Tag Archives: Apollo

The vultures circle on what’s left of UK life insurers.

This does not fill me with surprise or excitement. It  shows abandonment of pensions to complete the job of feeding  the maws of American “vulture” financiers. The story is laid out by Alexandra Heal and Emma Dunkley and it should … Continue reading

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Is the money to pay our pensions keeping Apollo’s private credit fund going?

What is happening in America is frightening to everyone. The American wealthy investor are turning their back on private credit and wanting their money back. Apollo are the biggest and a big buyer of UK insurance companies. They are also … Continue reading

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Apollo is on the ropes; its “PIC” pays a lot of our pensions, should we be worried?

I am off for a day discussing the “end game” at the City.  I am given a promise about  “Shaping the Path to Stronger Outcomes”, where we’ll explore the decisions shaping how schemes are executing the endgame. I’ll take part … Continue reading

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Zurich’s Greco isn’t pleased with Apollo and others buying up pensions

I worked for Zurich one way or another much of my life; I know them to be a decent European general insurer who know quite a lot about investing in UK life and pension businesses. Allied Dunbar , Eagle Star, … Continue reading

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Doubt cast over ownership credentials of US insurer buying-out UK pensions

Apollo Exposed: Athene Stories reinforce concern either side of the Atlantic about private equity taking over insurers on a dubious basis. We know the outcome in terms of UK Pensions;  PIC and Just have recently been bought into by US … Continue reading

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