Reinsurance companies may benefit indirectly from the downturn in capital markets that has hit investment income in the sector because it may prevent them from lowering prices for the risk cover they provide to insurers, Munich Re said on Sunday.
The US government seized control of Fannie Mae and Freddie Mac in what could end up being one of the world’s biggest financial bail-outs as it tried to prevent the mortgage groups suffering a catastrophic failure
The latest cheap manufacturing site for European companies is not in Asia or eastern Europe but the US, say top executives from some of the continent’s biggest companies
Special and unique programs are in place for assisting distressed homeowners and seniors who find it difficult to stretch their pension in today’s economy
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