Investment Officers
McGraw Hill to Grab Insurance Data Outfit SNL Financial For $2.23B
McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, for about $2.23 billion to add content on the banking ...
Chubb’s Q2 Profit Dips 1% Due to Weak Investments and ACE Merger Costs
Chubb Corp., the insurer that agreed this month to be bought by Ace Ltd., said second-quarter profit slipped 1 percent on weaker investment results and costs tied to the transaction. Net income ...
Cat and Investment Losses Hamper Allied World’s Q2 Net Income
Allied World Assurance Company Holdings experienced big drops in net income during the 2015 second quarter, due in large part to catastrophe and investment losses. The Swiss insurer and reinsurer ...
U.S. P/C Net Income Rises 31% in Q1: ISO and PCI Report
Private U.S. property/casualty insurers collectively generated growth, higher net income and an improved combined ratio in the 2015 first quarter, ISO and the Property Casualty Insurers Association ...
Allianz Exec Views Hedge Funds as Insurance Industry Asset
Chris Fischer Hirs, the head of Allianz SE's specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat. "Hedge ...
Q2 Cat Bond Issuance Robust, But Below Record 2014 Levels: Aon Benfield
Catastrophe bond issuance came in at a healthy clip during the 2015 second quarter, but the half-year total dipped considerably from the same, record-breaking period in 2014, Aon Benfield found in ...
Ahead of Merger Vote, PartnerRe & AXIS Release Preliminary Q2 Numbers
PartnerRe and AXIS Capital Holdings Ltd. won't be holding their merger shareholder vote until August 7. In the meanwhile, they've released preliminary 2015 second-quarter results, underscoring the ...
GM Directors Escape Investors’ Suit Over Faulty Ignitions
General Motors Co. directors don't have to face investors' allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for more than 100 people their lives. ...