Investment Officers
Domestic Politics, Not Inflation, Worry Insurance Co. Investment Pros
Investment decision-makers surveyed after U.S. elections in November last year ranked the domestic political environment as their top portfolio concern for the year ahead, bumping concerns about ...
Two Sigma’s Feuding Founders Step Down, New CEOs Taking Over
The billionaire founders of Two Sigma Investments—John Overdeck and David Siegel—are stepping down from day-to-day management after feuding for years and handing control to two new co-chief ...
Buffett’s Berkshire Reveals $6.7B Stake in Insurer Chubb
Warren Buffett's Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer Chubb Ltd., ending months of suspense over its mystery position in a financial firm, previously kept concealed in ...
U.S. Insurers Open to More Risk and AI Use in 2024 Investments: Survey
More than half (62 percent) of U.S. insurers are willing to take on more investment risk in 2024 despite mounting concerns about election year politics, fiscal and monetary policy, as well as ...
Infrastructure Investments Face $600B Hit in Worst-Case Climate Shift
Infrastructure investors face losing nearly a third of their money, or around $600 billion, if countries do not plan for an orderly shift to a greener economy by mid-century, a first-of-its-kind ...
Executives on the Move at The Hartford, WTW, Hamilton
The Hartford and WTW each announced appointments of chief claims officers. Hamilton Insurance appointed a head of investor relations.***
The Hartford appointed ...
SVB Collapse Explained: What Caused Silicon Valley Bank’s Failure?
SVB Financial Group Inc.'s shutdown and takeover by banking regulators on Friday can be traced to the U.S. Federal Reserve raising interest rates and souring the risk appetite of investors. Here is ...
Silicon Valley Bank Seized by U.S. Regulators
U.S. regulators rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, marking the largest failure of a financial institution since Washington Mutual collapsed at the ...