GPF shifts investment strategy to focus on risk management; Belgian insurer Ageas picks up 10% in Taiping Insurance's pension business; NPS plans tech push with new US office in July; and more.
Brussels-headquartered Ageas, Belgium's biggest insurer, has announced that it had reached an agreement with China Taiping Insurance Holdings (CTIH) to subscribe to the capital increase of the latter's wholly-controlled subsidiary Taiping Pension Co (TPP) for a total consideration of CNY1,075m