Tuesday, October 28, 2008

 

Plan Could Push Insurers Into Mergers

Some of the life insurers whose names have emerged as supportive of a widening of the Treasury's $700 billion rescue program, the possibility of which emerged Friday, are considered by ratings firms to be financially healthy and capable of acquisitions. One is New York-based MetLife Inc. Industry analysts say it could be a contender to acquire at least some of the U.S. life-insurance operations of American International Group Inc.

Plan Could Push Insurers Into Mergers
Source: Wall Street Journal (free)

This page is powered by Blogger. Isn't yours?