News

Munich Re posted third-quarter profit that missed analyst estimates as low interest rates eroded returns from its fixed-income investments.

Munich Re posted third-quarter profit that missed analyst estimates as low interest rates eroded returns from its fixed-income investments.

Swiss Re AG may say third-quarter profit dropped 11% after lower reserve releases.

Swiss Re AG may say third-quarter profit dropped 11% after lower reserve releases.

Deal was voluntarily accepted by AIG's board, former CEO Robert Willumstad says,because the insurer didn't have a handle on its cash requirements and underestimated the amount of money it needed.

Engineers are trying to find out why two steel bolts broke off from the 47-story London tower known as the Cheesegrater, falling five floors to the street.