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Goldman Sachs completes sale of Global Atlantic reinsurance group

Investment bank Goldman Sachs has announced the closing of the private offering of shares in its reinsurance group, completing the sale process of a majority stake in the business. The private offering saw shares offered in the Global Atlantic Financial Group, which was formerly known as the Goldman Sachs Reinsurance read the full article →

Goldman Sachs sells 75% of Ariel Re reinsurance business to investors, say reports

According to a report in the Financial Times, Goldman Sachs has completed the sale of 75% of its reinsurance operations, Ariel Re, to investors through a private placement. Goldman Sachs only bought Ariel Re last year in an effort to profit more from reinsurance premiums and diversify away from its read the full article →