Wednesday, April 29, 2009


NY's Dinallo sees life insurance deals

U.S. life insurers, weakened by the global financial crisis, are in for mergers and regulators will not shy away from playing matchmaker to deal with weak companies, Eric Dinallo, New York's insurance superintendent, said on Tuesday.

Deals could happen in other insurance sectors as well, but life insurance is a focus for New York State's insurance department right now, Dinallo said at the Reuters Global Financial Regulation Summit in New York...

Reuters: NY's Dinallo sees life insurance deals

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