As finance chiefs gathered in Washington D.C. this weekend to work out what went wrong with the world economy, the...
Economy News
Standard and Poor’s (S&P) Ratings Services raised its rating for Fireman’s Fund Insurance Co. from “A+” to “AA-.” S&P noted...
HSBC Insurance Brokers Limited announced that it has established a branch office and received regulatory approval from the Qatar Financial...
The global credit crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller...
American International Group’s meltdown may serve at least one (if not more) positive purpose: spotlighting the difference between the insurance...
A prolonged recession and a tight credit market would cripple New Orleans’ still-fragile recovery from Hurricane Katrina, delaying or eliminating...
Allowing Lehman Brothers to fail last month was a major mistake for the equilibrium of the global financial system, French...
The five-year period spanning from 2003-2007 served the homeowners insurance line favorably after the dismal 20-year period that preceded it,...
European governments struggled on Monday to shelter banks and bank depositors from a global financial crisis that is eroding confidence,...
With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks...