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A.M. Best said, "The initial ratings reflect SILC's sound business plan, solid risk-adjusted capitalization and its existing relationships with the various parties who will also be involved in the pro

"Our heartfelt concern goes out to the government and people of China as they deal with the tragic deaths and destruction from the earthquake in the Sichuan Province," said Maurice R. "Hank" Greenberg

Increasing corporate jet demand, softening insurance market are contradictory

o "Mortgage Backed Securities and Capital of Life Insurers: Was the Industry prepared for the Credit Crunch of 2007-2008?" Dr. Etti G. Baranoff, Virginia Commonwealth University, Thomas W. Sager, Univ

The resignation announcement, which appeared on the Berkshire Hathaway Web site, follows convictions of former top Gen Re CEO Ronald Ferguson and Christopher Garand, former Gen Re senior vice presiden

Maurice Greenberg's Starr International Company, following a $900 million Moscow development deal last month, is now involved in another partnership to buy $786 million worth of Eastern European real

The company added that the additional capacity will cover North American-based commercial occupancies on noncatastrophe-exposed accounts, including commercial real estate, manufacturing,

AIG has filed a lawsuit against seven former executives, including Maurice R. "Hank" Greenberg, alleging a breach of fiduciary duty in connection with the handling of a block of AIG shares worth about