A new Government Accountability Office report about the federal rescue of American International Group shows there was vigorous debate about whether the Federal Reserve should provide assistance to the insurer, and what the state-level and international implications would have been should the government not act.
After re-emphasizing that Standard & Poor’s rating action on U.S. long-term sovereign debt will have little, if any, effect on the insurance…
The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.
The Institute of International Finance says regulators need to coordinate development of reforms affecting the banking and insurance industries to avoid unintended consequences.
After re-emphasizing that Standard & Poors rating action on U.S. long-term sovereign debt will have little, if any, effect on the insurance industry, Robert Hartwig, president of the Insurance Information Institute, says there are some underlying economic conditions today that need to be looked at.
After re-emphasizing that Standard & Poors rating action on U.S. long-term sovereign debt will have little, if any, effect on the insurance industry, Robert Hartwig, president of the Insurance Information Institute, says there are some underlying economic conditions today that need to be looked at.
Looking back on the global political and economic events of the last decade, the pace of change has increased tenfold. Now the question becomes, what will be the next event of global proportion?
Given today’s uncertainties, how do risk managers mitigate political and economic risk for companies conducting or planning to conduct business on a global scale?
Japan's government said the cost of the earthquake and tsunami that devastated the northeast could reach $309 billion, making it the world's most expensive natural disaster on record.