-
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.
-
By Adam Tempkin and Karen Brettell, Reuters |
April 26, 2012
Barclays and Deutsche Bank on Thursday won a fierce bidding war for a portfolio of toxic assets the US government acquired in the 2008 bailout of insurance giant AIG.
-
By Reuters |
April 17, 2012
AmWINS Group Inc, the largest wholesale insurance broker in the United States by premiums placed, said it reached an agreement with private equity company New Mountain Capital for a $1.3 billion recapitalization.
-
By Mark E. Ruquet, PropertyCasualty360.com |
April 12, 2012
The break-up of Ariel Re finished with both Arch and Goldman Sachs saying they have completed their purchases of Ariel Re Credit and Surety and Ariel Reinsurance’s Bermuda operations.
-
By Christina Bramlet, PropertyCasualty360.com |
March 29, 2012
Perhaps like me, you have a twinge of spring-induced ADHD and wanderlust. Who can blame us? Will you head to the upcoming PLRB/LIRB conference for spring break?
-
By Mark E. Ruquet, PropertyCasualty360.com |
March 19, 2012
Taking advantage of the precarious position of guaranty insurers, Goldman Sachs appears to be aiming at entering that marketplace on the heels of acquiring Ariel Reinsurance earlier this month.
-
By Laura Mazzuca Toops, PropertyCasualty360.com |
March 15, 2012
On Greg Smith, Goldman Sachs, and customers as "muppets."
-
By Mark E. Ruquet, PropertyCasualty360.com |
March 5, 2012
Hamilton, Bermuda-based insurer Arch Capital Group Ltd. says it will acquire Ariel Re’s Credit & Surety reinsurance operations based in Zurich, Switzerland.
-
By Mark E. Ruquet, PropertyCasualty360.com |
March 2, 2012
New York bank-holding company Goldman Sachs will acquire Ariel Reinsurance’s Bermuda-based insurance and reinsurance operations, the companies announced.
-
By Phil Gusman, PropertyCasualty360.com |
February 3, 2012
Bank of America cannot be held liable to Allstate Insurance Company over residential mortgage-backed securities purchased by Allstate from Countrywide Financial Corporation.
