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In an “initial” damage estimate, specialist Bermuda-based property/casualty insurer and reinsurer Catlin Group Ltd. said it expects to lose about $20
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The Bermuda-based Catlin Group Limited has announced its initial estimate of the financial impact of Hurricanes Ike and Gustav and an update on its i
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American International Group, the insurance giant that drew fire for executive "golden parachutes" and an ill-timed junket even as it receives a mass
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The National Flood Insurance Program (NFIP) is in debt to the American tax payer to the tune of $18 billion. Congress is considering forgiving the de
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A.M. Best Co. has commented that the financial strength (FSR) and issuer credit ratings (ICR) of XL Capital Group and its members are unchanged follo
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According to catastrophe risk modeling firm AIR Worldwide, at 3:00 AM EDT, Thursday, October 16, Hurricane Omar was tracking through the northern Lee
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Billionaire investor Warren Buffett is buying U.S. stocks, he wrote in an opinion column in the New York Times. "A simple rule dictates my buying: Be
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As wild volatility in the stock market continues and financial turmoil persists, experts and analysts are questioning whether the government's $700 b
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