An ill wind: America's insurers
Article Abstract:
The US insurance industry have been faced with declining profits for a number of years, and Hurricane Andrew has made the situation worse. A American International Group memo suggesting the disaster may be a good opportunity to raise rates was leaked, causing a public uproar.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Mountains still to climb
Article Abstract:
Lloyd's of London has suffered huge losses the last few years, and optimistic reports that the situation would improve with the 1990 report, to be announced in Jun 1993, are unfounded. It is likely that the market will have lost well over the $3.3 billion it lost in 1989.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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Local hero: AIG
Article Abstract:
American International Group has maintained its success through stable management and by focusing on making profits in underwriting. The insurance company gains more than 1!3 of its operating income in Asian countries, and Japan offers the largest market.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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