AIG sells Alico unit to MetLife for $15.5 billion MSN Money The company is expected to keep Chartis, its larger property and casualty insurance company; two additional Japanese life insurers, and a handful of smaller ... and more »

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AIG, MetLife: Top-Performing Insurance Stocks TheStreet.com (subscription) Nymagic(NYM) is a New York-based property and casualty insurer specializing in marine insurance. Stock Performance: Nymagic dropped 4.3% over three months, ...

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Muni Holdings Beef Up Bond Buyer The biggest buyers of municipal bonds other than retail are property and casualty insurers, which accumulated $7.8 billion in the fourth quarter to bring ... and more »

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AIG Unit's Fate Hangs in the Balance Zacks.com However, the soft insurance market conditions continue to pose a significant challenge for the company's core property/casualty operating subsidiaries. ... and more »

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Banks to weigh in on Obama tax idea Reuters "The case that we're trying to make is that the property and casualty industry should be recognized for its low risk to the financial system," spokesman ... and more »

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AIG Sees $490M on Stake Sale Zacks.com However, the soft insurance market continues to pose a significant challenge for the company's core property/casualty operating subsidiaries. ... and more »

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AIG Leads Wednesday's AMBG as Global Insurance Index Rises 0.73% Insurance News Net (press release) The Global Multi-Line Insurance Index led the sector indexes, with the US Property/Casualty Insurance Index trailing the list. In descending order, the AM ... and more »

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Louisiana Legislature Should Ask Tough Questions About Insurance Bayou Buzz Where the average salary nationwide of the CEO for a smaller property and casualty company the size of Citizens is less than $200000 a year, the Louisiana ...

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David Zona Joins Fireman's Fund Insurance Company as SVP of Product Management ... Insurance News Net (press release) About Fireman's Fund® Fireman's Fund Insurance Company is a premier property and casualty insurance company providing personal and commercial insurance ...

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AIG Leads Tuesday's AMBG as Global Insurance Index Declines 0.26% Insurance News Net (press release) The US Property/Casualty Index (AMBUPC) closed at 1176.90 (-0.50%). Leading the AMBUPC was Affirmative Insurance Holdings Inc. (+9.84%). ... and more »

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— American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset ...

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03/09/2010 American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big as...

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Christian Science Monitor

AIG restructuring: Can taxpayers recoup bailout funds? Christian Science Monitor ... as one of the most respected and diverse property-casualty operations in the world….” Thus, AIG's strategy is revival, not full-scale dismemberment. ...

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AIG restructures, aims to earn money Marketplace (blog) Meaning Chartis -- their newly renamed property and casualty insurance business. SHELP: They'll be sort of like they were when they started back in 1919 in ...

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MiamiHerald.com

AIG's Next Step Forbes "The key to the future is how well [core property and casualty business] Chartis underwrites and attracts incoming premiums," said Bergman. ...

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Telegraph.co.uk

AIG: $51 billion down, $51 billion to go CNNMoney.com Since AIG rescinded an earlier plan to sell off Chartis, its core property and casualty business, there don't appear to be any other "crown jewel" companies ...

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AIG Giveth Back, and Taketh Away, from US Taxpayers BNET As for AIA, it is based in Bermuda, the land of tax avoidance for insurers. An old adage says that if you owe the bank a million dollars, the bank owns you. ... and more »

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Greenberg Ready to Talk About AIG-Gen Re Transaction Insurance News Net (press release) ... charges relating to the sham finite reinsurance contracts with AIG and Prudential Financial Inc.'s former property/casualty division (BestWire, Jan. ... and more »

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Transatlantic Expects Catastrophe Costs Of $60-90 Mln In Q1; To Repurchase 2 ... RTT News (RTTNews) - Property and casualty reinsurer Transatlantic Holdings, Inc. (TRH: News ), Monday said it expects to incur net catastrophe costs between $60 ...

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AIG Continues Asset Selling Spree Zacks.com However, soft insurance market conditions continue to pose a significant challenge for the company's core property/casualty operating subsidiaries. ... and more »

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