News

Oliver Wyman, a management consulting unit of MMC, announced the opening of a Bermuda office today, concurrently releasing a report outlining challenges facing Bermuda insurers and the qualities of le

WASHINGTON--Two insurer groups are opposed to a proposal made last night to extend the current National Flood Insurance Program (NFIP) until April 30, 2009, saying the solution is a bipartisan bill tha

Yesterday, A.M. Best and Moody's said they're not changing ratings or rating statuses for American International Group or its insurance operations, even though an $85 billion federal government credit

SWIFT, a provider of financial communications solutions, has signed an agreement with insurance industry companies to develop a central platform for electronic data transmission between insurers, brok

SWIFT, a provider of financial communications solutions, has signed an agreement with insurance industry companies to develop a central platform for electronic data transmission between insurers, brok

Mr. Liddy's appointment to succeed Robert Willumstad was made as part of the changes the Federal Reserve Board ordered in its decision to loan AIG up to $85 billion for up to two years to resolve a li