Singapore is to block a bid by German insurer Allianz to buy a majority stake worth $1.68bn in Income Insurance, but remains open to a new deal if certain concerns can be addressed, Prime Minister Lawrence Wong has stated
Isio has announced plans to acquire insurance and risk settlement specialist, K3 Advisory, subject to Financial Conduct Authority (FCA) regulatory approval
Almost nine in 10 (88%) institutional investors and wealth managers predict there will be an increase in their industries of locking in gains from strong equity performances to rebalance portfolios to fixed income over the next 18 months, Managing Partners Group (MPG) research has revealed
BlackRock has reported assets under management (AuM) of $11.48trn – a new record high – at the end of Q3, up 7.8% from the end of Q2 and up 26.1% from the end of the year-ago quarter
The Michelin Pension and Life Assurance Plan has agreed a £1.5bn full-scheme buy-in with Aviva, covering the retirement benefits of around 15,000 members of the scheme
HSBC has appointed William Chan as its global chief investment officer and head of investments
The CO2 footprint of Dutch insurers and pension funds was ‘clearer’ from 2020-21, according to analysis by De Nederlandsche Bank (DNB)