Reinsurance News

Your search for “asset management”

Co-founder of Phoenix Asset Management deals more body blows to R&Q’s William Spiegel

26th August 2022

Another investor in R&Q has come out swinging at embattled executive chair and director William Spiegel. An open letter published on Phoenix Asset Management’s website by Gary Channon, cofounder and CIO at the firm, has dealt further blows to Spiegel’s tenure, which is due to be voted upon in a special ... Read the full article

Kuvare launches third-party asset management business

10th February 2022

Kuvare Insurance Services (KIS) has launched its third-party asset management business, as part of the company’s expansion across private asset-backed and structured credit, private corporates, and commercial mortgage debt to non-affiliated insurance clients. Over the past two years KIS has built its team of insurance industry professionals and asset class specialists ... Read the full article

Landmark deal with China sees launch of Allianz Insurance Asset Management

30th July 2021

Allianz Insurance Asset Management, part of the global insurer's business in China, is set to become the first wholly foreign-owned company of its kind to secure approval from the county's Banking and Insurance Regulatory Commission. Headquartered in Beijing with registered capital of RMB 100 million, Allianz China IAMC will commence its ... Read the full article

Acrisure forms asset management division, appoints Patrick Rogers to lead

30th March 2021

Insurance broker Acrisure has announced the launch of a new asset management division to be led by asset and wealth management veteran Patrick Rogers. Rogers will serve as president of the decision and brings with him a 35-year career having led both Gateway Investment Advisers and Quadrant Capital Group. He is now ... Read the full article

Brookfield Asset Management to launch reinsurance entity

13th November 2020

Alternative asset management company Brookfield Asset Management has announced the launch of a new reinsurance entity that will enable it to grow its reinsurance business "in the most efficient fashion.” Brookfield Asset Management Reinsurance Partners (BAM Reinsurance) will operate as a ‘paired’ entity to Brookfield, meaning shareholders will have flexibility in ... Read the full article

American Equity enters strategic partnership with Brookfield Asset Management

22nd October 2020

American Equity Investment Life Holding Company has announced that it has entered into a strategic partnership with Brookfield Asset Management. The partnership will include the reinsurance of $5 billion of existing liabilities and up to an incremental $5 billion of new sales of American Equity’s IncomeShield or similar fixed index annuity ... Read the full article

Aviva’s asset management arm appointed to the ICMIF

17th December 2019

The International Cooperative and Mutual Insurance Federation (ICMIF) has approved Aviva Investors, the global asset management arm of Aviva plc, as a member of the representative body. Specifically, Aviva Investors will become a 'Supporting Member', which sees it join a list of five other companies from around the world. As a ... Read the full article

WTW adds asset management experts to FINEX Financial Institutions practice

29th April 2019

Willis Towers Watson (WTW), the global insurance and reinsurance broker, has appointed a number of asset management experts to its FINEX Financial Institutions practice as part of its strategy to build out the business globally. Henry Keville, among others, will provide bespoke management liability product solutions and programmes for the asset ... Read the full article

Francesco Martorana appointed CEO of Generali’s asset management arm

23rd April 2019

Generali Insurance Asset Management S.p.A. Società di gestione del risparmio (GIAM), a division of the Italian insurance giant, has appointed Francesco Martorana as Chief Executive Officer. Martorana replaces Santo Borsellino, who becomes Chairman of the Board of GIAM as well as Head of Generali’s asset and wealth management business unit Martorana also ... Read the full article

Generali acquires Polish asset management firm Union Investment

24th October 2018

Italian insurance giant Generali has acquired a 100% stake in Polish asset management company Union Investment TFI as it looks to to strengthen its presence in central and eastern Europe. With €3.3 billion of assets under management, Union Investment is the country’s sixth largest asset management company. It has approximately 135,000 ... Read the full article

Munich Re CEO points to partnerships, not sale, for asset management

25th June 2018

Munich Re's CEO Joachim Wenning told employees that it would "make no sense" for the firm to pull out of investment activities, but that a partnership with an asset manager could be positive, according to a report. Last week it was widely reported, including by us, that Munich Re was ... Read the full article

Blackstone targets re/insurance asset management with new unit and hire

20th March 2018

U.S investment giant Blackstone has announced that Michael McRaith, former Director of the U.S Department of the Treasury’s Federal Insurance Office (FIO), has been appointed Managing Director for the newly formed Blackstone Insurance Solutions (BIS). BIS was recently established to allow Blackstone to deliver its investment management expertise and innovative products ... Read the full article

Bart Hedges named to Trisura board after spinoff from Brookfield Asset Management

23rd June 2017

Trisura Group, an international specialty provider of surety, risk solutions, corporate insurance and reinsurance products, has named ex-Greenlight Capital Re CEO Bart Hedges to its board, just a day after its spinoff from investor Brookfield Asset Management Inc. Yesterday Trisura revealed that it had completed the spinoff from Brookfield and its ... Read the full article

Re/insurers optimistic about investment and asset management opportunity: Goldman Sachs

5th May 2017

Goldman Sachs' latest insurer asset management survey reveals a dramatic change in the usual credit cycle for inflation, rates and equity returns, with only one-third of insurers now believing they're in the late stages of the credit cycle, compared with last year's three quarters of correspondants. This represents a reversal in ... Read the full article

APAC life insurers to remain disciplined in asset and liability management despite rising rates: Moody’s

22nd September 2022

A recent Moody's Investors Service's survey to rated insurers in four markets in Asia-Pacific (APAC), shows that insurers will remain disciplined in asset and liability management as rates continue to rise. In a recent report published by Moody’s, the company noted that this will alleviate insurers' negative spread risk and their ... Read the full article