asset management business News

Hiscox Launches Private Investment Fund Portfolio

Hiscox, the international specialist insurer, has launched its Private Investment Fund Portfolio product to provide protection for many types of asset management firms. The portfolio provides coverage for lawsuits alleging breach of fiduciary duty, fraud, insider trading, securities law violations, …

Conning to Acquire Brookfield’s Insurance Asset Management Business

Hartford-based insurance asset management firm Conning, Inc. said it has agreed to acquire certain assets of Brookfield Investment Management Inc.’s core fixed income insurance. The investment team currently managing these assets will join Conning in a newly formed Manhattan investment …

Montpelier Re Appoints Brookman Sr. VP, Head of Capital Markets

Bermuda-based Montpelier Re Holdings Ltd., which specializes in short-tail reinsurance and other specialty lines, announced that Daniel Brookman has been appointed Sr. Vice President, Head of Capital Markets, effective immediately. He will also serve as Chief Operating Officer for Montpelier’s …