As Knight Capital Group Inc struggles for survival after massive trading losses it said were caused by bad software, there seems to be little chance it can rely on insurance to save the day.

Europe's biggest insurer, Allianz, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer's chief financial officer said on Friday.

Europe's biggest insurer, Allianz, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer's chief financial officer said on Friday.

Property and casualty insurer Hanover Insurance Group Inc posted a quarterly profit above Wall Street estimates for the fourth straight time on lower catastrophe losses and higher premiums.

MGIC Investment Corp's risk-to-capital ratio breached the level considered safe by regulators and the mortgage insurer posted its eighth straight quarterly loss.

Hedge fund heavyweight David Einhorn's reinsurance business, Greenlight Capital Re Ltd, on Tuesday warned that other insurers were making "irrational" deals in Florida in the face of heavy competition.

Bailed-out insurer American International Group Inc may leave its headquarters in lower Manhattan next year when its lease expires, an executive at SL Green Realty Corp, the company that owns the building said.

Bailed-out insurer American International Group Inc may leave its headquarters in lower Manhattan next year when its lease expires, an executive at SL Green Realty Corp, the company that owns the building said.