The Bank of England has confirmed it is holding its base rate at 4.75% in its final decision on interest rates in 2024
European insurers are well positioned to deal with the consequences of a further escalation of geopolitical tensions, however, the capital and liquidity they would need to draw on to cope with such adverse shocks is substantial, EIOPA’s 2024 Insurance Stress Test has revealed
Varma has committed €2.3bn to a tailored exchange-traded fund (ETF), making it the largest ETF investment of its kind in the world
Generali has completed the sale of its 99.99% stake in its Turkish business, Generali Sigorta A.Ş., to Kiler Holding A.Ş
Admiral Group has announced that its subsidiary, Admiral Insurance (Gibraltar) Limited, has invested into Schroders Capital’s Junior Infrastructure Debt Europe Fund III (JULIE III)
US insurers’ exposure to collateralised loan obligations (CLOs) increased to $271.2bn in BACV at year-end 2023, representing a 9.5% increase from $247.7bn at year-end 2022
Allianz has established a new independent strategic reinsurance platform called Sconset Re, which will be capitalised through equity investments from institutional partners