Investment Officers
Chinese Insurer to Grab Starwood Capital’s Baccarat Hotel in NYC
Barry Sternlicht's Starwood Capital Group agreed to sell New York's luxury Baccarat Hotel to an affiliate of China's Sunshine Insurance Group. The 114-room property on Manhattan's West 53rd Street is ...
Zurich Insurance May Sell Stake in Money Manager Firm
Zurich Insurance Group AG, Switzerland's largest insurer, hired Evercore Partners Inc. to value its majority stake in Seven Investment Management LLP, a person with knowledge of the matter said. ...
Risky Mortgage Bonds Returning Under a New Name
The business of bundling riskier U.S. mortgages into bonds without government backing is gearing up for a comeback. Just don't call it subprime. Hedge fund Seer Capital Management, money manager ...
Green Bonds Issuance is Soaring Despite Fuzzy Standards
Issuance of green bonds for companies working on battling climate change are booming, but investors say the label needs safeguards against bogus proposals that could sour retail buyers and wealth ...
Travelers: $224M in Energy-Related Junk Bonds is ‘Manageable’
Travelers Cos., the lone property-casualty insurer in the Dow Jones Industrial Average, had about $224 million of energy-related bonds that were rated below investment grade as of Dec. 31. The ...
It’s Time for U.S. Insurers to Push Ahead on Climate Change: Deloitte
While U.S. property/casualty insurers have been dealing with the effects of weather and climate changes for years, 2015 may be the year they start zeroing in on the idea of attacking global warming ...
P/C Industry Profit Estimated at Over $50B for 2014
Overall profit for the U.S. property/casualty insurance industry should pass the $50 billion mark for 2014, according to estimates presented by the president of the Insurance Information Institute on ...
USAA Makes Strategic Investment in CaféX
USAA, an insurance and financial services company for military families, has made a strategic investment in CaféX, a provider of real-time engagement solutions for mobile and web platforms. CaféX ...