Markets
Loeb Reinsurer Faced SEC Push to Improve Investment Disclosure
The U.S. Securities and Exchange Commission pushed a reinsurer co-founded by billionaire hedge fund manager Dan Loeb to provide more information about investments ahead of last month's initial public ...
Twitter’s ‘Secret’ IPO Reignites JOBS Act Debate
Twitter's use of a confidential initial public offering filing has reignited a debate about a 2012 U.S. law that critics say denies investors time to digest a company's financial information and ...
Critics Take Aim at Crop Insurance Subsidies, Insurers’ Profits
Former American International Group Inc. chief Maurice "Hank" Greenberg has a new business partner: the U.S. taxpayer. Greenberg's Starr Indemnity & Liability Co. is one of 18 companies approved ...
Analysis: Brazil May Be Spending Its Way Towards A Downgrade
Brazil's finances are set to deteriorate substantially next year, leaving the government with few options to revive a sputtering economy and raising the threat of a credit downgrade. The government ...
Former Zurich Chair Ackermann’s ‘Late Remorse’ May Be Premature: Review
Josef Ackermann, the former chief executive of Deutsche Bank AG and chairman of Zurich Insurance, cannot be happy about the timing of a new book by his ex-head of communications at Deutsche Bank AG. ...
Rendez-Vous Recap: Alternative Capital Remains Elephant in the Room
The 57th Reinsurance Rendez-Vous is winding down, and, while it's been another successful networking opportunity for the industry's movers and shakers, most of the discussions have ended on a note of ...
World Bank Insurer Posts Third Record Year on Power Projects
Political risk insurance provided by a World Bank Group agency in developing nations rose for a third straight year to a record, led by guarantees on power projects from Angola to Bangladesh. The ...AIG Said to Opt Against Berkshire Reinsurance After April Exec Departures
American International Group Inc. has decided against signing new reinsurance contracts with Berkshire Hathaway Inc. after Warren Buffett's company started a commercial insurer competing against AIG, ...