
Tag: insurance

Asset Management Culture
Pension risk transfer market likely to slow because of downturn.

Pensions
MetLife Secures $1.9 Billion Pension Deal with Lockheed Martin
The aerospace giant will transfer liabilities to the insurer, roughly 20,000 retirees and current workers.

Asset Allocation
Danish Pension, Insurance Assets Grow to $712 Billion
Asset value of sector is more than twice the country’s GDP.
Exclusive: MetLife’s Ellermeyer Shifts to Apollo Insurance Operation
Investment pro to help manage insurance assets at Leon Black’s shop, which got its start with a defunct insurer’s junk bonds.
Aon Abandons Heavyweight Merger with Willis Towers Watson
After a whirlwind day of news, Aon confirms it will not pursue the buyout after all.
ETFs Are in Higher Demand from Insurers
Buyers of the funds triple in number, although these securities are still a small part of carriers’ portfolios, study says.

Market Moves
Seth Klarman Outfoxes Wildfires with Canny Insurance Bet on Utility
Billionaire hedge fund operator offsets equity stake in woebegone PG&E with purchase of liability claims against it.
Making a Case for Enterprise-Driven Investing for Insurance
EDI works by adopting many of the same principles institutional investors use for outcomes-based portfolios and adapting them for insurance.

Research
Insurance Companies Continue to Decrease Hedge Fund Exposures
A.M. Best: Insurance industry's investment allocations to hedge funds declined approximately 28% in 2016.