Investment Officers
Allianz’s PIMCO, Others, Sue 16 Big Banks In U.S., Alleging Currency Market Rigging
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 ...
Sirius International Is Now a Public Company, Thanks to Easterly Merger
Sirius International Insurance Group Ltd. is now a public company. The global multiline insurance and reinsurance group accomplished this by closing its previously announced merger with special ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Swiss Re, Cerberus, Among Parties Exploring Anbang Insurance Investment
China's attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to Swiss Re AG size up the embattled insurer and its overseas operations. ...
Brexit Hasn’t Diminished London’s Ability to Attract Finance Sector Investment
Britain's financial sector brushed off Brexit uncertainty in 2017 to attract more inward investment than eight rival centers vying for its business, the City of London Corporation said on Wednesday. ...
Lemonade Investor SoftBank Will Pump More Money Into Insurance
SoftBank's Vision Fund plans to pump more money into insurance, a sector it sees as both ripe for disruption and a potential booster for its bigger bets in cars, health and financial services, a ...
China’s Anbang Insurance Group Draws Multiple Bidders for $200M in Japanese Real Estate
Anbang Insurance Group Co Ltd aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group LP, about two years after buying them from the U.S. investment firm, two ...
Insurers Globally Are Upbeat About Taking on More Investment Risks
Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment adviser BlackRock. Almost half (47 ...
Buffett Says Berkshire Bought Back Its Own Shares Along With Boosting Apple Stake
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Thursday said the conglomerate bought back its own stock for the first time since 2012 and added to its already huge stake in ...