Global Insurers in Mood to Take on New Investment Risks

Article 0 Comments Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment advisor BlackRock. Almost half (47%) of insurers surveyed plan to increase portfolio risk exposure over the next one to two years, compared to […]

Private Equity Firm Blackstone Eyes Insurance Data Analytics Business

Article 0 Comments Blackstone Group LP has bigger plans for insurance companies than just managing their money. The world’s largest private equity firm is expanding into a lucrative business dominated by BlackRock Inc.: portfolio risk analytics. Bennett Goodman, co-founder of Blackstone’s GSO credit unit and chairman of its new insurance-solutions […]

Smith & Wesson Gun Maker CEO Defends Safety Efforts

Article 1 Comments The top executives of gun maker American Outdoor Brands Corp. on Tuesday defended their safety efforts in a letter to asset manager BlackRock Inc. posted on the website of the maker of Smith & Wesson guns. American Outdoor Brands and other gun makers have been under pressure […]