John Paulson News
AIG’s New CEO After Hancock? Someone From Outside Might Be Better
With AIG CEO Peter Hancock on his way out the door after failing to reverse the insurer's fortunes, some see the board turning to an outside replacement rather than an internal candidate in what ...
AIG Chairman: P/C and Life Insurance Operations Have Place at Company
American International Group Inc., which is shrinking under pressure from activist investors, is committed to retaining operations in both life insurance and property-casualty coverage, Chairman Doug ...
AIG Will Expand Board to Include Billionaire Paulson and Icahn Rep
American International Group, Inc. disclosed on Feb. 11 that its board will expand from 14 seats to 16 seats, a move that accommodates two activist shareholders: billionaires John Paulson and Carl ...
Paulson Hedge Fund Pulls Plug on Bermuda Reinsurer PacRe
Billionaire John Paulson's New York hedge fund firm has shut an operation in Bermuda that had been targeted by a Democratic lawmaker as a tax shelter. Paulson's venture, a reinsurer named PacRe Ltd., ...
Billionaire John Paulson’s Hedge Fund Grabs $800M AIG Stake
Billionaire John Paulson's hedge fund firm bought a position in American International Group Inc. in the first quarter valued at $800 million at the end of March, in his latest bet on the insurance ...
Hartford May Sell Remaining Corporate-Owned Life Insurance Business
Hartford Financial Services Group Inc., the insurer which rebuffed an activist's calls to split into two companies last year, is considering a sale of a business that offered companies life insurance ...