Friday, 19 December 2014
Last updated 4 hours ago
Jul 16 2012 | 9:41am ET
Philadelphia Financial Group, a high-net-worth private placement insurance provider, has acquired the private placement insurance business unit of The Hartford Financial Services Group.
Philadelphia Financial now administers over $40 billion in insurance policy accounts.
“This transaction marks an important milestone in our acquisition growth strategy,” said Philadelphia Financial CEO John K. Hillman in a statement.
Reinsurance Group of America provided financing to Philadelphia Financial in this transaction.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.