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Headline: Insurers heavily exposed as Enron unwinds Source: Euromoney Date: January 2002 Author: Nick Evans
Insurance companies have moved strongly into the credit derivatives business in recent years – writing credit default swaps in particular – and multiline insurers have also moved into the credit enhancement business, which was formerly the preserve of monoline financial guarantee companies such as FSA, MBIA and Ambac. | |||||||||||||||||||||||||||||||||||||||||
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