Blackstone to raise $400 million to boost credit fund’s lending power – FT

[ad_1] FILE PHOTO: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo/File Photo Acquire Licensing Rights Nov 16 (Reuters) –…

Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report

[ad_1] Company logo of Ping An Insurance Group is shown at a news conference following the company’s announcement of its annual results in Hong Kong, China March 16, 2016. REUTERS/Bobby…

Aon third-quarter profit beats on growth in commercial risk solutions unit

[ad_1] An office building with Aon logo is seen amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business District of Sydney, Australia, June 3, 2020. Picture…

Cadence Bank to sell insurance business to Arthur J Gallagher for $904 mln

[ad_1] Oct 24 (Reuters) – Cadence Bank (CADE.N) will sell its insurance brokerage unit to Arthur J Gallagher (AJG.N) for $904 million to narrow its focus and redeploy capital to…

Brown & Brown’s profit rises on commissions, fee growth

[ad_1] Oct 23 (Reuters) – Brown & Brown (BRO.N) on Monday reported a near 9% rise in third-quarter profit as the insurance brokerage earned more commissions and fees, sending its…

Todd Boehly-backed insurer Accelerant mulls IPO, stake sale, CEO says

[ad_1] Todd Boehly, co-founder, chairman and CEO of Eldridge, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2023. REUTERS/Mike Blake/File Photo Acquire Licensing…

Aercap settlement is good news for insurers, Lloyd’s CEO says

[ad_1] The interior of the Lloyd’s of London building is seen in the City of London financial district in London, Britain, April 16, 2019. REUTERS/Hannah McKay//File Photo Acquire Licensing Rights…

Aussie corporate regulator alleges IAG units misled home insurance customers

[ad_1] Small toy figures are seen in front of displayed IAG (Insurance Australia Group) logo in this illustration taken, November 8, 2021. REUTERS/Dado Ruvic/Illustration/file photo Acquire Licensing Rights IMA and…

Wildfires to cause second-largest total insured loss in Hawaii’s history

[ad_1] The damage at the Ho’Onanea condominium complex is seen in the aftermath of a wildfire, in Lahaina, Maui, Hawaii, U.S. August 10, 2023. REUTERS/Jorge Garcia Aug 11 (Reuters) –…

Insurer AIG exceeds profit estimates on strong underwriting gains

[ad_1] May 4 (Reuters) – American International Group Inc (AIG.N) beat market estimates for first-quarter profit on Thursday, as record underwriting gains cushioned the blow from lower alternative investment returns.…