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August 2013

Strategy Can Fed check the TNote’s downturn?

The rise in the yield of the 10-year TNote has been impressive since the start of May, up from 1.60% to 2.90%, its highest level since July 2011 (TNote contract has shed around 6%). The steepening of the US sovereign yield curve has been just as impressive, as the 10-2Y (...)

August 2013

News DNB maintains ECB AAA curve for Dutch insurers

Today De Nederlandse Bank (DNB) announced that it maintains its existing alternative interest rate term structure for calculation of the regulatory Solvency 1 available capital of Dutch insurance companies.

August 2013

News ING to sell ING Life Korea to MBK Partners

ING announced today that it has reached an agreement to sell ING Life Korea, its wholly owned life insurance business in South Korea, to MBK Partners for a total purchase price of approximately KRW 1.84 trillion (EUR 1.24 billion at current exchange (...)

August 2013

People Moves CalPERS Announces Selection of Enterprise Strategy and Performance Division Chief

The California Public Employees’ Retirement System (CalPERS) has named Sabrina Stroud as the Division Chief for the organization’s Enterprise Strategy and Performance Division. She will begin her new role at CalPERS on August 19, (...)

August 2013

News Fitch Affirms Russia at ’BBB’; Outlook Stable

Fitch Ratings has affirmed Russia’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ’BBB’ with a Stable Outlook. The Short-term rating has been affirmed at ’F3’ and the Country Ceiling at ’BBB+’.

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