In the face of an expected slow-growth insurance market over the next two years, insurance executives plan to focus on improving operational processes and technological capabilities as well as acquiring new businesses to remain competitive, according to a recent survey.

About half of the $700 million of debt issued by bankrupt Stockton, California, is insured and a few traders have carried on some speculative purchases of its bonds, investors said on Thursday.

About half of the $700 million of debt issued by bankrupt Stockton, California, is insured and a few traders have carried on some speculative purchases of its bonds, investors said on Thursday.

Chartis, the property and casualty unit of American International Group, will revert back to the AIG name, according to internal memos at the insurer, NU has learned.