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new york (Bloomberg) American International Group Inc.’s Robert Benmosche, who doubled shareholders’ money in his first 17 months as chief executive officer, may be called on by new investors to show his firm is prepared to pick a successor. Benmosch...

AFL Investments has announced the appointment of Kevin Grant as lead wealth manager and Mark Bendzsa as a financial consultant to boost its client services team. In his new role Mr Grant will be responsible for providing financial planning services a...

Bermuda’s non-life insurers are facing challenging market conditions - and there is no sign of an improvement in the near future. That is the view of insurance industry analysts from credit rating agency AM Best, who discussed the Bermuda market in a...

NEW YORK (Bloomberg) American International Group Inc, the insurer repaying a US bailout, is getting weaker as it sells assets such as Nan Shan Life Insurance Co, former chief executive officer Maurice (Hank) Greenberg said. “Of course they’re making...

NEW YORK (Reuters) - Banks will meet in New York City today to make their case for the right to sell the US Treasury’s stake in American International Group, three people familiar with the matter said yesterday. The Treasury will own 92.1 percent of ...

Cox Hallett Wilkinson Ltd (CHW) is going up in the world following its move to a top floor location in the centre of Hamilton. The law firm, which completed the relocation last month, also became a limited liability company (LLC) at the start of this...

Validus Reinsurance Ltd. has been affirmed the ‘A-’ Insurer Financial Strength (IFS) rating by Fitch Ratings. Fitch has also affirmed Validus’ ‘BBB+’ Issuer Default Rating (IDR), ‘BBB’ senior unsecured notes rating, and ‘BB+’ rating for Validus’ juni...