Serving on One Outside Board Is Enough, BlackRock Warns Directors August 27, 2019 By Jessica DiNapoli and Saqib Iqbal Ahmed BlackRock Inc. is stepping up opposition to U.S. CEOs who sit on more than one corporate board beside their own,...
Global Insurers in Mood to Take on New Investment Risks September 18, 2018 Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to...
Private Equity Firm Blackstone Eyes Insurance Data Analytics Business March 12, 2018 By Erik Schatzker and Melissa Mittelman Blackstone Group LP has bigger plans for insurance companies than just managing their money. The world’s largest private equity firm...
Smith & Wesson Gun Maker CEO Defends Safety Efforts March 7, 2018 By Ross Kerber The top executives of gun maker American Outdoor Brands Corp. on Tuesday defended their safety efforts in a letter to...
New Bond ETF Rules Expected to Attract Investments from Insurers May 31, 2017 By Suzanne Barlyn and Trevor Hunnicutt BlackRock Inc. expects $300 billion in new money from insurers to flood into the already booming bond exchange-traded fund sector...
BlackRock Says Investors Must Weigh Climate Change Like Insurers Are Doing September 7, 2016 By Simon Jessop and Trevor Hunnicutt BlackRock Inc., the world’s largest asset manager, said all investors should factor climate change into their decision-making and doing so...
Hedge Fund Insurers Struggle in Crowded Market with Poor Investment Results: S&P July 7, 2016 By Sonali Basak Hedge fund firms that set up reinsurance companies will struggle because too many rivals had the same idea and investment...
Aegon to Acquire BlackRock’s U.K. Defined-Contribution Pension Business May 3, 2016 By Jon Menon Aegon NV agreed to buy BlackRock Inc.’s U.K. defined-contribution pension business to bolster its position in the country’s workplace-savings market....
Global Financial Leaders Warn About Dangers of Negative Interest Rates April 20, 2016 By Finbarr Flynn The chorus of global financial leaders warning about the fallout from negative interest rates is getting bigger. Nobuyuki Hirano, president...
Hedge Fund Managers Benefit from Fee-Paying Reinsurer Units April 12, 2016 By Simone Foxman and Sonali Basak Stock pops or stock drops, there’s always been at least one winner when it comes to Daniel Loeb’s reinsurance company:...