Investment Officers
Buffett’s Berkshire Hathway Exits Remaining Travelers Stake, Slashes Goldman Sachs Investment
Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold much of its stake in Goldman Sachs Group Inc, despite the billionaire's assurance that the banking sector was not a "primary worry" ...
InsurTech CEO COVID Survival Guide: ‘Work for the Best; Plan for the Worst’
The challenge of delivering operating profits for investors while anticipated revenues tumble from COVID-19 lockdowns is as real for InsurTechs as it is for mature companies, the chief executive of ...
Watsa’s Fairfax Discloses Q1 $1.4B Net Loss From COVID-19 Financial Markets Plunge
Fairfax Financial Holdings warned it is dealing with an estimated $1.4 billion net loss in the 2020 first quarter, largely because of COVID-19 and its adverse impact on the global financial market. ...
Buffett’s Berkshire Hathaway Hammered by Coronavirus Equity Losses
The coronavirus pandemic may have erased around $64 billion of value from Warren Buffett's equity portfolio at Berkshire Hathaway Inc, setting up the conglomerate for one of the largest quarterly ...
AXA Will Establish $156B Asset-Management Unit for Alternative Assets
AXA SA plans to create a 137 billion-euro ($156 billion) asset-management unit to cater to the growing demand for real estate and other alternative assets. The French insurer will divide its ...
Insurers, France Lead Way on Scoring Investment Portfolios’ Impacts on Climate Change
Move over revenue growth and dividend payouts: it's time to take your portfolio's temperature. Policymakers are pushing investors to do more to ensure their portfolio choices help to meet the 2015 ...
The Hartford To Stop Insuring Coal Mining, Oil Extraction Operations
The Hartford, an insurer that has been previously recognized for its commitment to environmental stewardship, announced that it will take further steps in the effort by refusing to insure—or invest ...
Berkshire Names Investment Manager Combs GEICO CEO; Roberts Retiring
After just about a year-and-a-half in the role of chief executive officer, Bill Roberts is retiring at GEICO's president and CEO, to be succeeded by Todd Combs, one of Berkshire Hathaway's investment ...