03/15/2018
It said this was largely due to €416 million in natural catastrophe claims that mainly came from the US hurricanes and the storms that swept Central Europe as well as by the lower contribution of investment returns in a low interest rate environment.
03/15/2018
Och-Ziff is also weighing returning capital to investors in other smaller funds.
03/15/2018
Old Mutual Wealth has set aside £69m to cover the cost of capping early encashment charges at 5pc for under-55s and refunding all exit penalties of over 5pc levied on policies since 1 January 2009.
03/15/2018
The combined ratio for 2017 deteriorated to 114.1 percent in 2017 from 95.7 percent in the previous year.
03/15/2018
A source with direct knowledge of Winton’s Irish move said it was part of the company’s Brexit planning. A spokesman for Winton declined to comment when contacted by Reuters.
03/15/2018
“With this new functionality, customers can keep up-to-date with their investments and be empowered to actively manage where their money is being invested to ensure their investments are on track.”
03/14/2018
On an annual basis, the amount of money spent on property across the world increased by almost 13.3pc, with Asian investors in particular increasing their exposure to most markets.
03/14/2018
The initial public offering will provide us with access to the capital markets, as we look to deliver future growth, both organically and through our targeted acquisition strategy in a sector which we view as ripe for consolidation.
03/14/2018
This will enable it to play a greater role in developing the savings and retirement markets in the UK and Europe through two of the financial sector’s most trusted brands, while Prudential plc will be able to focus on the attractive returns and grow
03/14/2018
Crestbridge also has complementary offices in Jersey, Luxembourg, the Cayman Islands and Bahrain.
03/14/2018
At a group level, Prudential reported group IFRS operating profit was up 6% to £4.7 billion
03/14/2018
JTC first established a presence in the US in 2013 with a representative office in Miami, from which it continues to provide corporate, fund and bespoke private client services to its clients.
03/13/2018
In January, DZI Life Insurance received approval from the Financial Supervision Commission to acquire full ownership of UBB-MetLife Life Insurance Company.
03/13/2018
Elsewhere in Europe, net asset growth greater than 20 per cent was recorded in Belgium, Bulgaria Cyprus, Czechia, Hungary, Malta, Poland and Portugal.
03/13/2018
Al Tamimi & Co. and Dechert LLP are the legal advisers.
03/13/2018
Norway's sovereign wealth fund increased its London property portfolio by £200 million last year.
03/13/2018
Elliott, Apollo said to be among firms working on market fixes
03/12/2018
The property consists of a warehousing facility spanning over 100 thousand square meters, built to high quality specifications, to cater to the tenant’s requirements.
03/12/2018
The Belgium real estate fund will pool assets from Mar. 14 to 21 and start trading on Mar. 22.
03/11/2018
There can be trouble at the top when companies install co-chief executives