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By Reuters |
May 10, 2012
The New York Federal Reserve said on Thursday it sold all its TRIAXX collateralized debt obligations from a portfolio of assets that was used in the government bailout of insurer AIG to Merrill Lynch, following a competitive bid process with eight other Wall Street firms.
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By Reuters |
November 23, 2011
Key milestones in the battle for Transatlantic, presented in a timeline. Alleghany Corp. and Transatlantic have agreed on a $3.4 billion cash-and-stock deal.
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By Myles Neligan and Victoria Howley, Reuters |
November 11, 2011
European insurers, on the front line of the region's sovereign debt crisis because of their big exposure to distressed Italian bonds, will be forced to share losses with customers and rely on regulators to be lenient if Italy reneges on its debt.
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By Myles Neligan, Reuters |
October 6, 2011
European insurers are financially robust and unlikely to require injections of fresh capital, barring an Italian sovereign default or break-up of the single currency area, analysts said.
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By Chad Hemenway, PropertyCasualty360.com, Mark E. Ruquet, Caroline McDonald, PropertyCasualty360.com |
September 22, 2011
Catastrophes continued to impact carriers through August, with personal-lines insurers reporting elevated claims activity for the month.
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By Chad Hemenway, PropertyCasualty360.com |
September 15, 2011
Allstate Corp. says it expects $735 million in August pretax catastrophe losses from eight events, including Hurricane Irene.
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By Mark E. Ruquet, PropertyCasualty360.com |
December 6, 2010
American International Group issued $2 billion in bonds, the first time it has issued debt since the government bailout of the company in 2008.
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By Mark E. Ruquet, PropertyCasualty360.com |
December 1, 2010
American International Group issued $2 billion in bonds today, the first time it has issued debt since the government bailout of the company in 2008.
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By Staff Writer |
August 3, 2010
TPG purchased the company from Hellman & Friedman and its co-investor JMI Equity.
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By Staff Writer |
July 29, 2010
Vertafore, a provider of software and services to the insurance industry, announced the completion of its acquisition by investment funds managed by TPG Capital.
