insurer investments News
France’s Axa Sells Majority Stake in Private Equity Unit
Axa SA, France's biggest insurer, sold a majority stake in its private equity unit to its management, led by founder Dominique Senequier. The transaction values Axa Private Equity, which oversees ...
Lloyd’s Profit Dips Due to Investment Slump
The Lloyd's of London insurance market posted a decline in headline first-half profit after falling bond prices hit investment returns, offsetting robust trading by its members. In a trading ...
Insurers Shift Bets With Uncertainty Over Fed Tapering: BlackRock
BlackRock Inc., the world's largest asset manager, said uncertainty about when the Federal Reserve will begin to slow its monthly bond purchases undermined insurers' confidence about investing in ...
U.S. 2-Year Note Sale Lures Insurance Companies
The Treasury sold two-year notes at a lower-than-forecast yield as direct bidders, a group that includes pension funds and insurance companies, bought their biggest share of the auction since April. ...