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Abigail Hofman

Abigail Hofman

We’re here to save the world and we don’t need any questions

Country risk index

Country risk index

Bi-annual survey monitoring political and economic stability of 185 sovereign countries

April 2008

Insurance survey: AIG remains the undisputed leader

Euromoney looks in depth at the global property and casualty insurers that our poll respondents vote as the best in the business. Overall winner AIG sees worrying signs of poor capital management in the industry, while second-ranked Zurich shows its flair for innovation and China’s Ping An has sizeable ambitions of its own.




The New Masters of Risk? How insurers are testing out their capabilities in finance 

Insurance poll results

The New Masters of Risk? How insurers are testing out their capabilities in finance 

Insurance poll results

Profiles

Zurich pushes the boundaries
MAI
Ping An
La Meridional
New Hampshire
Rosno

Martin Sullivan, CEO, AIG

INVESTORS IN GLOBAL insurance stocks shuddered in February when auditors at AIG, the industry leader, announced that they had discovered a material weakness in the way the company valued credit default swaps. Just a few months earlier, AIG had suggested that it might take a write-down of a little over $1 billion on its credit portfolios. But when it published audited results at the end of February 2008, write-downs amounted to $11.1 billion, mainly in AIG Financial Products Corp, with a fourth-quarter group loss for 2007 of $5.3 billion.


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