Asset Allocation
Insurers Eye Riskier Investments, One-Third Make Major Changes
Impact investing and longer-duration bonds are on the buy list, says Nuveen.
Tag: insurance
News
Ping An Investments Aligned With China’s Green Transition Policy, CIO Says
Insurer sets 20% annual growth targets for its green investments.
Newsmakers
Prudential Names Don Guo Group CIO
Guo joins the insurance giant from Catalina Holdings, where he was CIO of Asia and Europe.
Regulation
DOJ Lawsuit Could Hurt Aon-Willis Towers Watson’s Chances in Europe
Legal action could influence whether the European Commission approves the $30 billion acquisition.
Pensions
Special Report: How to Ensure a Smooth Pension Risk Transfer
Without thoughtful preparation, offloading liabilities can be a costly and time-consuming endeavor.
Pensions
Swiss Life Admits to Conspiring to Cheat IRS
The insurance giant will pay more than $77 million for helping taxpayers hide nearly $1.5 billion from IRS.
Pensions
Insurers Have Been Draining Funds from New Jersey’s Pensions for 15 Years
Report calls 2006 policy that shifted financial obligations for employee injuries to pensions ‘a windfall to insurers.’
Asset Management Culture
Scottish Widows to Divest £440 Million from Firms That Fail ESG Standards
UK insurance and pension provider targets companies that it says pose the most severe investment risks.
Corporate Moves
New York Times Makes $235 Million Pension Risk Transfer to MassMutual
About 1,850 affected retirees will continue to receive payments from the life insurer.
The Imitation Game: How AI Should Buoy Insurers—and Pension Risk Transfers
Also, as investments, carriers likely will grow more attractive, thanks to machine learning helping to customize pricing, reduce costs, and flag fraudulent activity.
Will Businesses Be Engulfed by Lawsuits Blaming Them for Virus Infections?
A GOP Senate bid to shield companies has helped hold up the next federal stimulus round.
Asset Allocation
US Insurers Aren’t as Concerned About Climate Risk as Global Peers, GSAM Finds
Just half of American carriers consider global warming during their investment process, versus more than 70% of their European and Asian counterparts.
Asset Management Culture
Majority of Insurers Confident in Asset Managers During Downturn
They’re also upping their allocations into alternatives, such as private equity and private credit, says a State Street survey.
Asset Management Culture
MassMutual Reportedly Exploring $2 Billion Sale of Retirement Services
The life insurance company apparently no longer considers the DC plans integral to its business.
Asset Allocation
Athene Fined $45 Million for Unlicensed Pension Risk Transfers
New York regulator said the firm illegally entered into 14 risk transfer deals.