Investment Officers
Trump Tax Plan Could Boost Berkshire Hathaway Book Value by $29B
Warren Buffett's Berkshire Hathaway Inc. could get a $29 billion boost to its book value under tax-rate cuts advocated by President-elect Donald Trump, according to Barclays Plc. "We would view this ...
Executives On The Move at XL Group, CSAA and Great American
XL Group announced the appointment of a new chief investment officer. CSAA appointed a new chief risk officer. Great American promoted an executive to head its Environmental division. *** XL Group ...
Nonprofit Urges Buffett’s Berkshire to Dump Fossil Fuel Investments
A Nebraska nonprofit on Friday said it will propose that Warren Buffett's Berkshire Hathaway Inc. sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 ...
Prediction: China Insurers Could Boost Overseas Investment by $100B in 3 Years
Chinese insurers may boost outbound investment by about $100 billion over the next three years, as they seek to diversify risks through buying more overseas securities, private equity and real ...U.S. P/C Insurers’ 2017 Prospects Earn Negative Sector Outlook From Fitch
The U.S. property/casualty insurance sector faces enough obstacles heading into 2017—everything from heavy competitive pricing to weaker profitability—that Fitch Ratings changed its fundamental ...
China’s Anbang Insurance Reportedly May Grab $2.3B in Blackstone-Owned Japanese Property
China's Anbang Insurance Group Co is in talks to buy as much as $2.3 billion in Japanese residential property assets from Blackstone Group , two people involved in the discussions said, in what would ...
USAA Leads Insurers Flocking to Exchange-Traded Funds
The booming demand for hot exchange-traded funds has finally caught up with the staid, sleepy insurance industry. U.S. insurers are the latest group of investors to start buying ETFs en masse, with ...
Hank Greenberg Seeks Damages Over 2008 AIG Rescue
U.S. lawyers on Friday urged an appeals court to bless the federal government's $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice "Hank" Greenberg are ...