In an open letter to British Prime Minister Gordon Brown, released at the European Insurance Forum in Dublin, a number...
Financial News
The Bermuda-based Catlin Group Limited said that under the terms of a 2 for 5 Rights Issue, announced on February...
Dallas-based insurer, Gainsco Inc., announced net losses for the fourth quarter and the year for 2008, but the losses are...
Luke Savage, Lloyd’s of London’s finance director (among other titles), is certainly aware that 2008 was a “tough year,” as...
Lloyd’s announced an overall profit for 2008 of £1.899 billion ($2.78 billion), a 50 percent drop from the £3.846 billion...
Willis Group Holdings announced the formation of FINEX Global, a new division that will incorporate all of Willis’ existing London-based...
The nation’s insurance regulators are again telling policyholders of American International Group (AIG) that the insurance company is able to...
Billionaire investor Wilbur Ross said he is keen to invest more in insurance, a sector he has been active in...
Britain’s Financial Services Authority (FSA) will publish Wednesday a blueprint for a shake-up of global banking regulations aimed at preventing...
The chief executive of Ohio-based auto insurer Progressive Corp. received 8.8 percent less compensation in 2008 mainly because he declined...