Search for: "American International Underwriters"
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5 Apr 2009, 1:26 pm
In September 2008, the government takeover of mortgage giants Fannie Mae and Freddie Mac was followed by the collapse of Lehman Brothers, the acquisition of Merrill Lynch by Bank of America and an $85 billion (and now $170 billion) government investment in American International Group. [read post]
27 Mar 2009, 4:44 am
Geithner's testimony, said what is being sought is "some kind of oversight and resolution of the holding companies and lightly regulated parts of these conglomerates, like we saw at American International Group. [read post]
23 Mar 2009, 7:21 am
Wall Street Journal is reporting that a coalition of 19 state attorneys general is launching an investigation into controversial bonuses paid to employees at American International Group Inc.'s financial products unit, whose woes brought the insurer to its knees last year.New Jersey's attorney general, Anne Milgram, notified the company of the probe in a letter signed also signed by the AGs from Arizona, Delaware, Illinois, Kentucky, Louisiana, Maine, Michigan,… [read post]
16 Mar 2009, 2:13 am
There were more than 300 changes in the Internal Revenue Code made by this new law; here are some of the key tax credits and other provisions affecting individuals. [read post]
9 Mar 2009, 3:35 am
Strong results from life insurers countered sluggishness in the property and casualty sector, where 8.4% premium growth was more than offset by a 147% increase in underwriting loss and a resulting 46.2% decline in profits.Local units of foreign international companies were prominent in both the life and P&C sectors, as Colseguros (Allianz) (life and P&C) and Liberty Mutual (P&C) appeared in the top three companies by market share.If you would be… [read post]
9 Mar 2009, 3:32 am
For example, the Professional Liability Underwriting Society (PLUS) has a LinkedIn group (here). [read post]
2 Mar 2009, 1:58 pm
Although various companies owned by American International Group, Inc. [read post]
2 Mar 2009, 6:15 am
While the news headlines will focus on the $61B Q4 2008 loss, American International Group, Inc. [read post]
2 Mar 2009, 5:58 am
Although various companies owned by American International Group, Inc. [read post]
14 Feb 2009, 11:56 am
This post is by my colleagues Gail Lees, Andrew Tulumello, Chip Nierlich, Mark Whitburn and Chris Chorba. [read post]
4 Feb 2009, 1:43 pm
Selected articles can be viewed here.Editor, Product Liability Defense Newsletter, a topical newsletter distributed electronically to over 2000 product manufacturers, distributors and retailers, 1997 to present.Editor, Insurance Industry Newsletter, a topical newsletter distributed electronically to over 300 insurance brokers, insurance underwriters, claims adjusters and in house counsel, 1999 to present.Legal Advisor to the BSE Board (Bicycle Standards of Excellence), which tests bicycle… [read post]
26 Jan 2009, 1:54 am
They included not only all of the toxic mortgage-backed assets, but also securities and other assets related to Fannie Mae and Freddie Mac, and also assets related to a growing list of other institutions, including Lehman Brothers, Washington Mutual, American International Group, and the Icelandic banks. [read post]
15 Jan 2009, 5:53 am
Admitted ReinsurersA foreign reinsurer wishing to establish a representative office in Brazil must meet the following requirements: Authorization in its country of incorporation to underwrite local and international reinsurance in the same lines as it seeks to underwrite in Brazil; Solvency, and operation in its country of incorporation for greater than 5 years; A minimum net worth/surplus of greater than US$100 million or the equivalent; A permanent agent… [read post]
13 Jan 2009, 1:48 am
The complaint also names as defendants the offering underwriters that conducted the June 2007 offering of the shares. [read post]
9 Jan 2009, 1:03 am
According to the article, Satyam carries a $75 million D&O insurance program led by Tata AIG, which is a joint venture of Tata Group and American International Group. [read post]
19 Dec 2008, 1:52 am
A limited number of insurance companies underwrite structured settlements compared to other types of annuities. [read post]
16 Dec 2008, 3:48 pm
This author's thoughts are with those in the structured settlement marketing departments of Aviva and Platinum for whom this unfortunate reality has occurred during the holiday season.As a result of the Aviva decision, the structured settlement market has the following remaining underwriters include American General Life Insurance Company, American International Life Assurance Company of New York, Metropolitan Life Insurance Company, New York Life Insurance… [read post]
14 Dec 2008, 9:48 pm
In particular, Furet explores the way the French monarchy, led by Finance Minister Jacques Necker, financed its participation in the American war of independence by increasing state-guaranteed life annuities, fueling a speculative bubble and enabling borrowing backed by inflated values. [read post]
12 Dec 2008, 2:28 pm
The organization, entitled Proinsura, is headed by Chairman Rafael Padial and made up of members Oceanus Re, Syndicate Re, Flagstone Underwriters Latin America Limited, Island Heritage Insurance and American International Underwriters Overseas.As previously reported here, the International Insurance Center of Puerto Rico provides international insurers and reinsurers that organize under the center’s laws with certain tax… [read post]
9 Dec 2008, 11:51 pm
After leaving the Fed, he was general counsel at American International Group, Inc. [read post]
