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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
San Juan, Puerto Rico-based Popular, Inc., the parent of Banco Popular, announced today it has agreed to sell a large part of Equity One, its U.S. consumer finance operation, for $1.5 billion to a uni
The First District Court of Appeal in Tallahassee on Friday temporarily stayed a suspension order issued by Insurance Commissioner Kevin McCarty after the Northbrook, Ill.-based insurer refused to sup
"Voters in states prone to massive hurricanes or major earthquakes deserve to know where the candidates stand on catastrophe protection before they cast their votes," said Pete McDonough, the national
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