Spanish insurer Mapfre has partnered with the real estate company GLL to invest up to €300m in prime office space in the eurozone’s key markets within two or three years. The investment focus will be in the main cities of Germany and France, as well as in other cities like Amsterdam, Brussels, Milan and Luxembourg. […]
Spanish insurance company Caser has launched Caser AhorroBot, the first robo advisor commercialised by a Spanish insurer passively managed and adapted to every investor risk profile. Caser AhorroBot, a digital savings plan aimed at broadening Caser’s wide offering of savings products, is managed entirely online and is designed for those savers seeking to invest in […]
Spanish insurance company Catalana Occidente has launched GCO Gestora de Pensiones, a pension manager that brings together the range of pension schemes previously managed independently by three managers belonging to the insurer group. Seguros Catalana Occidente, Seguros Bilbao and Plus Ultra Seguros were managing the 12 pension funds managed by the Spanish insurer that now […]
Spanish insurer Alliance Seguros has launched Allianz Negocios Plus, an insurance solution aimed at covering the needs of SMEs and businesses. Allianz Negocios Plus offers three product modalities (basic, optimal and extra), corresponding to the different degrees of protection that policyholders want to hire, and bringing all them new digital solutions including computer assistance, data […]
The Spanish subsidiary of the American multinational insurance corporation AIG has promoted Rafael García from senior subscriber to credit profit centre manager, to be responsible for the unit’s business development. García (pictured), based in Madrid, will be working to achieve the expansion’s objectives set by the business, while co-managing (alongside the business development team) certain […]
Societe Generale Securities Services added three members to its UK team based in London. Moving from SS&C Globe Op, Sarjbit Panesar has been appointed global head of Business Development for the insurance sector. He will responsible for developing business solutions aimed at a clientele of insurance companies and asset managers managing insurance assets. Stephen Donnet […]
Lombard Odier Investment Managers has announced the appointment of Mats Langensjö to grow its advisory offering to clients in the insurance and pensions industry, with a focus on the Nordic region, effective 1 December 2014. Langensjö will be based in London and report to Hubert Keller, CEO of LOIM and a managing partner of Lombard […]
Insurance companies are well placed to fill a $500bn annual gap between infrastructure investment needs and the lending available from traditional sources such as banks, according to research published by S&P RatingsDirect.
Senior industry figures are expecting more institutional investors to allocate to the ILS asset class following recent broker predictions that the catastrophe reinsurance capacity is expected to double and reach $100 billion in the next few years, the latest Clear Path Analysis research has showed.
The insurance provider Apsley Speciality (Apsley) has joined forces with global reinsurer PartnerRe in order to launch a specialist underwriting service for the hedge fund sector dealing with AIFM requirements. The agreement between the two parties was signed in late 2013, PartnerRe will be capacity provider for the project.
Italy’s Pramerica Life has launched Infinitive Convertible Term, a policy that liquidates assets in case of the subscriber’s death or impeding disability.
Italy’s Unipol has received a number of offers for the assets it will be forced to sell in order to complete a three way merger with Fondiaria-SAI, expected to be completed by July 2013 and which will create Italy’s second insurer.