Investment Officers
Bond Insurers May Prevent Revamp Extension for Puerto Rico Electric Utility
Puerto Rico's junk-rated electric utility, weeks away from owing a $416 million debt payment, is moving closer to a legal showdown as bond insurers consider blocking a move to give it more time to ...
Brazil May Sell Part of Stake in Latin American Reinsurer IRB
Brazil's government is considering the sale of some of its stake in IRB-Brasil Resseguros SA, the largest reinsurer in Latin America, in a 4 billion-real ($1.3 billion) initial public offering, two ...
Once Again, Leading Asset Managers Reject Global Risk Reduction Rules
The world's multi-trillion dollar asset management industry has presented a united front to reject proposals aimed at mitigating risks in the sector, even after they were revised by regulators. The ...
Low Interest Rates ‘Quite Harmful’ to Insurers: Blackrock CEO
Lowering interest rates around the world to boost the global economy has reached a point where it is now "quite harmful" to clients, including pension funds and insurers, BlackRock Inc. Chairman and ...
Taking Blame for Bad Results Will Halt Stock Price Tumble: Research
When a public company's financial results take a hit, leaders can stop a freefall in the company's stock price if they publicly accept the blame for poor performance, new research reveals. ...
AXA Chief Outlines Climate Strategy
AXA Chairman and CEO Henri de Castries spoke at Climate Finance Day on May 22 in Paris. The following are his remarks in which he discusses what climate change means for the insurance industry as ...
Insurer AXA Joins Coal Divestment Movement Over Climate Change Risk
France's largest insurer will scrap holdings in coal companies because of concerns about climate change, broadening support for the fossil-fuel divestment movement to a major mainstream investor. AXA ...
8 Trends Tied to How Millennials Differ from Prior Generations
As the largest generation in U.S. history, millennials have a lot of potential to change the investment landscape. A couple of weeks ago Goldman Sachs sent out a research note detailing which ...