Investment Officers
China’s Anbang Insurance to Pay Nearly $2B for Waldorf Astoria Hotel
Hilton Worldwide Holdings Inc., the world's largest publicly traded hotel operator, agreed to sell the landmark Waldorf Astoria hotel in Manhattan to China's Anbang Insurance Group Co. for $1.95 ...
MBIA Lures Barclays Exec to Lead Muni-Bond Insurance Arm
MBIA Inc. hired Tom Weyl from Barclays Plc to head efforts to win business at its municipal- bond insurance unit. Weyl will start by year-end as managing director and head of new business development ...
Insurers Bullish on Private Market Assets for Diversification: BlackRock
Insurance companies around the world are making a significant move toward private market assets to diversify against the risks that have traditionally underpinned their businesses, according to a new ...
California State Fund Appoints CFO
California's State Compensation Insurance Fund, the state's largest provider of workers compensation insurance, has appointed Peter Guastamachio as its chief financial officer. He will direct all of ...
Africa to Issue Climate Change Bonds in 2016; Structure Similar to Cat Bonds
Global warming in Africa may soon move bond markets. In 2016, the first climate change bonds will be issued from Africa— unique instruments that will enable the world's poorest continent to tap ...
PIMCO’s Gross Exit, Fireman’s Fund Struggles Challenge Allianz Leaders
German insurer Allianz suffered a humiliating blow on Friday with the resignation of renowned investor Bill Gross as leader of PIMCO, the asset manager Allianz relies on for one fourth of its ...
Lloyd’s of London’s Investment Returns Match Headier Days
Lloyd's of London more than doubled investment income in the first half of the year as the world's oldest insurance market benefited from its holdings in U.S. corporate debt. Lloyd's reported ...
Should You Buy Alibaba Now? Mega IPOs are Mega Laggards a Year Later, Analysis Shows
If history is any guide, investors who missed out on getting a slice of Alibaba's massive initial public offering may want to think twice about jumping into the stock once it hits the New York Stock ...