LATEST NEWS
- L&G confirms intention to pay final 2019 dividend despite PRA guidance
- QBE withdraws 2020 financial targets
- UK/Italian life insurance outlook revised to negative
- Munich Re withdraws €2.8bn profit guidance and discontinues share buy-back
- EIOPA/Romanian Supervisory Authority postpone balance sheet review
QBE withdraws 2020 financial targets
QBE has withdrawn its 2020 financial targets in light of the “unprecedented COVID-19 pandemic and uncertain economic and investment market outlook”
UK/Italian life insurance outlook revised to negative
The UK life and Italian life insurance sectors have had their outlooks changed to negative from stable, Moody’s has announced
Munich Re withdraws €2.8bn profit guidance and discontinues share buy-back
Munich Re has withdrawn its previous 2020 profit guidance of €2.8bn and discontinued its previously announced share buy-back of up to €1bn until further notice
Other News Stories...
China Re weighing up establishing US operation
China Re could be considering setting up a move into the US to establish a business entity based on global strategy and the implementation of the Sino-US phase one trade deal
(Re)insurers urged to temporarily suspend discretionary dividend distributions and share buy backs
EIOPA is urging (re)insurers to temporarily suspend all discretionary dividend distributions and share buy backs aimed at remunerating shareholders due to the impacts of COVID-19 in financial markets and the economy
Romanian insurance market’s underwritten premium volume rises by 8%
The Romanian insurance market recorded a volume of underwritten premiums of RON 11bn (EUR 2.3 bln) in 2019, up 8% compared to 2018
EIOPA/Romanian Supervisory Authority postpone balance sheet review
The Romanian Supervisory Authority and EIOPA have decided to postpone the start of the balance sheet review of the Romanian insurance sector
US life insurers' growing commercial mortgage portfolios facing unique challenges
US life insurers’ growing commercial mortgage portfolios may face unique challenges during the coronavirus pandemic
AXA and FBD postpone shareholder meetings
Insurers, AXA and FBD, have both postponed their shareholder meetings in light of the COVID-19 outbreak and the resulting restrictions
Italian insurers at risk from concentration in BTPs, IMF warns
An upward shift of 100bps in the yield of Italian sovereign debt would reduce the value of insurance companies’ own funds by 28%, the IMF has said
Latest Features
'Double-hit' scenario to cause €160bn EU insurer balance sheet plunge
A 'double-hit' scenario across Europe is to have a negative impact worth €160bn on the undertakings balance-sheets of EU-wide insurers and for a 'low-for-long' scenario an impact of €100bn, according to EIOPA's latest insurance stress test report
Insurance Europe 'puzzled' by length of EIOPA's stress test recommendations
Insurance Europe is 'puzzled' by the long list of supervisory actions recommended by EIOPA arising from its latest stress test report
Real estate debt: how to target better outcomes from private debt investment
Careful underwriting of real estate debt can provide downside protection for insurers’ portfolios as the market cycle turns, says M&G’s Real Estate Debt Finance director Duncan Batty
Real estate debt: a compelling investment case for insurers
Insurance companies are increasingly seeking investments that offer both attractive returns and make efficient use of capital. A growing number are recognising the valuable role that real estate debt – specifically senior mortgages on commercial property – can play within a core fixed income portfolio – and the multiple benefits it can offer large-scale investors with longer investment horizons and capacity to accept illiquidity
Expert Views
How can we rethink insurance investment to solve the complexity challenge?
The model of insurance investing has been upended since the financial crisis by a confluence of
challenges. New assets, strategies and partnerships have the potential to help insurers
cut through this complexity and deliver sustainable solutions
Expert Views
New Rules, New opportunities: A return to European ABS for insurers?
At the height of the global financial crisis, insurance company investors withdrew from
the securitised debt market and sold down their asset-backed securities (ABS) holdings.
But a decade on, new regulation offers the potential for securitised debt to re-emerge
as an attractive investment opportunity for Solvency II-regulated insurers,
believes James King, Fund Manager at M&G Investments
DIVERSIFIED PRIVATE CREDIT
Editor Adam Cadle talks to BNP Paribas Asset Management head of pension solutions Julien Halfon about investing in diversified private credit
Emerging Market Debt
Editor Adam Cadle talks to BNP Paribas Asset Management head of emerging markets debt Bryan Carter about the asset class and the opportunities in this space
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HSBC: Asian credit
Adam Cadle talks to HSBC Global Asset Management global head of insurance segment Andries Hoekema and head of insurance business EMEA Deepak Seeburrun about investing in Asian credit for European insurers
Financial Results
