Singapore's fourth-largest insurer, Income Insurance, has deployed millions of dollars in private credit recently. There are plans to commit more even as the company faces acquisition by German giant Allianz.
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Tag : allianz
Investment industry executives say the furore over the German insurer's agreement to buy 51% of Income Insurance may actually accelerate the transaction.
The German insurer's move to buy a 51% stake raises questions for Singapore's Fullerton Fund Management, given the latter manages a large chunk of Income Insurance's assets.
CDPQ names India chair; Khazanah fills CIO vacancy; Sarawak's new SWF appoints CEO; HQ Capital opens Singapore office; Allianz GI gets Japan head; GSAM names Korea institutional clients chief; and more.
HKEX to open London office; Partners Group lays off staff from Asia PE team; Australian Retirement Trust executive team overhaul; Ex-Allianz Real Estate APAC chief in new role; United Overseas Insurance names new CEO; and more.
The head of ESG at Allianz Real Estate said that making brown buildings green adds only 5% to 10% to renovation costs. Yet some investors are reluctant to make the changes.
Stakeholders across the global industry are failing in their responsibilities, says property investor Allianz Real Estate’s chief sustainability officer.
Most Asian investors still have a poor grasp of the ESG credentials of the supply chain connected to a property or infrastructure investment.
Inflation and economic uncertainty are leading to dwindling opportunities for investors, top executives from both institutions told AsianInvestor.
Dry warehouses could generate all the energy they need from solar panels on roofs.
Some of the big investors encouraging agreements where building owners and tenants can help cut emissions. Still, these deals can be hard to put in place.
In 2018, the German group got the green light to set up the first wholly foreign-owned insurance firm in China. The trailblazing process has since moved the needle for foreign insurers seeking to set up shop on the mainland market.
