Singapore's Keppel Insurance has appointed Deutsche Asset Management DeAM as sole investment manager for all of its insurance assets, including both assets accrued from its various insurance policies as well as nearly S$400 million in investment-linked policies.
We do have other insurance companies feeding insurance-linked assets into our products, but this is a full book of business, says Choy Peng-wah, Asia CEO at DeAM. There's a commitment at both firms to work together on new product launches. Keppel Insurance knows our track record and our global capabilities to introduce innovative products. This is a whole platform, not just the introduction of one product at a time.
Choy and Keppel officials declined to...
