Insurer Lloyd's reports $4 billion loss
Article Abstract:
Lloyd's of London reported that it lost $4.33 billion in 1990 and expects to register a loss for 1991 as well. The losses were primarily due to claims made for storm damages, asbestos claims and pollution cases. The heavy losses hurt investors who have unlimited liability to cover claims.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
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Treasury auctions $42.5 billion in debt
Article Abstract:
The Treasury Dept held its quarterly auction from Aug 8-10, 1995, offering $42.5 billion worth of securities for sale. The previous auction in Feb 1995, sold $40.18 billion. Bond prices were up, making yields lower. Details about 30-year bonds and three- and ten-year notes are given.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
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Treasury auctions $35 billion in debt
Article Abstract:
The Treasury Dept auctioned $35.19 billion in government securities on May 11-13, 1993, as part of a refinancing plan. This included the sale of $16.17 billion in three-year notes, $10.76 billion in 10-year notes and $8.26 billion in 30-year bonds.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
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