Generali Weighs Deal With U.S. Asset Manager Guggenheim Partners October 3, 2022 By Sonia Sirletti , Tommaso Ebhardt, Sonali Basak and Dinesh Nair Assicurazioni Generali SpA is exploring a deal with US investment firm Guggenheim Partners to bolster its asset management business, according...
Insurance Marketplace Policygenius in Talks to Go Public Via SPAC July 12, 2021 By Gillian Tan and Sonali Basak Policygenius Inc., an online insurance marketplace, is in talks to go public through a merger with the blank-check company PWP...
Enmity Erupts Between Former Private Equity Partners Over Lucrative Insurance Units October 12, 2018 By Sonali Basak and Heather Perlberg Nearly a decade ago, Imran Siddiqui helped engineer a shrewd maneuver for buyout mogul Leon Black’s Apollo Global Management LLC,...
Guggenheim Exploring Deal with Munich Re’s Asset Management Unit June 21, 2018 By Sonali Basak and John Gittelsohn Guggenheim Partners is exploring the sale of a stake in its $250 billion asset-management unit overseen by Scott Minerd, according...
Custody Protection, Regulation, Insurance Seen Paving Way for Shift to Cryptocurrencies June 18, 2018 By Sonali Basak and Olga Kharif Hedge fund manager Kyle Samani embraces his job making multimillion-dollar bets on the wild market for cryptocurrencies, but he’s long...
Buffett Not Eager for Berkshire to Be Cyber Insurance Leader May 7, 2018 By Sonali Basak and Katherine Chiglinsky Warren Buffett said he doesn’t want Berkshire Hathaway Inc. being a leader on cyber insurance because neither he nor others...
How AXA Wooed and Won XL Group in $15.3B Takeover Deal March 6, 2018 By Fabio Benedetti-Valentini , Sonali Basak, Aaron Kirchfeld and Manuel Baigorri AXA SA’s pursuit of its biggest ever takeover really got serious at a romantic hotel on the shores of Lake...
XL Group’s McGavick Cuts Exposure to Hedge Funds to Boost Investment Yield February 14, 2018 By Sonali Basak XL Group Ltd., the insurer with about $38 billion of investments, is reducing its exposure to hedge funds, Chief Executive...
From Bermuda to Switzerland, Reinsurers Lure Variety of Potential Investors February 9, 2018 By Katherine Chiglinsky and Sonali Basak The $500 billion reinsurance industry is experiencing a flurry of deal talks. One reason: Companies are finally for sale as...
SpaceX Lost Satellite on U.S. Mission Was Uninsured January 23, 2018 By Sonali Basak and Dana Hull U.S. taxpayers may end up paying for the missing satellite launched by Elon Musk’s Space Exploration Technologies Corp. that crashed...