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Opinion Equities in 2013: boring would be best
Past results do not guarantee future performance. However, they certainly set the tone for predictions of it. A year ago, the outlook statements for this year’s equity performance were rather cautious, with forecasters extrapolating the poor trend of 2011. However, 2012 (...)
News Swiss Re Capital Markets successfully transfers USD 270 million of North American earthquake risk on behalf of Zurich Insurance Group
Swiss Re Capital Markets has successfully structured and placed USD 270 million of notes issued by Lakeside Re III Ltd., covering North American earthquake risk on behalf of Zurich Insurance Group ("Zurich").
Opinion New Egypt FX Regime Positive Step in Tough Circumstances
Egypt’s new exchange rate regime has brought greater transparency and a depreciation of the pound but also highlights a serious shortage of foreign exchange, Fitch Ratings says. For the system to work, confidence needs to be restored quickly, starting with agreement on an IMF (...)
Opinion Fitch: Eurozone Overshadows 2013 Emerging Europe Growth Outlook
In its newly-published Emerging Europe (EE) 2013 Outlook and Sovereign Review, Fitch Ratings says that positive rating actions in Emerging Europe sovereigns outweighed negative actions in 2012.
News ING to sell Malaysian investment management business to Kenanga
ING announced that it has reached an agreement to sell its 70%-stake in ING Funds Berhad (IFB), ING’s investment management business in Malaysia, to Kenanga Investors Berhad (Kenanga Investors), a wholly owned subsidiary of K & N Kenanga Holdings Berhad (...)
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