Investment Officers
Allianz Profit Soars Even as It Deals With PIMCO Setbacks
Allianz SE, Europe's biggest insurer, said first-quarter profit climbed 11 percent, even as investors withdrew funds from its asset manager Pacific Investment Management Co. The shares surged the ...
Proposed IRS Rules Could Threaten Paulson, Highbridge Bermuda Ventures
Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules ...
Insurer Pessimism Grows Over Investing Opportunities: Goldman Sachs
Insurers are increasingly pessimistic about investment opportunities and wary about everything from an economic slowdown to credit and market volatility, a new Goldman Sachs Asset Management industry ...
BlackRock CEO: Low Interest Rates Threaten Insurers and Pension Funds
Low interest rate policies by central banks around the world are threatening insurance companies and pension funds, said Laurence D. Fink, chief executive officer of BlackRock Inc., the world's ...
Willis to Compete With Banks Pursuing Asia M&A
Willis Group Holdings Plc's Rafal Walkiewicz and Michael Guo, who were promoted last week to lead the investment-banking operation, are focusing on Asia as they vie with Wall Street in advising ...
Fairfax Financial Will Sell 30% of Brit Plc to Ontario Pension Fund
Fairfax Financial Holdings Ltd. will sell as much as 30 percent of Brit Plc to the Ontario Municipal Employees Retirement System two months after agreeing to buy the Lloyd's of London insurer for ...
Verisk: Q1 Cat Bond Issuance Climbed to $1.5B
Catastrophe bond issuance crossed the crucial billion-dollar threshold for the second year in a row in Q1, and cat bond lite momentum also continued its upward trend, according to a new report from ...
XL Launching VC Initiative to Fund Innovation
XL Group has announced the creation of a new venture capital initiative, XL Innovate. XL Innovate will be financially backed by XL and will invest in companies that have a strategic focus on ...