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AIG Announces Restructured Leadership Team

American International Group Inc. announced Thursday that it has restructured its leadership team in order to integrate the company and position it to deliver its full capabilities to AIG’s ...
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Swiss Re is Pulling Back From Catastrophe Coverage

Swiss Re Ltd., the world’s No. 2 reinsurer, is cutting back on catastrophe coverage and moving into new lines of business as low interest rates and fewer natural disasters undercut prices. “The ...
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Citigroup Dives Deeper Into Derivatives Risks

In the past five years, the firm that took the largest U.S. bank bailout of the financial crisis increased the total amount of derivatives on its books by 69 percent, surpassing most U.S. peers and ...