Most read stories for theweek include an i-banker joining Banks Street Partners and market share for topworkers' comp insurers as of Dec. 31, 2015.
1.Sandler i-banker moves to BanksStreet
FormerSandler O'Neill & PartnersLP investment banker Andy Hitt joined Banks Street Partners LLC asa managing director.
2.Regulator working with TowerGroup companies on late 2015 annual statements
Nearlytwo months after the March 1 deadline to submit annual statutory statements toinsurance regulators in most states, 10 U.S. property and casualty companieslinked to Tower Group InternationalLtd. with a combined Sept. 30, 2015, net asset size of nearly $1.31billion have yet to file those documents.
3.AmTrust steps on the gas inworkers' comp market in '15
continued to gain market share in the workers' compensation business in 2015 asrivals American International GroupInc. and LibertyMutual Holding Co. Inc. lost ground.
4.KKR exec pleased with First Data,unconcerned by Q1 stock struggle
Thefirst quarter was "volatile and strange," but the unrealized lossesKKR & Co. LPlogged during the period are nothing to be alarmed about, according to one ofthe company's top executives.
5.Labor Department's Conflict ofInterest Rule should spark M&A opportunities for Ameriprise, CEOsays
wantsto be a buyer in the wake of the Department of Labor's Conflict of InterestRule, saying April 28 that it should see new acquisition opportunities as smallinvestment advisers buckle under the weight of the new compliance requirements.