News

A.M. Best Comments On Moody’s UK Downgrade

A.M. Best Europe-Rating Services Ltd. said it "does not anticipate any impact on its ratings of insurers operating in the UK as a direct consequence of the sovereign downgrade." Best was referring to ...

EU Strikes Deal To Cap Banker Bonuses

Bankers in Europe face a cap on bonuses as early as next year, following agreement in Brussels on Thursday to introduce strict new curbs. Politicians hope the move will address public anger at ...

U.S. House Republican Focused On Tax Reform

The top U.S. Republican tax legislator on Tuesday renewed a vow to try overhauling the complex federal tax code this year, but he said no actual legislation would be forthcoming soon. Dave Camp, ...

Bernanke To Congress: Fed Stimulus Benefits Clear

Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's monetary stimulus before Congress on Tuesday, easing financial market worries over a possible early retreat from bond ...

Markel, Alterra Shareholders Approve Acquisition

Markel Corporation and Alterra Capital Holdings Limited said that their respective shareholders have voted in favor of all proposals necessary for the acquisition of Alterra by Markel. The ...