Britain’s banks must clean up their balance sheets and start rebuilding their operations, the Treasury chief said Wednesday as major...
International & Reinsurance News
Reinsurers have begun 2009 determined to wrest back the initiative from a period of softening rates and savagely declining investment...
Three potential bidders remain interested in the sale of a large stake in American International Group’s $20 billion Asian life...
The European Union should set up two bodies to coordinate oversight of financial institutions across Europe, according to a report...
Insurers are increasingly using scenario analysis to evaluate multiple risks, but the industry could do more to fully exploit state-of-the-art...
Global reinsurance specialist Guy Carpenter Co., LLC has been awarded a grant by the Microinsurance Innovation Facility to develop a...
American International Group Inc., facing massive losses and seeking fresh funds, may be willing to give up control of its...
Toronto-based Kingsway Financial Services Inc. said Friday its quarterly loss came in even deeper than it had estimated a week...
Willis Group Holdings has announced a series of international appointments in Willis Global Placement, its newly formed entity that co-ordinates...
A leading insurance company in Guyana says it has lost nearly $1.5 million in pension funds after investing with Texas...