Reinsurance

A lawyer for the New York AG's Office peppered Maurice 'Hank' Greenberg with hours of questions on Tuesday, attempting to show he had played an intense, 'hands on' role in trying to control losses from a failing auto-warranty insurance segment at AIG.

'Due to increasing demands on my time following a major recent acquisition by my company, I have decided to resign' from the Coca-Cola role, Greenberg said in the statement.

Insurers expect to slow purchases of high-grade corporate debt and hold more cash over the next two years, potentially squeezing already low returns, BlackRock Inc. said.

Here are some tips of what to look for as former AIG CEO Maurice 'Hank' Greenberg testifies in his civil fraud trial, which has been working its way through the courts for 11 years.

Here are some tips of what to look for as former AIG CEO Maurice 'Hank' Greenberg testifies in his civil fraud trial, which has been working its way through the courts for 11 years.

One company used its audit software tools and found hidden treasure $1M of it in its reinsurance contracts.