All North America articles – Page 15
-
Online only
AIG settles in Pennsylvania probe
AIG has reached a settlement with the Pennsylvania Insurance Department relating to the investigation into the affairs of the company and its subsidiaries.
-
Online onlyEliot Spitzer resigns
The "Sheriff of Wall Street" steps down after sex scandal revelations
-
Online only
Eliot Spitzer in prostitution scandal
The man who outlawed contingent commissions issues a public apology for hiring a prostitute
-
Online only
Berkshire to sell White Mountains stake
WTM will transfer certain runoff units and $751m in cash to Berkshire Hathaway
-
Online only
White Mountains ratings unaffected by Berkshire deal
Berkshire will exchange its 16.3% stake in White Mountains for 100% of a WTM subsidiary
-
Online only
Subprime sees Ballantyne Re downgraded again
Scottish Re's sidecar is downgraded and placed on rating watch negative; significant subprime exposures warns Fitch
-
Online only
Scottish Re delays results filing
The delay is due to subprime assessments and the life reinsurer's change in strategic focus
-
Analysis
Troublemaker or lifesaver?
Allstate has managed to both irritate state regulators and delight its shareholders in the past 12 months. Nick Thorpe delves into the background of this insurance behemoth.
-
Features
No guarantees
Huge losses, downgrades and fears of corporate defaults. If ever there was a case study in the risks associated with a monoline business model, the bond insurance sector has provided it. Helen Yates reports.
-
Industry Matters
Free market power
David Sampson promotes the value of a joined up approach to insuring the Floridian property insurance market.
-
Editor's Note
Desert stampede
The fallout of subprime will be felt more keenly in today's global village than ever before
-
GR Focus
Counting the cost
With the cost of red tape leaping a dramatic £10bn to £66bn a year in the UK alone, a new Norton Rose survey reveals how insurers and reinsurers really feel about regulation. James Bateson reports.
-
Features
When politics and insurance clash
Allstate in the dock, insurance pools with negative equity and a federal catastrophe backstop in the offing. With election fever in the air, Ronald Gift Mullins looks at an increasingly politicised US insurance market.
-
Online onlyBuffett leapfrogs Gates to become world's richest man
Berkshire Hathaway boss and acclaimed Oracle of Omaha Warren Buffett is worth $62bn
-
Online only
Ambac to remain on negative watch
Fitch believes it will be very difficult to stabilise the ratings of Ambac despite $1.5bn capital raising
-
Online only
Scottish Re waves goodbye to another CEO
George Zippel to leave in July; board feels his contribution is "no longer considered viable" given subprime exposures
-
Online only
XL bond insurers on review for downgrade
The securities that are guaranteed or "wrapped" by the insurers could also be downgraded, warns Moody's
-
AnalysisReinsurers lose crucial legal battle
AGF and Wasa forced to pay pollution clean-up costs in follow-the-settlements case
