Assets & Investments
China and Germany Agree on Halt to Economic Cyber War
China and Germany agreed to work on stopping economic cyber spying between the two nations amid mounting concern that the thousands of small- and medium-sized companies that form the backbone of ...
BlackRock: Insurers Turning to Property Bets, Lending
Insurers are increasingly looking to make direct loans and finance commercial properties as central bank policies limit yields on traditional holdings such as government debt and investment-grade ...
Greenlight Re Posts Third Straight Quarterly Loss
Greenlight Capital Re Ltd. posted its third straight unprofitable quarter on losses in the investment portfolio overseen by hedge-fund manager David Einhorn. The net loss for the period ended Sept. ...
GHRA to Launch Insurance Research; Wilt, Zimmermann Lead Analysts
Gordon Haskett Research Advisors, an independent research organization, announced that the firm is launching insurance industry equity research with veteran analysts Bill Wilt and Alan Zimmermann ...
S&P Negative Watch For Berkshire Hathaway Hits Nearly 1,000 Muni Bonds
Municipal bonds from California to Puerto Rico may lose their second-best credit rating from Standard & Poor's after the company put Berkshire Hathaway Inc. and its core insurance units on a ...
Google, Berkshire, 8 Others Commit to Renewable Energy Investments
Some of the biggest U.S. corporate names offered their support—and billions of dollars in green financing pledges—to buttress the Obama administration's quest for a global agreement on combating ...
Travelers Q2 Produces Income Gains and Investment Declines
The Travelers Companies enjoyed soaring net income during its 2015 second quarter, thanks, in part to lower catastrophe losses and share repurchases. But net written premiums stayed flat, and ...
Allstate Ramps Up Bond Trading as Wall Street Retreats, CEO Says
Allstate Corp. Chief Executive Officer Tom Wilson has increased bond trading to boost returns as Wall Street scales back from making markets. "We're a big player in the fixed-income market, we have ...