International
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. ...
QBE North America Rolls Out M&A-Related Transactional Liability Practice
QBE North America is launching a new transactional liability practice designed for clients involved in mergers and acquisitions. The initiative reflects its latest expansion into other specialty ...
China-Backed Hackers Suspected in Anthem Cyber Attack
Investigators of Anthem Inc.'s data breach are pursuing evidence that points to Chinese state-sponsored hackers who are stealing personal information from health-care companies for purposes other ...
Aspen Plans $500M Share Repurchase Program
Aspen Insurance Holdings Ltd. announced plans to move ahead with a $500 million share repurchase program in 2015. The plan is effective through Feb. 6, 2017, and enables Aspen to pursue share ...
Warren Buffett Wants to Buy More Companies Abroad
Billionaire investor Warren Buffett said on Wednesday he is likely to buy a small business in Western Europe and he would like to buy more businesses abroad. "We'd like to buy more businesses around ...
W.R. Berkley Sees a Q4 Dip in Net Income
W.R. Berkley Corp. reported a stellar fourth-quarter in terms of premium growth, but net income dipped at year-end due in part to investment return challenges. Berkley's 2014 Q4 net income is booked ...
AXIS CEO Benchimol Sticks to Script on $11B PartnerRe Merger Deal
Early on in the fourth-quarter earnings call for AXIS Capital Holdings Ltd., company president and CEO Albert Benchimol warned that he and his team would be able to say very little about a planned ...
Europe’s Bond-Buying Program Could Push Insurers Toward Riskier Assets: Analysts
The European Central Bank's bond-buying program may lead insurers to load up on riskier assets at the expense of financial stability, analysts at Sanford C. Bernstein said. Quantitative easing "might ...