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For the third quarter, the Daytona Beach, Fla.--based insurance broker reported net income was down $5.6 million to $40.6 million. The loss in net income did not affect revenue which increased 4 percen

Macquarie Group, the department said, has informed the agency it has entered into a joint sponsorship agreement with Chicago-based Citadel Investment Group, the hedge fund management firm founded by b

Macquarie Group, the department said, has informed the agency it has entered into a joint sponsorship agreement with Chicago-based Citadel Investment Group, the hedge fund management firm founded by b

Based on current estimates that cover onshore and offshore claims across both windstorms, there will be a negligible impact on Lloyd's capital and no Central Fund exposure, Lloyd's said. The announcem

WASHINGTON--American International Group announced yesterday it is halting its multimillion-dollar lobbying activities while it works to restore profitability and pay off the $85 billion government loa

"After conducting a comprehensive search, I am delighted that our board has selected David," Mr. Callen said. "David is a strong leader who has had the opportunity to review and manage Ambac's insured