Conning & Company
Conning is a global third-party insurance asset manager – with offices in Hartford CT, New York City, London, Cologne, Hong Kong and Dublin. The company provides asset management, advisory and research products and services for the insurance and financial service industries.
Conning & Company was founded in Hartford, Connecticut in 1912. In 2009, Conning & Company was spun off from Swiss Re.
On June 28, 2011, Cathay Financial Holding Co., Ltd. (TWSE: 2882), and Conning, announced formation of a strategic partnership and joint venture that will provide institutional asset management services in the Asia Pacific region. Under the joint venture agreement, a new asset management company was formed with headquarters in Hong Kong. Cathay Financial Holdings and Conning each own 50% of the equity in the company.
On November 12, 2014, Cathay Financial Holding Co. agreed to buy Conning Holdings Corp., adding almost $92 billion in assets under management. Cathay’s life insurance unit will pay as much as $240 million to shareholders, led by funds managed by Aquiline Capital Partners LLC, the companies said in a statement. The deal is expected to be completed in the second half of 2015 according to the statement.
Products and Services
Asset management, Risk and Capital Management Services, Insurance Research, and software including GEMS, ADVISE and FIRM.