Investment Officers
Buffett’s Berkshire Hathaway Buys Stake in Italian Insurer Cattolica
Warren Buffett is expanding his wager on Italy. The billionaire's Berkshire Hathaway Inc. said Thursday it agreed to buy about 9 percent of Italian insurer Societa Cattolica di Assicurazioni Scrl ...
The Zebra, an Auto Insurance Comparison Website, Nails Down $40M Series B Financing
The Zebra, an online auto insurance comparison marketplace, plans to use $40 million in new venture funding to double down on brand building, product expansion and customer outreach. Company ...
Name Change Coming for Sciemus With HSCM Bermuda Partnership
Sciemus, a Specialty Lloyd's MGA, is forming an investing partnership with HSCM Bermuda, a firm that invests in reinsurance and insurance-linked assets across all lines of business. The deal also ...
Allstate’s July Pre-Tax Catastrophe Losses: $181 Million
The Allstate Corp. said pre-tax catastrophe losses in July reached $181 million, with more than half of the cost coming from severe wind, hail and rain events in the U.S. Midwest. Broken down, 13 ...
Berkshire Hathaway Builds Stake in Synchrony, but Exits Its Former Parent GE
Warren Buffett has long preached the importance of investing in businesses that are hard for competitors to copy. That may be part of why his Berkshire Hathaway Inc. built a $520 million stake in ...
Britain Wants Brexit Talks With EU to Begin Next Phase
Britain said on Sunday that it wants talks with the EU to move on to the next phase, as it set out details of the future relationship it envisages with the bloc and senior ministers presented a ...
Aon Benfield Is Latest Broker to View Cat Bond Issuance as Hitting Historic Highs
Another insurance broker has concluded that insurance-linked securities are reaching record issuance levels. Aon Securities, Aon Benfield's investment banking division, determined that catastrophe ...
Allianz, Generali, Zurich and More Called Out for $361M in Coal Investments
A climate activist group is calling out a handful of European insurers for having significant holdings in fossil fuels despite pledges by the companies to be more climate friendly. A report released ...