Investment Officers
As Price Plunges Continue, Reinsurer Loss Buffers Are Drying Up: Allianz Re
Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according to the head of Allianz SE's reinsurance unit. "I don't think there are too ...
Global Reinsurers’ Strong Capital Position Counteracts Competitive Pressures in 2016: S&P
Strength of capital and good enterprise risk management are two of the main reasons the global reinsurance industry will be able to maintain a stable outlook during 2016 from Standard & Poor's ...
AIG Attracted Investment from Hedge Fund Jana Partners in Q4
Jana Partners LLC, the hedge fund founded by Barry Rosenstein, added stakes in pharmaceutical companies and American International Group Inc. while exiting its position in Hertz Global Holdings Inc. ...
U.S. P/C Industry Maintains Stable Outlook for 2016 Despite Tough Market: S&P
Despite ongoing soft market conditions, declining statutory surplus and "unsustainable levels" of reserve releases, the U.S. property/casualty industry will maintain a stable outlook for 2016, ...
Navigators Navigated a Tough Market in 2015
The Navigators Group Inc., like many property/casualty insurers, said that challenging market conditions in areas such as offshore energy shaped its 2015 fourth quarter and year. But the ...
AIG Will Expand Board to Include Billionaire Paulson and Icahn Rep
American International Group, Inc. disclosed on Feb. 11 that its board will expand from 14 seats to 16 seats, a move that accommodates two activist shareholders: billionaires John Paulson and Carl ...
Report: AIG May Exit At Least 50 Percent of Hedge Fund Investments
American International Group Inc. plans to exit at least half the hedge funds in which the insurer is invested, according to people familiar with the company's portfolio. The insurer has holdings in ...
Lloyd’s, XL Catlin, Munich Re Among Lemonade’s Reinsurance Backers
Peer-to-peer insurance startup Lemonade said it has signed on several global reinsurers, including Lloyd's of London, XL Catlin and Berkshire Hathaway's National Indemnity. Everest Re, Hiscox and ...