WalkerHughes Insurance announced that it has received a strategic minority investment from BW Forsyth Partners. Indianapolis, Indiana-based WalkerHughes will remain locally owned and operated with Benjamin Schoettmer, Founder and Chief Executive Officer, retaining a controlling interest as the largest shareholder. …
This post is part of a series sponsored by NutraRisk, an Amwins Specialty. More Americans are showing a growing interest in adding cannabis stocks to their investment mix. In fact, of the investors surveyed by GOBankingRates, nearly 1 in 10 …
New York Digital Investment Group, an asset manager focused on bitcoin investments, has raised $100 million it will use to expand the use of bitcoin in insurance. The round comes just a month after announcing $200 million in new financing. …
Hub International Insurance Services Inc. named Artem Ilinets vice president in the San Francisco, Calif. commercial division. Ilinet’s primary role with Hub will be the deployment of risk aversive insurance solutions for business clients throughout the state. Prior to Hub, …
Swiss Re announced that it will engage in long-term financing of infrastructure businesses and assets, and has committed an initial US$500 million for investments in senior secured debt of infrastructure businesses and assets located primarily in northern Europe. “Institutional investment …
HSBC said it was in talks to sell its $9.3 billion stake in China’s Ping An Insurance, stepping up a program by Europe’s biggest bank to shed non-core parts of its business to boost profitability. HSBC spent $1.7 billion to …
China has eased restrictions on foreign companies in parts of its insurance, travel and delivery industries in a possible effort to reverse a slide in investment from abroad, an American business group said Friday. Some of the measures were promised …
Canadian investor Prem Watsa, dubbed the “Warren Buffett of the North,” has nearly doubled his company’s stake in embattled BlackBerry maker Research In Motion Ltd (RIM) to just under 10 percent, according to a regulatory filing. The move makes Watsa, …
Ireland held a referendum on Thursday, May 31 – a straight yes or no vote on whether the country would write the “Stability Treaty,” the austerity measures agreed to last fall by the 17 euro zone countries, into law. It …
Otto Thoresen, Director General of the Association of British Insurers, has called for European Union policy makers to ensure that draft EU Solvency II rules do not prohibit insurers from driving growth in the UK and making long term investments …
