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Hedge fund managers wont immediately face new limits on their use of insurance in offshore tax havens, after the IRS proposed rules and chose not to make them effective now.

Low interest rate policies by central banks are threatening insurance companies and pension funds, said Laurence D. Fink, CEO of asset manager BlackRock.

BlackRock, the worlds largest money manager, and Evan Greenbergs Ace, are forming a reinsurance venture that is seeking to raise $800 million to $1.3 billion.

Dalbars quarterly review reveals which fund company sites offer advisor-specific and easily accessible content.

Dalbars quarterly review reveals which fund company sites offer advisor-specific and easily accessible content.

Allianz SE named board member Oliver Baete to succeed Michael Diekmann as chief executive officer as Europes biggest insurer grapples with upheaval at Pacific Investment Management Co.

Endurance Specialty Holdings Ltd., the Bermuda-based provider of property and casualty insurance, announced a $3.2 billion offer to buy Aspen Insurance Holdings Ltd. after the target company turned down its proposal.

American International Group Inc. selected Peter Fisher, a former BlackRock Inc. executive and U.S. government official, to join the board of directors as the insurer prepares for increased federal oversight.