Regulation & Compliance
Geithner Nixes Greenberg Lawyer’s Request for Draft of Book on AIG Bailout
Former Treasury Secretary Timothy Geithner joined the Federal Reserve Bank of New York in declining to give drafts of a book he's writing to Maurice "Hank" Greenberg for a lawsuit challenging the ...
What Lured Aon, Noble and Others to Move Headquarters to London
The Swiss town of Baar boasts clean air, easy access to ski slopes and some of Europe's lowest personal taxes. London? Traffic and perpetual drizzle. Yet executives at Noble Corp., a provider of ...
Allianz CEO Diekmann: Solvency II, Basel Create Room for Acquisitions
Michael Diekmann, chief executive officer of Allianz SE said tougher financial regulation will create takeover opportunities for Europe's biggest insurer. "If Solvency II and Basel III mean more ...
Q&A on Risks of U.S. Treasury Default
U.S. lawmakers are negotiating to raise the debt ceiling before the Treasury is expected to run out of funds, leaving the country at risk of defaulting on its debt. Below are some key questions ...
SEC Chief Concerned Investors Face ‘Information Overload’
U.S. securities regulators are reviewing whether public companies overwhelm investors with "information overload" and should instead streamline disclosures about financial data, executive pay and ...
P/C Insurers Facing A.M. Best Rating Action If TRIA Not Renewed
Thirty-four property/casualty insurers can add the threat of a negative rating outlook to the list of problems facing their companies at year-end 2013 if the government backstop for terror insurance ...
S&P Subpoenas Federal Reserve Board in U.S. Lawsuit
McGraw Hill Financial Inc.'s Standard & Poor's unit seeks information from the board of governors of the Federal Reserve to bolster its defense against U.S. claims it misled investors in ...
Assessing ERM: S&P Puts Risk Culture in Focus
Stock prices of publicly traded insurers with stronger enterprise risk management programs show less stock price volatility than stock prices of carriers with weaker risk management programs. At ...