Scenario analysis finds that delaying policy action raises the economic and financial sector impacts
The goal is to simplify the firm's offering to its customers and advisors
The insurer unlocked $2 billion in capital by offloading the bulk of its U.S. variable annuity book
The firm also announced a plan to buy back up to 39 million shares
Global wealth and asset management net inflows reached $8.6 billion
A report says insurers have yet to take a broad approach to climate risk in their portfolios
The company's earnings benefited from higher new business in Asia and the U.S. and core investment gains
Alex Catterick is taking on a newly created role, overseeing high-net-worth strategy in private markets
Core earnings dip slightly despite profit increase, however
Digital investments pushed insurer to a positive quarter