LATEST NEWS
- US insurers net acquire around $180bn in bonds for total price paid
- Allianz aims for climate neutrality by 2050; plans to reduce assets’ climate impact by one quarter by 2025
- Just Group looks to illiquid investments after reducing property market exposure
- Zurich announces successful placement of US$1.75bn of dated subordinated debt
- Aviva Investors publishes net zero pathway for real assets
Allianz aims for climate neutrality by 2050; plans to reduce assets’ climate impact by one quarter by 2025
Allianz has announced for the first time concrete interim targets for reducing greenhouse gas emissions in its investment portfolio of policyholder funds, implementing its stated goal of climate neutrality by 2050
Just Group looks to illiquid investments after reducing property market exposure
Just Group has reduced its exposure to the UK property market by selling £540m of lifetime mortgages balances in December and completed a third hedge to cover £280m of lifetime mortgages
Zurich announces successful placement of US$1.75bn of dated subordinated debt
Zurich has announced the successful placement of US$1.75bn of dated subordinated notes
Other News Stories...
Net-Zero Asset Owner Alliance publishes decarbonisation targets
Thirty-three of the world’s largest investors, representing $5.1trn of assets under management, have committed to setting and reporting on 2025 targets to support the transition to net-zero greenhouse gas emissions by 2050
Mexico’s double-listed bond issuance aims to bolster capital inflows, liquidity and investor confidence
The Mexico government’s recent 50-year bond issuance may offer an attractive, long-term interest rate alternative intended to maintain investor confidence and reinforce the country’s capital inflows and liquidity, according to a new AM Best commentary
US P&C segment has ‘sufficient capital’ to weather ‘moderate investment losses’; M&A uptick expected to continue
The overall P&C segment in the US has “sufficient capital” entering 2021 to weather “moderate investment losses” and a “continuation of elevated catastrophe losses”, the Kroll Bond Rating Agency (KBRA) has said
Aviva Investors publishes net zero pathway for real assets
Aviva Investors, the global asset management business of Aviva, has published its net zero pathway for its Real Assets business as part of the Better Buildings Partnership Climate Change Commitment
Achmea bans further investments in the oil and gas sector
Achmea has sharpened its investment policy by further reducing investments in polluting and CO2-intensive companies
Schroders appoints global head of infrastructure in private assets
Schroders has appointed Chantale Pelletier as global head of infrastructure in private assets to lead the growth and development of the firm’s infrastructure investment platform
Supervisors urged to support insurers in helping to facilitate the transition to sustainability
Supervisors should support insurers in helping to facilitate the transition to sustainability, Insurance Europe has argued
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
Most read stories...
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
