Rehabilitated: insurance
Article Abstract:
Mutual Benefit Life Insurance has emerged from a court-ordered rehabilitation plan two years ahead of schedule, though significantly smaller in assets, employees and customers. Creditors and policyholders are likely to get back just a small fraction of their investments.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
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A strange tale
Article Abstract:
Francois Pinault, who controls a huge French retail empire, is facing lawsuits linked to his role in the takeover of US insurer Executive Life. The lawsuits, seeking damages of several billion dollars for alleged fraud, relate to one of Pinault's firms, Artemis.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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Let the light in
Article Abstract:
Problems with with-profits insurance policies arise from lack of transparency, as is shown by the case of Equitable Life.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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