All articles by LII editorial
LII editorial
US bank fixed annuity sales post strong gains in Q1
Sales of fixed annuities by US banks in the first quarter of 2011 surged 16% compared with the first quarter of 2010 to $4.93bn, according to data from fixed annuity research firm Beacon Research
Pension funds look to diversification
Pension funds are on the hunt for risk diversification and in the process are driving significant growth for alternative asset managers
Radical rethink on retirement needed
The probability of people in the UK living to 100 is increasing sharply While this is good news in itself it is bringing into sharp focus the financial challenge this poses to individuals and the state Pension expert Ros Altman argues that the solution lies in a radical change to the traditional view of retirement.
Call for Solvency II deadline delay
Widespread calls from within the European insurance industry to delay the implementation of the Solvency II regulatory regime scheduled for 1 January 2013 are starting to receive solid political backing
US industry on the brink of a surge in M&As
If the strategic thinking of the majority of US insurance executives is transformed into action, a surge in merger and acquisition (M&A) activity in the industry lies just around the corner
Aegon UK rebrands asset management unit
A lot believes the UK unit of Dutch insurer Aegon which on 1 September will change the name of its asset management unit Aegon Asset Management to Kames Capital
Living benefits the rage in the US
Living benefits, which emerged in the US as little more than benefit accelerators that enabled policyholders to tap into the assets accumulated in a life product, have grown in recent years to tap into cash values in tax-efficient ways, even for guaranteed income for life.
Solvency II looming too fast for most insurers
Solvency IIs 1 January 2013 deadline should be extended by a year, believe 60% of delegates from European insurers who recently attended a conference organised by reinsurance broking company Aon Benfield
Axa Private Equity bags Citigroup portfolio
Clinching its second major deal with a US bank in just over a year, Axa Private Equity has acquired a $1.7bn portfolio from Citigroup comprising 207 limited partnership interests in private equity buyout funds and direct stakes in an undisclosed number of companies
Axa, Norges Bank team up in Paris
The JV will be executed on behalf of Axa France Insurance Companies by the French insurers property unit Axa Real Estate Investment Managers and the Norwegian banks Norges Bank Investment Management unit which manages the Norwegian Government Pension Fund Global.