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Martin Sullivan, former chief executive of AIG, the insurance giant that was rescued by the US government, on Tuesday blamed a single accounting rule
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"Can a Public Insurance Plan Increase Competition and Lower the Costs of Health Reform?"
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The plan to raise the amount of deposit insurance on consumer accounts from $100,000 to $250,000 may leave the F.D.I.C., and taxpayers, in a bind.
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The European Parliament’s Committee on Economic and Monetary Affairs has agreed on a first reading of the Solvency II framework directive. Solvency I
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WASHINGTON, (Reuters)—Washington policy-makers had no choice but to rescue American International Group Inc. after a dramatic investor crisis left th
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LONDON—Amlin P.L.C. has announced that it is to acquire a French underwriting agency. London-based Amlin will acquire Financiere Europe Assurance, th
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ATHENS, Greece—Agricultural Bank of Greece S.A., known as ATEbank, has selected French insurer Groupama S.A. as the preferred bidder for a 50.08% sta
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WASHINGTON (Reuters)—A former chief executive of American International Group Inc. defended the insurer's risk management but said looser accounting
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