Taiwan Insurers Have $10 Billion to Invest in Foreign Property
Taiwan insurers have the financial capacity to invest at least $10 billion in overseas properties after the island’s government relaxed rules in April on real estate investments abroad, according to an...
View ArticleInvestors Should Support Global Warming Fight, UN Climate Chief Says
Institutional investors managing trillions of dollars should shift their portfolios away from fossil fuel investments toward cleaner energy sources to put a stop to the dangerous rise in global...
View ArticleChina’s Fosun to Invest in European, Japanese Insurers
Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is considering making more bets on insurers outside its home country, Chief Executive Officer Liang Xinjun...
View ArticleInsurers Say Trans-Pacific Pact Important for Industry Growth, Jobs
U.S. property/casualty insurers are welcoming the news that the Trans-Pacific Partnership (TPP) parties have reached an agreement. Although details of the pact are unknown, the U.S. insurers say they...
View ArticleTaiwan Insurers Have $10 Billion to Invest in Foreign Property
Taiwan insurers have the financial capacity to invest at least $10 billion in overseas properties after the island’s government relaxed rules in April on real estate investments abroad, according to an...
View ArticleInvestors Should Support Global Warming Fight, UN Climate Chief Says
Institutional investors managing trillions of dollars should shift their portfolios away from fossil fuel investments toward cleaner energy sources to put a stop to the dangerous rise in global...
View ArticleChina’s Fosun to Invest in European, Japanese Insurers
Fosun International Ltd., the investment arm of China’s biggest closely held conglomerate, is considering making more bets on insurers outside its home country, Chief Executive Officer Liang Xinjun...
View ArticleInsurers Say Trans-Pacific Pact Important for Industry Growth, Jobs
U.S. property/casualty insurers are welcoming the news that the Trans-Pacific Partnership (TPP) parties have reached an agreement. Although details of the pact are unknown, the U.S. insurers say they...
View ArticleInsurers Beat Other Industries on Shareholder Value — But Can It Last?
The insurance sector is beating other industries on delivering shareholder value but insurers may find this more difficult to do going forward unless they adjust their game plan. According to the...
View ArticleEU Insurers Have Raised Their Exposure to Riskier Investments: EU Regulator
Insurance companies, in their search for yield, have increased their exposure to bonds with lower credit ratings and to less liquid securities like non-listed equities and loans, according to a survey...
View ArticleEU Wants Insurers to Plug Investment Gap, but Bank Partners Needed: Regulator
Efforts to get insurers to plug Europe’s investment gap by backing riskier assets could be undermined if banks are unwilling to share crucial credit data with them, a European Union insurance regulator...
View ArticleZurich Insurance Plans to Double Allocation to Impact Investments, Earmarking...
Zurich Insurance Group AG plans to more than double its allocation to impact investments, earmarking $5 billion for a broader range of assets after devoting $2 billion to green bonds in recent years....
View ArticleInsurers Shift Real Estate Investments from Offices to Warehouses
Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees working remotely during the novel coronavirus pandemic, Goldman...
View ArticleChina Regulator Raises Cap on Equity Investments Made by Domestic Insurers to...
China’s banking and insurance regulator said it was raising the cap on how much the country’s insurers can invest in equity assets, an effort trying to bring more long-term funds into the capital...
View ArticleLife Insurance Sector at Risk if Bond Yields Rise Sharply: IMF
The life insurance industry is at risk if there is a sharp rise in bond yields, with an extreme situation potentially causing insurers to liquidate investments reaching $1 trillion in the United States...
View ArticleEU Plans Tough ‘Value for Money’ Rules for Investment Products: Draft Proposals
Banks, insurers and asset managers in the European Union would only be allowed to sell funds and other products across the bloc if they could prove to regulators they offer value for money, draft...
View ArticleUS Insurers Invested in Fossil Fuels as Climate Risks to Underwriting Mount
U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to the underwriting side of their...
View ArticleNon-Life Insurers’ Profits to See Boost From Higher Rates
Non-life insurers are set to significantly improve their profitability in the next few years as investment returns from higher rates cushion a hit from a rise in claims, a report by Swiss Re Institute...
View ArticleAllstate, Allianz X Invest $265M in NEXT Insurance and Partner to Expand Reach
NEXT Insurance said Allstate and Allianz X have invested $265 million in the digital small business insurer. NEXT and Allstate will partner on bringing new commercial products to what they call an...
View ArticleAlabama Supreme Court Orders Lindberg and Company to Pay $11M Note to Med Firm
The legal and financial troubles for former insurance executive and international businessman Greg Lindberg, now awaiting a second trial on charges that he tried to bribe a state insurance...
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