Brand Management & Sales
Downgrade of Tower Group to B++ Likely to Have Further Negative Effects: A.M. Best
A.M. Best Co. announced Tuesday that the rating agency has downgraded the financial strength rating of members of Tower Group to B++ (Good) from A- (Excellent), one day after the company itself ...
AIG’s Mortgage Insurer Woos Business Amid FHA Shutdown
American International Group Inc.'s mortgage insurer, whose biggest rival is a U.S. agency, is wooing borrowers with the prospect that they'll avoid delays tied to the partial government shutdown. ...
World Bank: Poor Countries Should Manage Risk, Expand Insurance to Grow
Developing countries should be more willing to take risks that have the potential to spur growth, the World Bank said in a report. While disregarding risk can lead to economic disaster, too much fear ...
Entertainment Insurers Re-Tune Policies After Michael Jackson Case
When Britney Spears takes the stage this December for the first of a heavily hyped 100-show two-year residency at Planet Hollywood in Las Vegas, the loudest cheers may come from her insurance ...
Surge in Firms Based in Emerging Markets to Reshape Corporate World: McKinsey
The number of large emerging market companies will surge in coming years and they will become competitors but also customers for rich-country firms, according to a new study. Almost three-quarters of ...