Investment Officers
TigerRisk and Gen Re: Influx of Capital From Asia a Trend Worth Watching
Recent M&A-related investment from Asia offers yet another twist in the ongoing influx of new capital that has fostered uncertainty among insurers and reinsurers alike. Some insiders view the ...
The New Venture Capitalists: Insurance Companies
Property and casualty insurers are rich as Croesus, awash in capital and having a tough time figuring out where to put it. They can certainly invest (and largely do) in the equity and bond markets, ...
Willis, Towers Watson Shore Up Merger Support Ahead of Nov. 18 Vote
Willis Group Holdings and Towers Watson, facing some opposition, are working aggressively to shape stockholder opinions in favor of their proposed merger in advance of a Nov. 18 shareholder vote ...
Allianz Q3 Profit Drops 15% After Plunge in P/C, Asset Management Earnings
Allianz SE, Europe's biggest insurer, said third-quarter profit dropped 15 percent as earnings at its property and casualty and asset management units declined. Net income fell to 1.36 billion euros ...
AIG Loses $231M in Q3; Up to 400 Senior-Level Jobs on Chopping Block
American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to ...
OneBeacon’s Q3 Results Disappoint; CNA’s Investment Income Plunges
OneBeacon's third-quarter results disappointed; CNA's numbers were mixed to positive, though its investment income took a big hit. Here are the details: *** OneBeacon Insurance Group saw its ...
Carl Icahn’s Emergence Ups the Stakes for AIG CEO Hancock
Peter Hancock may have met his hardest challenge yet. Since Hancock took over as chief executive officer of American International Group Inc. last year, Warren Buffett's Berkshire Hathaway Inc.'s new ...
Hurricane Patricia May Hit Mexico Cat Bond
Mexico's natural disaster fund may be $100 million better off at bondholders' expense after Hurricane Patricia appeared to trigger a catastrophe bond the country sold in 2012. Investors in those ...