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A consortium led by sovereign wealth fund China Investment Corp. is negotiating with struggling U.S. giant American International Group to acquire a
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A consortium led by sovereign wealth fund China Investment Corp is in talks to buy a stake of up to 49 percent in American Life Insurance Co, a unit
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Treasury Secretary Henry Paulson said on Thursday that federal authorities have the right tools and have taken the necessary steps to prevent a finan
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Ambac Financial Group has reached an agreement with counterparties to terminate $3.5 billion of its collateralized debt obligation exposure, a move t
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French insurer Groupama has finalized the deal that gives it 99% ownership of Turkish insurance companies Güven Sigorta and Güven Hayat.
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The Association of British Insurers has added a cautionary “red top” to a report into the planned 7.05 billion pound (8.3 billion euro) capital raisi
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