Insurers
Managers claim 5% more of outsourced insurance assets
Outsourced insurance assets managed by unaffiliated U.S.-based investment management firms rose to $1.78 trillion as of June 30, 2011, up more than 5% from the end of 2010, according to a survey...
February 22, 2012 | 04:06 pm
U.K. pension execs using more longevity swaps
More U.K. pension fund executives are hedging against the possibility that their members will live longer, with fund officials in other countries expected to follow suit.
January 19, 2012 | 12:01 am
Celent chooses new CEO from within its ranks
Craig Weber was named CEO at advisory services and research firm Celent.
January 12, 2012 | 03:16 pm
Conning adds managing director to oversee investment products
Michael Haylon was named managing director, head of investment products, at Conning.
January 03, 2012 | 03:46 pm
Nippon Life to increase private equity, hold steady on hedge funds
Nippon Life Insurance Co., Japan’s biggest life insurer with about 50 trillion yen ($640 billion) of assets, plans to invest more in private equity and maintain its hedge fund allocations.
December 12, 2011 | 03:13 pm
Conning president and COO moves on to CEO
Woody E. Bradford, the president and COO of Conning, was named CEO of the asset management company, effective Jan. 2.
December 06, 2011 | 03:58 pm
Deutsche Insurance Asset Management adds managing director
Xiaoyu Liu was named managing director and portfolio manager of insurance-managed equities at Deutsche Insurance Asset Management.
November 16, 2011 | 03:16 pm
Swedish manager taps SSgA as subadviser
Lansforsakringar Fondforvaltning hired SSgA to subadvise €111 million ($153 million) in global equity.
November 08, 2011 | 12:34 pm
Standard Life sues insurers over pension fund’s losses
Standard Life sued insurers including ACE European Group for £100 million ($157 million) claiming its policy should have covered a loss on asset-backed securities triggered by the collapse of Lehman Brothers Holdings.
October 12, 2011 | 12:32 pm
Institutional assets up 10% globally, U.K. group says
Worldwide institutional assets under management rose 10% in 2010 to a record $79.27 trillion, according to estimates by TheCityUK, a U.K. financial services trade organization.
October 06, 2011 | 12:47 pm
Towers Watson adds insurance adviser WellsCanning
Towers Watson acquired WellsCanning, an investment advisory firm focused on the insurance industry.
October 04, 2011 | 02:07 pm
P-Solve buys insurance consultant Meridian
P-Solve acquired specialist insurance consultant Meridian Consultancy, creating a new London-based company called P-Solve Meridian.
September 28, 2011 | 01:16 pm
Conning appoints its 1st European CIO
Russell Busst was named European chief investment officer of insurance industry asset management firm Conning.