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AIG, the government-controlled insurer, will pay around $100m in bonuses to some 200 employees of its troubled financial product unit this week after
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Troubled insurer plans an early payment of about half of the scheduled retention bonuses to its Financial Products staff.
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Reinsurer PartnerRe Ltd. said Tuesday its board has increased its quarterly dividend to 50 cents from 47 cents previously.
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The insurer's results were driven by investment losses of more than $5 billion.
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Property and casualty insurer ACE Ltd. said Tuesday its fourth-quarter profit improved as it saw a gain on investments and sales from insurance premi
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Insurer Tower Group Inc. said Tuesday it will buy the personal lines division of OneBeacon Insurance Group for about $180 million.
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ZURICH, Switzerland----ACE Limited today reported net income for the quarter ended December 31, 2009, of $2.81 per share, compared with $0.06 per sha
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