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.
The Financial Crisis Inquiry Commission placed American International Group at the “center” of the financial crisis that started in 2008 and continues to bedevil the country.
As the saying goes, there's only one chance to make a first impression. In the insurance business, oftentimes that chance happens when claims occur.
Barclays PLC President Robert Diamond Jr. shared some pretty strong opinions about the challenges ahead in financial services reform as well as in resurrecting our ...
Barclays PLC President Robert Diamond Jr. shared some pretty strong opinions about the challenges ahead in financial services reform as well as in resurrecting our ...
Less than a week after announcing completion of a domicile change, Flagstone Reinsurance Holdings, S.A. announced that co-founder Mark Byrne will step down from his role as chairman of the board.
Securities class actions, and to a somewhat lesser extent shareholder derivative litigation, have historically presented the largest class of claims exposures to directors and officers liability insurers.
Directors and officers liability insurance experts do not foresee any major widespread uplift in D&O insurance prices emerging from Goldman Sachs' current woes or the increased lawsuit activity that has been provoked.
There's no clear answer as to whether fraud litigation brought against Goldman Sachs by the U.S. Securities and Exchange Commission will fuel a new wave of credit crisis lawsuits.