Reinsurance News
M&G
Dai-ichi Life and M&G announce strategic partnership in asset management and life insurance
30th May 2025
Dai-ichi Life Holdings, Inc., a Japanese life insurance company, and M&G, an international asset manager and asset owner, have announced a long-term strategic partnership involving asset management and life insurance. Under this agreement, M&G will serve as Dai-ichi Life HD’s preferred asset management partner in Europe. The partnership will focus on expanding ... Read the full article
M&G completes ‘first of its kind’ Value Share BPA transaction
25th November 2024
M&G has launched a Value Share Bulk Purchase Annuity (BPA) proposition by completing a £500 million transaction with a private Corporate Sponsor and its UK Pension Scheme, insuring around 3,200 pensioner and deferred members. This newly launched Value Share BPA proposition's structure reportedly allows Trustees to insure the Scheme members in ... Read the full article
Aon launches IP-backed lending fund with $300m commitment from M&G
2nd March 2023
Aon Advantage Funds, an affiliated registered investment adviser of Aon, has launched a vehicle to provide corporations new ways to access capital based on the value of their intellectual property (IP), with a $300m commitment from M&G Investments. The global asset manager will do this through its Catalyst private assets strategy ... Read the full article
American Equity rejects takeover from Prosperity Life & Elliott
22nd December 2022
Life and annuity insurer, American Equity has confirmed that its Board of Directors has reviewed and rejected an unsolicited, non-binding proposal from Prosperity Group Holdings LP, and its principal shareholder, Elliott Investment Management L.P., to acquire American Equity in an all-cash transaction at $45.00 per share. The initial proposal was received ... Read the full article
Moody’s affirms ratings of Aviva, AXA UK, L&G, and M&G
26th October 2022
Moody’s has affirmed the ratings of Aviva, AXA UK, L&G, and M&G, saying that the insurance financial strength ratings (IFSR) of the first three are still ‘stable’, while that of M&G remains ‘negative’. A statement from Moody’s said that the move comes despite a weakening of the UK government’s creditworthiness, indicated ... Read the full article
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