Assets & Investments
European Insurers Battling Regulation Avoid Pricy U.S. Treasuries
U.S. Treasuries need to get a lot cheaper to attract some European investors. Even with yields at multi-year highs, Treasuries are paying less than their pricier German peers when European insurers ...
AIG Grows Presence in Pension Risk Transfer Market
American International Group is expanding its presence in the pension risk transfer market, spurred in part by the Trump tax cuts. "We are seeing significant opportunity in this market, driven by tax ...
Progressive, Travelers, Chubb Among Insurers Pulling Back From Muni-Bond Market
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion ...
Buffett’s Berkshire Hathaway Grows Apple Investment, Doubles Teva Stake
Warren Buffett's Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in generic drugmaker Teva Pharmaceutical Industries Ltd , and confirmed it has become Apple Inc's ...
XL Catlin, Nature Conservancy Will Invest in Coastal Wetlands to Mitigate Storm Damages
When Hurricane Sandy hit the U.S. East Coast in October 2012, its 80-mile-per-hour winds and the resulting flooding did about $71 billion in damage. After the storm, researchers found that natural ...
China’s Anbang Insurance Reportedly Reviewing Assets for Possible Divestments
Anbang Insurance Group Co., the once-acquisitive Chinese insurer that's operating under government control, said it is in the process of reviewing all of its overseas assets amid reports of imminent ...
Swiss Re Talks With SoftBank Over Possible Investment Stake Have Reportedly Stalled
Talks between billionaire Masayoshi Son's SoftBank Group Corp. and Swiss Re AG about buying a stake in the world's second-biggest reinsurer have come to a standstill, people familiar with the matter ...
Investment Gains Help Boost W.R. Berkley’s Q1 Results
Save for some struggles with reinsurance, W.R. Berkley Corp. reported solid numbers for the first quarter. The company said an ongoing strategy to minimize volatility and a big gain in investment ...