

US insurers’ exposure to municipal bonds decreased by about 7% to $434.3bn from $467.5bn at year-end 2023, figures published by the National Association of Insurance Commissioners (NAIC) have revealed
The introduction of higher minimum equity thresholds for Indonesian insurers and reinsurers is expected to accelerate consolidation, Fitch Ratings has argued, as weaker insurers potentially seek additional capital to meet the tougher requirements or become acquisition targets
Allianz UK has appointed BNP Paribas’ securities services business to provide a wide range of asset services in the UK, including global custody, agency securities lending, auto foreign exchange, continuous linked settlement and cash services
Canada Life UK has appointed Dominic Carpenter as commercial & strategy director, bulk purchase annuities (BPA)
US life insurers’ Schedule BA investments have hit a new high amid a greater focus on alternative assets, according to S&P Global Market Intelligence
Athene has announced that it intends to enter a block reinsurance transaction with Sony Life, a top-rated Japanese insurer
Insurance Europe and the European Insurance CFO Forum have welcomed the simplification achieved so far on the revised Exposure Drafts of the European Sustainability Reporting Standards (ESRS) but warned that the standards remain too complex and burdensome