AIG, Chubb, Goldman Form $1.5B Carrier
American International Group, The Chubb Corp. and GS CapitalPartners together have added $1.5 billion to a growing pot ofcapital rushing into the property-casualty insurance industry. Buthow long that capital will stay around is just one of the questionsbeing asked about all the new ventures.
“I'm not one of the people that's going to give an optimisticview,” said Don Watson, director for Standard & Poor's RatingServices in New York.
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