Investment Officers
For Insurers, Hedge Funds Prove to Be a Stable Investment Vehicle: A.M. Best
Hedge funds are proving to be steady investment vehicles for some insurers, particularly after financial market instabilities during the coronavirus pandemic, A.M. Best said in a new report. In fact, ...
Climate Change Spurs Britain’s Biggest Investor to Drop AIG, Others From Some Funds
Legal & General Investment Management, Britain's biggest asset manager, said on Tuesday it would drop four companies from a number of its funds over their "insufficient" response to the challenge ...
Swedish Activist Investor Buys Big Stake in UK Insurer Aviva
Swedish activist investor Cevian Capital AB has bought almost 5% of Aviva Plc, placing it among the insurer's top three holders. Christer Gardell, managing partner at Cevian, said the Stockholm-based ...
Allianz, UBS, Generali, DWS Submit Bids for NN Group’s Asset Manager
DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids for the asset management arm of NN Group NV, people familiar with the matter said. The unit, known as NN ...
Insurers Get Low Grades on Climate Change, Biodiversity Loss Action
Most of the world's largest insurers are failing to adequately address systemic risks such as climate change and biodiversity loss, but a group of five U.S. insurers are some of those that rank the ...
InsurTech Startup Omnidya Sees Benefits in Crowdfunding Versus Straight VC
Most InsurTech startups seek out venture capital to help fuel their initial development goals. Omnidya is turning to a crowdfunding campaign to raise money. Omnidya's Founder and CEO Kumar Patel is ...
Aviva Will Shut Down Three UK Property Funds Hammered by Pandemic Market Uncertainty
Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year due to market uncertainty as the pandemic hit Britain's economy. "During this period of ...
Insurance, Tech Stocks Outpace InsurTechs in 2021: New HSCM Index
Stock prices of 18 U.S. InsurTechs that went public in the last decade soared as a group in 2020. But so far in 2021, large non-insurance technology companies and traditional insurance stocks both ...