U.S. regulators should clamp down on Wall Street innovation to prevent firms from creating “Frankenstein” financial products with no substantial...
Yearly Archives: 2010
The Geneva Association,* the most prominent global “think tank” for the insurance industry, has taken issue with the proposals from...
Warren Buffett’s reputation as a stickler for good business ethics has put the billionaire in an awkward spot because of...
The U.S. Coast Guard said Wednesday five times as much oil as previously estimated was leaking from a well beneath...
A three-day U.S. Senate standoff over efforts to overhaul financial regulation ended on Wednesday as Republicans dropped efforts to block...
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders of $112 million, or $0.79 per diluted common...
Bermuda-based RenaissanceRe Holdings reported net income available to common shareholders of $165.0 million or $2.73 per diluted common share in...
Bermuda-based Montpelier Re Holdings reported net income of $9.9 million ($0.13 per share) for the first quarter of 2010, and...
Aon Benfield announced the launch of its latest innovative platform, named “MarketReView.” The bulletin described the new platform as a...
Zurich’s Global Energy group has expanded its market capacity for power generation business. Effective May 1, 2010, the unit will...