/2018

Global insurance regulators have proposed to suspend the publication of their list of systematic insurers who must comply with stricter capital rules, Reuters has reported


14/11/2018

The International Accounting Standards Board (IASB) has voted to push back the implementation of IFRS 17 for one year to 1 January 2022


13/11/2018

UN Environment’s Finance Initiative (UNEP FI) announced today a partnership with 16 of the world’s largest insurers, to develop a new generation of risk assessment tools designed to allow the insurance industry to better understand the impacts of climate change on their business


13/11/2018

Lloyd’s of London, an insurance and reinsurance market, has launched its new subsidiary in Brussels in order to obtain uninterrupted access to European Union (EU) markets following the UK’s departure from the union next year


12/11/2018

The parent company of Ireland-based CBL Insurance Europe and CBL Insurance in New Zealand, CBL Insurance, has been put into liquidation by the Auckland High Court


09/11/2018

The Treasury Committee has today announced a probe into vulnerable customers and how they are served by the financial services industry


09/11/2018

Generali’s announced today that it will stop insuring the construction of new coal mines and plants, while also no longer accepting coal companies as new clients


08/11/2018

Institutional investors are investing more in private credit, accounting for 70 per cent of the market’s capital, an investor survey shows


08/11/2018

Registration is now open for the 2019 Sustainability Summit, which offers pension funds, insurance companies, charities and corporates the chance to learn and network alongside their peers


07/11/2018

It appears as though the Spanish insurance sector has good prospects for profitable growth, in contrast to most other major European insurance markets, Fitch Ratings has announced in a new report


07/11/2018

The shareholders of JLT have approved the deal for Marsh and McClennan Companies (MMC) to purchase the broker for $5.6bn (£4.3bn)


07/11/2018

Generalli and Vienna Insurance Group (VIG) have signed a €365,000 contract to insure a recently finished 660MW coal power plant in the Czech Republic, undermining international action to tackle climate change, the Unfriend Coal campaign has recently revealed


06/11/2018

Insurance and reinsurance broking group and advisory firm Willis Towers Watson (WTW) is shutting down its securities mergers & acquisitions (M&A) advisory unit, as it is understood that this business as its own individual unit no longer fits the strategic direction of the group


06/11/2018

European insurers have welcomed changes implemented by the International Association of Insurance Supervisors (IAIS) to its proposals for a common framework (ComFrame), despite arguing that additional guidance is needed


05/11/2018

A total of 124 insurance undertakings from the United Kingdom and Gibraltar with cross-border business in EEA 30 jurisdictions have no or insufficient contingency plans in place to ensure service continuity in case of a withdrawal without an agreement between the UK and the EU


05/11/2018

Significant improvements are still required for the global Insurance Capital Standard (ICS) version 2.0 to correctly reflect insurers’ business models, while also correctly identifying and measuring the risks faced by insurers, argued Insurance Europe


02/11/2018

Price comparison site Compare the market may be keeping the cost of home insurance premiums artificially high, according to the Competition and Markets Authority (CMA), therefore potentially breaking competition law


01/11/2018

The UK has reportedly struck a deal with the EU on post-Brexit financial services


01/11/2018

Insurers in North America expect future investment returns to fall short of their internal targets with 77% expecting to struggle to meet target investment returns, according to a survey published by Aberdeen Standard Investments (ASI)


31/10/2018

The PRA has today set out its proposals to amend Supervisory Statement (SS) 3/15 ‘Solvency II: the quality of capital instruments’, involving an expectation that insurers will deduct the maximum tax charge generated on write-down, when including items listed in Articles 69(a)(iii) and (b) of the Solvency II Regulation (the ‘Solvency II Regulation’) or certain items approved under Article 79 of the Solvency II Regulation to be recognised as restricted Tier 1 own funds (rT1) in their own funds


31/10/2018

The Financial Conduct Authority (FCA) has today set out the issues it will focus on as part of a market study into how general insurance (GI) firms charge their customers for home and motor insurance


31/10/2018

Total European direct gross written insurance premiums totalled €1,213bn in 2017, a rise of 4.7% on 2016, with life premiums growing 5% to €710bn, P&C 4.4% to €371bn and health 3.9% to €132bn, according to latest figures published by Insurance Europe


31/10/2018

Deal value for global insurance M&A was up €37bn in the first six months of 2018, driven by a slew of megadeals which pushed value to its highest first-half total since the financial crisis


30/10/2018

Moody’s Analytics and PwC have teamed up to offer end-to-end actuarial, accounting and business expertise solutions to help insurers align with IFRS 17


30/10/2018

EIOPA is asking stakeholders for feedback on the envisaged approaches to assess the illiquidity characteristics of insurance liabilities, the actual holding periods of assets of insurers as well as the risks of holding assets over a longer term


29/10/2018

AXA has appointed Amelie Breitburd as chief financial officer (CF) of UK and Ireland, replacing Bertrand Poupart-Lafarge who was also interim CEO following the departure of Amanda Blanc


29/10/2018

The effects of the European Union’s (EU) 2016 Solvency II regulatory regime for insurers on policyholder protection needs to be better understood before considering any harmonisation of insurance guarantee schemes (IGS) at EU level, Insurance Europe has argued


26/10/2018

At a meeting earlier this week (24 October), the International Accounting Standards Board (IASB) agreed that changes would be “narrow in scope”, with a number of members arguing against compromising core principles of the standard


26/10/2018

The “reinsurer of the future” will need to embrace third-party capital and the insurance-linked securities (ILS) space, according to Everest Re executive vice president (EVP) and international department head Ron Diaz


25/10/2018

Insurance Europe yesterday said it supports the European Commission’s ‘Better Regulation’ agenda, but warned that “in many cases” stakeholders are not given enough time to provide input, while policymakers do not allow enough time to analyse and “take on board” the input given


25/10/2018

DWS Group and Generali Group have agreed to expand their existing cooperation on unit-linked products


25/10/2018

French life insurance net inflows for September 2018 were €900m, down from €2.4bn in August, according to latest figures published by the French Insurance Federation


24/10/2018

Swiss Re has appointed Tavazia Madzinga as the new CEO of the UK & Ireland (UKI) operation, which will come into effect from 1 January 2019


24/10/2018

AXA has signed an agreement with Canadian firm Fairfax Financial to divest its entire insurance business in Ukraine


23/10/2018

Insurance Europe’s Reinsurance Advisory Board (RAB) has written to the US National Association of Insurance Commissioners (NAIC) expressing concerns about NAIC’s draft implementation plans for the bilateral agreement on reinsurance prudential measures that the EU and US concluded in 2017


23/10/2018

Talanx Group has set itself an ambitious target for 2019, increasing its return on equity (RoE) target from 750 basis points to at least 800 basis points, while also raising its earnings per share by an average of at least 5% per year by 2022


June 2018

IAM reporter Oliver Wade talks to ABI director general Hugh Savill about the current major themes in the insurance industry


22/10/2018

The Prudential Regulation Authority (PRA) announced on 17 October 2018 that it will exempt small UK insurers from the requirement to have their annual Solvency and Financial Condition Report (SFCR) externally audited


22/10/2018

The three European Supervisory Authorities (ESAs), EBA, EIOPA and ESMA, have written to the European Financial Reporting Advisory Group (EFRAG) to “highlight the importance of replacing the current accounting standards” for insurance contracts


22/10/2018

The risk exposure of the European Union insurance sector remains stable overall, with macro risks continuing at a medium level amid continued economic recovery and less expansionary monetary policy, according to EIOPA’s latest Risk Dashboard


22/10/2018

An executive of the Swiss Re group has said that it expects the global reinsurance industry to consolidate, as the distinction between insurers and reinsurers becomes increasingly blurred


19/10/2018

Prudential Financial, which was previously labelled “too big to fail”, has been declared no longer a systemically important financial institution by the Financial Stability Oversight Council (FSOC)


19/10/2018

The Standard Club has today announced that it is withdrawing from underwriting at Lloyd’s from 2019


18/10/2018

In a recent release, the Prudential Regulation Authority (PRA) has proposed to extend the rule relating to individuals with FCA responsibilities (the ‘responsibilities overlap rule’) to Solvency II firms and large NDFs


18/10/2018

The UK’s transition out of the EU could be extended by “a matter of months” to ensure no hard border in Northern Ireland, Prime Minister Theresa May has said


17/10/2018

Insurance companies from all corners of the globe have urged the International Accounting Standards Board (IASB) to amend the accounting rules (IFRS 17) and extend its implementation deadline


17/10/2018

AXA XL has recently been granted permission from the Central Bank of Ireland (CBI) to move its EU business from the UK to Ireland in advance of the UK’s departure from the European Union on 29 March 2019


16/10/2018

Lloyd’s of London has appointed John Neal as its new CEO


16/10/2018

LV= General Insurance (LV=GI) has appointed former Ageas chief executive Barry Smith as its new chief executive


15/10/2018

Ascot Underwriting chief executive officer Andrew Brooks has been appointed the next chairman of the Lloyd’s Market Association (LMA) with effect from 1 January 2019


15/10/2018

The ABI has announced two new Board appointments – AXA UK and Ireland chief executive Claudio Gienal and Lloyds Banking Group general insurance and protection director Craig Thornton


15/10/2018

The PRA has today published a consultation paper on a draft supervisory statement (SS) relevant to all UK insurers setting out expectations regarding firms’ approaches to managing the financial risks from climate change


12/10/2018

Following the financial crisis, the past several years of extremely low interest rates and quantitative easing policies by the world’s major banks have “flushed global market with abundant liquidity”, leading to a “chase for yield” investment environment, according to BNP Paribas


12/10/2018

The Natural Capital Finance Alliance (NCFA), working alongside the Natural Capital Coalition and VBDO, today hosted the UK launch of a ground-breaking guide to help financial institutions understand and assess their reliance on ‘natural capital’, such as clean air, oceans and ecosystems


11/10/2018

Bermuda-based speciality insurance and reinsurance company Ascot Group has established a US division known as Ascot Insurance US


11/10/2018

Financial Services Compensation Scheme (FSCS) CEO Mark Neale has announced that he will step down from his position on 3 May 2019 after being in the organisation for nine years


10/10/2018

EIOPA has today reinforced cooperation in the supervision of cross-border insurance distribution by by publishing a Decision on the cooperation of national competent authorities (NCAs), replacing the former Luxembourg Protocol.

The Decision with regard to the supervision of cross-border insurance distribution activities of insurance undertakings and insurance intermediaries replaces the former Luxembourg Protocol which has to be substantially revised as a result of the new regulatory framework for insurance distribution activities under the Insurance Distribution Directive (IDD) and the recent supervisory experience with cross-border insurance distribution activities


10/10/2018

The profitability of London market insurers is to remain under pressure in 2018, despite rates having improved following the H2 2017 catastrophe losses, Fitch Ratings has said


09/10/2018

Lloyd’s is working on transferring all European Economic Area (EEA) business to Lloyd’s Brussels before the end of 2020 via a Part VII transfer


09/10/2018

Aviva CEO Mark Wilson has today stepped down


8/10/2018

Long term guarantees (LTG) measures under Solvency II, including the volatility adjustment, “may not work as intended” and “create competitive distortions in Europe”


08/10/2018

Outgoing Lloyd’s of London boss Inga Beale has said the insurance business is accelerating plans to bolster its Brussels subsidiary unit amid fears that Britain and the EU might not reach a post-Brexit trade deal


05/10/2018

Aegon’s subsidiary Transamerica has today announced an agreement worth $195m that would resolve litigation challenging certain monthly deduction rate adjustments on universal life insurance policies in the United States


05/10/2018

Lloyd’s has established a new insurance company based in Brussels (Lloyd’s Insurance Company S.A., known as Lloyd’s Brussels), to underwrite non-life insurance and facultative reinsurance risks located in EEA countries with effect from 1 January 2019


04/10/2018

Standard Life Aberdeen progressing with its share buyback programme, as it continues to spend millions on returning funds to shareholders in the company


04/10/2018

Investment fund assets worldwide increased 4.4 per cent at the end of the second quarter of 2018, the European Fund and Asset Management Association (EFAMA) said


03/10/2018

Insurance and reinsurance broker Willis Towers Watson (WTW) has recently acquired risk adviser and insurance broker Dero Courtage to increase its presence in the French market


03/10/2018

Recently, studies conducted by the European Financial Reporting Advisory Group (EFRAG), revealed there are problems with the way the new International Financial Reporting Standard (IFRS 17) depicts insurers’ performance and business model that must be resolved before the standard is endorsed


02/10/2018

Aegon Nederland has decided to sell its interests amounting to €7m in palm oil after 15 years, stating that the sector “is unable to implement improvements, keep to existing rules and bring in sanctions”


02/10/2018

Annual inflation in the OECD area was stable at 2.9% in August 2018


01/10/2018

Generali Real Estate has completed, on behalf of Generali Group’s GEIH (Generali Europe Investments Holding) Fund, the acquisition of a prime high-street retail asset in central Copenhagen, the first direct asset acquisition ever closed by the company in the Nordics real estate market


01/10/2018

The planned reorganisation of Generali Investments has today become operational resulting in two new asset management companies


27/09/2018

New Solvency II guidance has been published by the Bank of England (BoE), helping to simplify reporting and meet investor needs


27/09/2018

Finance leaders are joining world leaders from government and health today to launch The Tobacco-Free Finance Pledge


26/09/2018

Net inflows in the French life insurance market were €2.4bn in August 2018 down from €3bn the previous month


25/09/2018

The insurance industry plays a key role in de-risking infrastructure and mobilising long-term private capital to climate risk-resilient projects a group of decision makers and experts agreed at the Geneva Association’s 2018 Extreme Events and Climate Risk Forum, co-hosted by Intact Financial and Sun Life


25/09/2018

Dutch insurer Aegon has merged its subsidiaries, Arizona-based variable annuity captive with Transamerica Life Insurance Company (TLIC), a move expected to spark a one-time benefit to capital generation of around $1bn


24/09/2018

Aviva has informed customers it is transferring business to Ireland amid Brexit uncertainty


24/09/2018

Zurich will meet all the targets laid out in its business plan to 2019 and could even beat them, CEO Mario Greco said in an interview published in Italian newspaper La Reppublica


24/09/2018

The value of assets managed by regulated third-party managers in Europe grew 10% in 2017, to €25.2trn according to a report by the European Fund and Asset Management Association (EFAMA)


21/09/2018

The EIOPA Insurance and Reinsurance Stakeholder Group members have elected Greg van Elsen as it chair


21/09/2018

Lloyd’s of London’s aggregated market profit was £0.6bn for the first six months of 2018, down from £1.2bn in June 2017, according to its latest interim report


20/09/2018

Lloyds Banking Group is to reportedly set up a subsidiary in Luxembourg to allow it to serve life insurance customers in the EU after Brexit


19/09/2018

The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) are writing to the CEO’s of large banks and insurance companies in relation to the ongoing global benchmark reform effort mandated by the Financial Stability Board (FSB), specifically the transition from LIBOR to alternative rates


19/09/2018

The Financial Conduct Authority (FCA) has today announced that its remaining investigations into firms, following its thematic review into the fair treatment of longstanding customers in the life insurance sector, have each been closed


19/09/2018

Greenwich Associates has recently found that diminished liquidity in global bond markets is fuelling demand for fixed-income equity traded funds (ETFs) among institutional investors in Europe and the United States


18/09/2018

Marsh & McLennan Companies, Mercer’s parent company, has reached an agreement to purchase JLT for $5.6bn (£4.3bn)


18/09/2018

Aviva, has announced that it has successfully completed the share buyback programme which was notified to the market on 1 May 2018


17/09/2018

Two-thirds of Irish insurance leaders (66%) believe there are more threats to business growth compared to three years ago


17/09/2018

As the demand for ESG continues to grow from clients’, and following the strategic decision to integrate ESG analysis across its investment platforms, AXA Investment Managers (AXA IM) has announced it is moving to the next phase of its Responsible Investment (RI) capabilities


14/09/2018

Recently, Schroders ALM director Wojciech Herchel stated that the firm is seeing “continued interest from insurers in alternative income assets”, adding that the features are “cognisant” of Solvency II requirements


13/09/2018

The expectation of continued resilient performance is driving the stable outlook in the UK life insurance market, Moody’s Investors Service has stated


13/09/2018

Hanover Insurance Group is to sell Chaucer, its specialist insurance business, which underwrites risks at Lloyd’s, to China Reinsurance Group Corp for $950m, it has announced


13/09/2018

Lemonade, which has over $100m in investments, has become the first US insurer to commit to never invest in coal and urged others to follow suit


12/09/2018

The Insurance Asset Management Awards 2018 shortlist has been revealed


11/09/2018

The funds committed to fossil fuel divestment now total more than $6trn (£4.6trn), with nearly 1,000 institutional investors pledging to leave the asset class alone, according to a new report from Arabella Advisors


11/09/2018

A number of reinsurers’ policy loopholes are “keeping the coal industry afloat”, despite having the power to end coal support and support global climate action, Unfriend Coal has argued


10/09/2018

Pension Insurance Corporation Group (PICG) has recently announced its results for the first half of 2018, reporting a profit of £123m, compared with a year-end profit of £140m in 2017


10/09/2018

Consolidation of the global reinsurance industry will persevere, as intense market competition and capital levels drive mergers and acquisitions (M&A), while smaller players that lack scale and diversification see additional pressure on growth and profitability, said Fitch Ratings


10/09/2018

Asset owners that are hoping to succeed in a world of substantial changes in technology, demography, globalisation, environment and social norms will need to significantly reposition their business, operation and investment model, according to research from the Thinking Ahead Institute


07/09/2018

The RT1 sector is back in the spotlight and showing some “real relative value again”, according to TwentyFour Asset Management’s partner and portfolio manager Gary Kirk


07/09/2018

Ousted QBE insurance chief John Neal is being lined up to be new CEO of Lloyd’s of London


06/09/2018

Shareholders’ equity in 34 reinsurance companies tracked in the Willis Reinsurance Index totalled $364.9bn, a 1.6% decrease from $371bn at year-end 2017


06/09/2018

At present there is still “huge potential” within AIG’s portfolio for the use of a market in which investors trade assets tied to insurance liabilities


05/09/2018

The Board of Directors of the Swiss Financial Market Supervisory Authority FINMA has named Birgit Rutishauser as head of the insurance division and a member of the FINMA executive board


05/09/2018

RSA Insurance Group has today opened its new office in Luxembourg as part of its preparations for the UK’s exit from the European Union


05/09/2018

The European Financial Reporting Advisory Group has urged the IASB to re-consider a number of concerns raised associated with the implementation of IFRS 17, including balance sheet presentation and CSM amortisation


05/09/2018

Fitch Ratings has revised its outlook for the global reinsurance sector to stable from negative, on the belief that earnings have settled at a "new normal", with return on capital likely to be more modest but less volatile than before


04/09/2018

Sompo has announced the launch of its new subsidiary, SI Insurance (Europe), SA


04/09/2018

French reinsurer SCOR has spurned a $9.6bn takeover from Covea, it has emerged


04/09/2018

Reinsurance rates are likely to rise by under 5 per cent in 2019 as a result of strong competition in the market, S&P Global and Fitch have said


03/09/2018

Investing sustainably remains a minor factor in the investment decision-making process despite institutional investors’ expectations it will grow in importance, Schroders Institutional Investor Study 2018 has found


03/09/2018

US municipal bonds offer an attractive investment opportunity for European insurers’, according to Invesco


31/08/2018

French insurance company, Groupama, has witnessed a marked increase to €9.5bn in premium income (+3.6%) for property and casualty insurance and for life and health insurance


31/08/2018

The UN Environment’s Principles for Sustainable Insurance Initiative is delivering the Tobacco-Free Finance Pledge – spanning lending, insurance and investment, to further support the aims of the WHO Framework Convention on Tobacco Control and the UN Sustainable Development Goals (SDGs)


30/08/2018

The insurance unit of Brazil’s state-owned lender Caixa Economica Federal has agreed to create a new joint venture with France’s CNP Assurances SA to sell life insurance products in the bank’s more than 4,000 branches in the country


30/08/2018

French life insurance firms witnessed net inflows of €3bn for July 2018


29/08/2018

UK asset managers have three years to launch ETF strategies or else they run the risk of failing to get new products off the ground, HANetf has said


29/08/2018

Aspen Insurance Holdings has enters into a definitive agreement to be acquired by certain investment funds affiliated with Apollo Global Management in an all-cash transaction valued at $2.6bn


29/08/2018

The assessment of the unintended impacts of financial regulation should be carried out before regulation is implemented, not just afterwards, Insurance Europe has argued, and the necessary work for assessing whether a specific infrastructure asset qualifies for tailored prudential treatment is unnecessarily "extensive" and ""resource-intensive"


28/08/2018

Lloyd’s Market Association has named Sheila Cameron as its next CEO