Investment Officers
PartnerRe Adds ‘CEO’ to Company President’s Title
PartnerRe, now owned by Italian investment firm EXOR after a $6.9 billion acquisition, has added "CEO" to company president Emmanuel Clarke's title. The Bermuda-based reinsurer said that Clarke will ...
Price Pressures, Lower Investment Income Slash Lloyd’s 2015 Profit by 30%
Lloyd's of London reported a 30 percent drop of full-year profit as the world's largest insurance market was hurt by continued pressure on pricing and the lowest investment returns since at least ...
AIG Will Slash 242 Jobs in NYC
American International Group Inc., the insurer that's been under pressure from activist investors, said it plans to cut 242 jobs at five locations in New York City. The reductions will take place ...
For Greenbergs, Post-AIG Financial Ties Top $650M
Long after leaving American International Group Inc., members of the Greenberg family are expanding financial ties through companies they now oversee. Evan Greenberg's Chubb Ltd., previously known as ...
Two Instech Startups Target Small Business Insurance Market
Small business insurance providers will soon have two new competitors from the technology world. Next Insurance, an online shopper for small businesses, announced a $13 million seed investment led by ...
Bill Gross’s $200M Suit against Allianz’s PIMCO Allowed to Proceed
Bond manager Bill Gross will be able to pursue his lawsuit to recoup at least $200 million he claims that Pacific Investment Management Co owes him in the wake of his 2014 ouster from the firm he ...
The Rapid Global Ascendance of China’s Anbang Insurance
China's Anbang Insurance Group Co has emerged from near obscurity 18 months ago to sign deals worth more than $30 billion, moving into the big league of global real estate and finance. The ...
Allianz Losing Top Two Investing Execs to Retirement
Allianz SE, Europe's biggest insurer, said its two most senior executives responsible for the company's asset management and investments businesses will leave. Jay Ralph will step down at the end of ...