Pension funds across the European Union would lose billions of euros from their investments in polluting industries without action to mitigate the impact of climate change, the bloc’s first stress test of its kind showed on Tuesday. The European Insurance …
Most London-listed companies that transferred pension obligations to insurance companies saw their share prices rise by up to 3% more than sector peers in the six months after completing the deals, a report showed on Wednesday. Two-thirds of the more …
The Grim Reaper has some happy news, but if pension funds turn this into a party they’re dicing with death. Continuous Mortality Investigation Ltd., which produces longevity projections using data on lives that are insured or in pension plans, said …
Record low gilt yields following Britain’s vote to leave the European Union are deepening UK pension deficits, worsening a headache for domestic companies which may be called upon to help fill the gap. Several years of ultra-low British interest rates …
Pension Insurance Corp. agreed to insure 900 million pounds ($1.3 billion) of Aon Plc’s Retirement Plan in the U.K. as the world’s second-largest insurance broker seeks to reduce risk. The agreement with Aon covers the majority of the pension fund’s …
European insurers’ assets under management jumped 9.4 percent to €9.9 trillion ($11.15 trillion) in 2014 from a year earlier, trade body Insurance Europe said on Tuesday, mainly driven by increased investment by life insurers. European gross written premiums rose by …
