The U.S. securities regulator has asked life insurers to disclose the potential cost of forcibly winding down in-house insurance units known as 'captives,' whose business model has come under regulatory radar, the Wall Street Journal reported.

Shares of Ambac Financial Group Inc could be poised for steep gains in the coming years if the bond insurer continues to shrink its portfolio of obligations, business weekly Barron's wrote on Sunday.

Britain's regulator fined a unit of insurance broker JLT over $2.95 million for an "unacceptable" approach to bribery and corruption risks from overseas payments.

Britain's regulator fined a unit of insurance broker JLT over $2.95 million for an "unacceptable" approach to bribery and corruption risks from overseas payments.

American Airlines Group Inc and its insurers have agreed to pay $135 million to Cantor Fitzgerald to settle the financial services company's lawsuit over business and property losses suffered in the Sept. 11 attacks on the World Trade Center, in which 658 of its employees were killed.

The Obama administration on Tuesday announced the appointment of a former Microsoft Corp executive to oversee its revamped HealthCare.gov website and expand on technology improvements achieved by the site's outgoing czar, Jeffrey Zients.

The Obama administration on Tuesday announced the appointment of a former Microsoft Corp executive to oversee its revamped HealthCare.gov website and expand on technology improvements achieved by the site's outgoing czar, Jeffrey Zients.

Japan's NKSJ Holdings Inc said on Wednesday that it will purchase Canopius Group Limited, a privately held insurance and reinsurance group operating in the Lloyd's of London insurance market, for $965 million.