Abu Dhabi’s IHC, BlackRock Start $1 Billion Reinsurance Firm May 9, 2025 By Alex Dooler International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s royal family, is...
BlackRock Plans for Texas ETF Amid Its Push Into Lone Star State April 1, 2025 By Katie Greifield BlackRock Inc. is going even bigger in Texas. The world’s biggest asset manager applied for the iShares Texas Equity exchange-traded...
BlackRock Leaves Major Climate Group Amid Wall Street Exodus January 10, 2025 By Silla Brush, Saijel Kishan and Alastair Marsh BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican politicians for...
BlackRock Gets Legal Warning Over ESG Funds From Mississippi March 28, 2024 By Saijel Kishan and Silla Brush BlackRock Inc. faces the prospect of being barred from offering securities in Mississippi after state officials accused the investment firm...
Texas Republicans, Financial Executives Spar Over Climate Actions December 16, 2022 By Ross Kerber Financial executives and Texas state senators clashed over company concerns for climate change at a hearing on Thursday, a rare...
AIG’s Life and Retirement Unit Files for IPO March 29, 2022 The holding company of U.S. insurer American International Group Inc.’s life and retirement business, SAFG Retirement Services Inc., filed for...
BlackRock Agrees to $300M Loan for Root Insurance January 27, 2022 Days after it announced it had to lay off 330 employees due to worsening loss costs, auto insurer Root Insurance...
Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
Is a Climate Change-Driven ‘Megadrought’ Looming over Parts of U.S.? June 17, 2021 By Don Jergler The Western U.S. could be in for a wild ride thanks to climate change. That’s the brunt of the buzz...
Why ‘Victorian’ HR Policies That Try to Ban Sex Won’t Work-Viewpoint December 10, 2019 By Sarah Green Carmichael Mark Wiseman, who was seen by many as a likely heir to BlackRock Inc. Chief Executive Officer Larry Fink, is...