News & Commentary

Just Retirement merges with rival in £1.4bn deal

British annuity providers Just Retirement and Partnership Assurance have completed a £1.4bn ($2bn, €1.8bn) merger which saw it relaunch on the London Stock Exchange Monday as JRP Group.

MetLife wins 'too big to fail' US court bid

US-based life insurance company MetLife saw its share price rise 5% after a judge ruled that the government’s decision to label it a systemically important financial institution (SIFI) be withdrawn.

Yellen reminds markets the Fed is in charge

Janet Yellen’s Economic Club of New York speech provided a timely reminder that nobody can move markets like central bankers.

Global Insurance Trends 29.03.2016

This week, Lloyd's reported pre-tax profit down 30% for 2015 at £2.1bn, with investment income significantly lower and pricing tighter.This week, Lloyd's reported pre-tax profit down 30% for 2015 at £2.1bn, with investment income significantly lower and pricing tighter.

When insurers, policymakers and the real economy collide

As 2016 gets underway, the Bank of England is taking its microscope to the connections between insurers’ asset allocation decisions, Solvency II, movements in asset prices and the wider economy.

Phoenix swoops in on Abbey Life

Closed book pension provider Phoenix Group is reportedly making a move on Deutsche Bank’s UK insurance unit, Abbey Life.

 

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