A federal judge on Wednesday gave Detroit and a group of bond insurance companies two or three weeks to settle a dispute over whether the city can treat certain bonds as unsecured debt, warning of an "all or nothing" ruling if no deal is reached.

Reinsurer Swiss Re promoted David Cole to finance chief and raised its payout to shareholders after an unexpected rise in annual profit, taking the sting out of falling prices for new business.

A New York state judge declined to delay court approval of Bank of America Corp's $8.5 billion settlement with investors in mortgage-backed securities, rejecting a move by American International Group Inc.

The board of Generali has mandated Chief Executive Mario Greco to pursue legal action and seek damages from two former top executives in relation to past loss-making investments, the Italian insurer said on Wednesday.

The board of Generali has mandated Chief Executive Mario Greco to pursue legal action and seek damages from two former top executives in relation to past loss-making investments, the Italian insurer said on Wednesday.

The village of Moorland in southwest England lies largely deserted, eerily silent save for the creaking of flood defenses which failed to stop the flow of muddy brown water now standing chest-high along its main street.

The village of Moorland in southwest England lies largely deserted, eerily silent save for the creaking of flood defenses which failed to stop the flow of muddy brown water now standing chest-high along its main street.

American International Group is holding "hostage" an $8.5 billion deal to compensate investors who bought Bank of America Corp mortgage securities, supporters of the deal said in court filings ahead of a hearing on Wednesday.