General Re News
-
General Motors Co.’s finance unit and billionaire Warren Buffett’s Berkshire Hathaway Inc. led dollar- denominated sales of at least $42.1 billion this week as relative yields narrowed.
-
Berkshire Hathaway Inc.’s $1 billion note sale shows that while Chief Executive Officer Warren Buffett may pity investors who’ve stuck with bonds as yields fall to record lows, he’ll sell them as much debt as they want.
-
Aflac Inc., the largest seller of supplemental health insurance, hired Teresa McTague to oversee a $10.8 billion portfolio as interest rates near record lows pressure investment income.
-
A former executive at American International Group Inc. and four at General Reinsurance Corp. won reversal of their convictions on charges that they defrauded AIG investors of as much as $597 million.
-
Gary Kain spent 20 years at Freddie Mac managing as much as $800 billion of bonds before the U.S. took over the company. Since 2009, he’s used his knowledge of the home-loan market to help turn American Capital Agency Corp. into the fastest growing mortgage debt investor.
-
General Re-New England Asset Management Inc., a unit of Warren Buffett’s Berkshire Hathaway Inc., hired Mark Yu of American International Group Inc. to oversee enterprise risk for life insurers.
-
American International Group Inc. investors should be able to sue companies that conspired with some of the insurer’s top executives to manipulate its finances, a lawyer told Delaware Supreme Court justices today.
-
The Federal Reserve should pay more attention to the harm inflicted on savers by record-low interest rates, said Steven Kandarian, the chairman and chief executive officer of MetLife Inc., the largest U.S. life insurer.
-
Warren Buffett has attracted skeptics throughout his career when the stock of his Berkshire Hathaway Inc. languished. Now that the shares are rallying, the billionaire is looking for another critic.
-
Federal Reserve efforts to boost liquidity in the banking system haven’t shown proof of helping the economy and are punishing savers, Alleghany Corp. Chief Executive Officer Weston Hicks wrote to shareholders.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page