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The credit crunch is likely to create opportunities in the insurance runoff sector, according ARC, the U.K. nonlife runoff trade association.
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NEW YORK----Ambac Financial Group, Inc. today announced fourth quarter 2008 net loss of $2,340.8 million, or a net loss of $8.14 on a per share basis
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American International Group Inc may scrap a plan to repay a $60 billion U.S. government loan by selling businesses, after failing to find enough pro
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With President Obama planning a high-level conference on reforming health insurance a community group is pressing for universal health care.
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AIG, the stricken insurance giant, may have to scrap the sale of its Asian life insurance unit after attracting only lukewarm interest from potential
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The insurer A.I.G. may be forced to sell some of its prized assets or hand over a piece of its business to the federal government in order to avoid c
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