Investment Officers
Judge Allows California Case Against Standard & Poor’s To Proceed
A U.S. judge has allowed the California attorney general's office to proceed with a lawsuit accusing Standard & Poor's of misleading investors by inflating its credit ratings that led to ...
U.S. Charges Two Ex-JPMorgan Bankers Over ‘London Whale’ Loss
U.S. prosecutors brought criminal charges on Wednesday against two former JPMorgan Chase& Co employees in the trading scandal that cost the bank $6.2 billion last year, but the trader nicknamed ...
Third Point Re Investors Betting on Loeb, Smart Underwriting
Investors in Third Point Reinsurance Ltd.'s initial public offering are betting on billionaire hedge fund manager Daniel Loeb. They're also taking on risk from an unprofitable underwriting operation. ...
Fairfax Financial’s Watsa — Canada’s Buffett— Bets on Blackberry for Long Term
Just over a year ago, Prem Watsa said Research in Motion Ltd., now re-named BlackBerry, was a "Canadian success story," a good buy and a likely turnaround story, despite declining market share. ...
Investment In the Future
If you ask 10 chief investment officers (CIO) at major insurance companies to explain their investment strategies and concerns, you'll hear silence. That's because in a world of intellectual property ...
Investors Favoring Europe, Shunning Emerging Markets
Investors have boosted their allocation to euro zone stocks to its highest in 5-1/2 years at the expense of emerging markets as confidence about the region's growth improves, a closely-watched survey ...
Hedging Systemic Risk in Casualty Reserves with Insurance-Linked Securities
Insurance-linked securities are often used to hedge an insurer's exposure to catastrophic property losses, but the casualty insurance market is just beginning to recognize the potential of ILS ...
G20’s Regulator Extends Systemically Important Bank Rule to Biggest Insurers
The Financial Stability Board said an extended version of its guidance on the resolution of systemically important banks will apply to non-bank financial institutions, such as Allianz SE, AIG and ...