AMERICANS are often asked by politicians if they are better off now than they were four years ago. Anyone involved with American International Group (AIG), an insurance company felled by the financial crisis, can safely answer “yes” to that question. ... [full story]

LONDON (Reuters) - Proposed curbs on insurers aimed at preventing a repeat of AIG's 2008 taxpayer bailout could raise the cost of insurance, making more people dependent on the state, a finance sector lobby group said. "As currently designed, ... [full story]

After disasters like earthquakes in California and hurricanes along the coast of the Gulf of Mexico, the public face of recovery often is the insurance companies. Just as important to ensuring this sector's survival are the reinsurers that provide backup ... [full story]

The worst drought in half a century has plagued two-thirds of the nation, devastating farms and stoking wildfires that scorched almost 9 million acres this year. Withering heat blanketed the East Coast and Midwest, killing scores of people and making ... [full story]

(Reuters) — A federal panel may tag American International Group Inc. as "too big to fail," a move the company has been expecting and one that would sharply increase regulatory oversight of the government-rescued insurer.   AIG said on Tuesday ... [full story]

BRUSSELS (Reuters) - The European Union may have to postpone strict new capital rules for insurers because of wrangling between member countries over the final shape of the new regulations, the official in charge of the project acknowledged on Wednesday. ... [full story]

China will expand national health coverage by roping in private insurers and include more major diseases, as it seeks to close the mortality gap between rural and urban residents while trying to contain costs. “I’ve personally seen as ... [full story]

The U.S. government cut its stake in American International Group Inc. to 19 percent on Monday, making a profit of $12.4 billion on the insurer’s crisis-era bailout and bringing the unpopular rescue closer to its end.   The Treasury Department ... [full story]

NEW YORK (AP) – Insurance giant American International Group said Thursday it's selling part of its stake in Asian insurer AIA Group and plans to pay off more of its loans from the U.S. government. AIG said that proceeds ... [full story]

Hurricane Andrew's devastation of South Florida 20 years ago led to fundamental, permanent changes in the Bermuda reinsurance market and, by extension, the market worldwide. The island changed from a domicile known mainly for its hospitality to captive insurers ... [full story]