More institutional investors in Japan are dialing up the pressure on their portfolio companies to go greener, after the nation's largest life insurer went as far as threatening to off-load investments that are not tackling emissions adequately.
Nationwide is upping its venture capital game, expanding the $100 million program it launched in 2017 by taking it to $350 million. The fund's focus continues to be on startups in insurance and finance that build on the company's strategy and help customers.
U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage.
Jill Frankle is vice president of strategic ventures at Hartford Investment Management Co. (HIMCO). In this interview, Frankle tells us about the latest developments in the insurtech space, and explained how HIMCO's venture portfolio complements its long-term investment strategy during a period of industry-wide disruption in the insurance sector.
How MassMutual Plays the Long-Term Investing Game | Phillip Titolo, Head of Direct Private Investments | Q&A
Phillip Titolo is the head of direct private investments at MassMutual. In late September, Titolo spoke with Trusted Insight about MassMutual's long view on investing, the crucial role of asset-liability management for insurance investors, and how his legal training prepared him for a career in financial and investment analysis.
The modern insurance business is hundreds of years old and developed into an integral part of the global financial system. Insurance companies are traditionally considered among the most conservative institutional investors because their investments support long-term liabilities: policies for life insurers are literally measured in lifetimes. This, however, hasn't stopped insurance companies from evolving to meet the demands of the contemporary market.
Mutual Of Omaha Is Spearheading Innovation And Diversity Efforts | Juan Prieto, Head of Alternative Investments | Q&A
Juan Prieto is the head of alternative investments at Mutual of Omaha, where he is responsible for leading and managing the portfolio construction, outsourcing, and monitoring of alternative investment mandates. In this interview, he discussed the qualities and attributes he looks at during manager selection; how Mutual of Omaha is investing in disruptors of the insurance ecosystem; and why return on inclusion (ROI) should be a priority for investors alike.
Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on insurance claims against PG&E Corp. connected to a series of deadly California wildfires.
China lifted limits on industries in which the country's insurers can make equity investments and laid plans to allow insurance funds to tap private equity and venture capital investments in pilot programs.
Join the panel with innovators and incumbents to gain a global outlook on the impact that COVID-19 had on digital insurance. They will help answer 1) What are some product innovations in the space, 2) How are traditional insurance companies collaborating with startups, and 3) What are the main success factors?