Most read stories forthe week include TD Ameritrade planning to launch a robo-advisor later thisyear and Blackstone Group continuing to find good value in the real estatespace despite the absence of discounts in the aftermath of the financial crisis.
Sponsoreddemutualization to give Berkshire Hathaway dominant med mal marketshare
A proposed sponsored demutualization of the nation'sfifth-largest writer of medical professional liability business would result in obtaining market share of more than 2x its nearest rivalon a pro forma basis in a line the Warren Buffett-led group entered in earnestonly 11 years ago.
Blackstone'sSchwarzman feels 'very good' about new real estate investments
BlackstoneGroup LP is no longer able to buy real estate at the discountsit received in the aftermath of the financial crisis, but it is still findinggood value in that space.
TD Ameritradeto launch robo-adviser in late 2016
In a break with past strategy, plansto launch an online investment management platform, or robo-adviser, later in2016.
Brown &Brown CEO expects more headwinds from 'squirrely' coastal propertypricing
That coastal property rates remain under significantpressure for more than three years comes as a surprise to Presidentand CEO J. Powell Brown. Brown said his company witnessed carriers"do some really squirrely things in terms of pricing" as it again sawreductions in rates of between 10% and 25% in catastrophe-exposed propertybusiness.
Interest rateheadwinds to define Q2'16 results for life insurers
Analysts expect life insurers' second-quarter earnings toimprove on previous results, but operating conditions remain grim as companiesstruggle through a lower-for-even-longer rate environment.