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LONDON—The U.K. insurance supervisor has reminded the run-off sector that it will object to proposals for schemes of arrangement for insurers that ar
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HONG KONG (Reuters)—American International Group Inc., facing massive losses and seeking fresh funds, may be willing to give up control of its prized
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LONDON—More continental European companies may seek to use U.K. solvent schemes of arrangement or other mechanisms to runoff books of business, accor
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AMP's 41% decline in net profits for 2008, which was driven by declining equity markets and a volatile financial environment, affected both the wealt
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Kingsway Financial Services has reported a net loss of $360.4 million, or $6.53 per diluted share, for the fourth quarter ended December 31, 2008, co
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American National Insurance Company has reported a net loss of $34.56 million for the fourth quarter ended December 31, 2008, compared to a net incom
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Amerisafe, a specialty writer of high hazard workers' compensation insurance, has reported that its net income in the fourth quarter of 2008 was $5.7
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The Shuman Law Firm has filed a lawsuit seeking class action status in the US district court for the Middle District of Alabama on behalf of a propos
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