Tag Archives: northwestern-mutual-life
MetLife: Death by hedge funds
BloggingStocks – MetLife, Inc., which is the largest life insurer in the U.S., got its start 140 years ago. But the recent couple weeks may have been the toughest as the stock price has plunged. It seems MetLife’s woes have […]
Nippon Life Insurance to Boost Hedge Fund Investments
Bloomberg – Nippon Life Insurance Co., Japan’s biggest life insurer, said it will boost hedge fund investments and may target distressed assets to take advantage of volatility caused by the collapse of the U.S. subprime mortgage market. Nippon Life, with […]
Nippon Life Targets Hedge Funds, Considers Distressed Assets – Bloomberg
Bloomberg.com: Asia – Nippon Life Insurance Co., Japan’s biggest life insurer, said it will boost hedge fund investments and may target distressed assets to take advantage of volatility caused by the collapse of the U.S. subprime mortgage market. Nippon Life, […]
Dai-ichi Mutual Aims to Lift Hedge Fund Investments
Bloomberg – Dai-ichi Mutual Life Insurance Co., with more than 30 trillion yen ($274 billion) in assets, will invest more money with hedge funds to safeguard returns as financial markets falter. Tokyo-based Dai-ichi Mutual, Japan’s second-largest life insurer, currently invests […]
Attack of the acronyms
WA Today- Australia’s biggest life insurer and funds manager, AMP, was ducking for cover today. What are AMP’s holdings of CDOs, CLOs ABSs and CDSs? Not much of an answer to that one. "We are holding a number of these […]
Tokio Marine to buy Philadelphia Cons
Reuters Tokyo- Tokio Marine Holdings Inc plans to buy non-life insurer Philadelphia Consolidated Holding Corp for about $4.7 billion (2.4 billion pounds), in the largest acquisition by a Japanese financial firm in the United States. Tokio Marine, Japan’s largest non-life […]
