Rep. Barney Frank, D-Mass., who chairs the House Financial Services Committee, said the group will address an OFC for life insurers before dealing with the more controversial issue of an OFC for prope

XL Capital announced last night that it expects to take fourth-quarter charges in the range of $1.5-to-$1.7 billion related to credit market exposures--principally coming from an investment in Security

Peter R. Porrino, Ernst & Young' global insurance director and a co-author of the report said, "With pricing becoming increasingly softer, leadership is going to become all the more important in 2008

Mr. Lewers commented, "Singapore is an important crossroads in some of the fastest growing economies in the world. We are delighted that Crispin will be helping us take advantage of these opportunitie

Mr. Lewers commented, "Singapore is an important crossroads in some of the fastest growing economies in the world. We are delighted that Crispin will be helping us take advantage of these opportunitie

On Tuesday he said his department was talking with banks, insurers, financial advisors, credit rating agencies, other state regulators, government officials, and other stakeholders about developing me

Moody's Investors Service announced yesterday that it has affirmed the ratings of New York-based American International Group's structured investment vehicle Nightingale Finance that is based in the U

Moody's Investors Service announced yesterday that it has affirmed the ratings of New York-based American International Group's structured investment vehicle Nightingale Finance that is based in the U