MassMutual, a major US-based mutual life insurance company, has announced a $260bn (£183bn) merger of four asset management affiliates which will be combined under the Barings brand.

It is not every day that the Bank of International Settlements warns that confidence in central bank omnipotence has begun to falter, but when it does it is worth a read.

This week, life and pensions results were buoyant. Firstly, Prudential revealed impressive results under new chief Mike Wells, with the only blot a rise in retail net outflows from its M&G investment arm.

Welcome to the new look website for the Insurance Investment Exchange. The improved site provides more in depth coverage beyond our regular events, adding incisive commentary and carefully curated news as well as thought leadership of relevance to the insurance community.

Leading insurers, industry experts and investment managers from across the insurance industry found themselves grappling with the consequences of volatility in a low interest rate world at the Insurance Investment Exchange’s latest seminar in London on 3 March.

This week, the ABI has replaced its Solvency II Committee with a new Prudential Regulation Committee, headed by David Innes, RSA Group Capital and Financial Risk director.