The credit markets must be getting tired of watching the unthinkable happen. But when Fitch Ratings finally downgraded monoline insurer Ambac on January 18 it sent shock waves through the market that ...

NEW YORK (Reuters) - The exotic and lucrative business of structured finance is over. Sign up here. This was made clear on Thursday when Wall Street shrugged off Standard & Poor's downgrade of two key ...

Innovative advancement marks a significant milestone in revolutionizing personal umbrella insurance management, streamlining operations, enhancing efficiency, and improving customer service.

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today announced that Midwest Builders’ Casualty Group is the recipient ...

SimpleSwitch simplifies the book roll, renewal, and transfer processes by providing an intuitive dashboard where agencies can manage their entire umbrella portfolio. By uploading a book of business ...

ZURICH (Reuters) - Losses from the ailing bond insurance sector spread deeper into European banks on Wednesday as French group BNP Paribas and Switzerland's UBS posted hefty write-downs. BNP reported ...

The latest public finance initiative funding for UK defence ministry accommodation is Aspire Defence Finance plc, which was launched in late March, via Citigroup and HSBC. The £1.8 billion ($3.14 ...

MINNETONKA, Minn., Aug. 26, 2024 /PRNewswire/ -- Monoline is excited to introduce SimpleSwitch, our latest innovation designed to transform the renewal, transfer, and book roll processes for personal ...

Wall Street investors will remain nervous until the monoline insurance crisis is at least recognised by Fed chairman Ben Bernanke. Three fixed interest insurance ...