Tuesday, October 06, 2009

 

AIG, Hartford Losses Mean Customers Look to Mutuals

Publicly traded insurers, a group that includes American International Group Inc. and Hartford Financial Services Group Inc., are losing business to mutual companies as clients seek “safe havens,” A.M. Best said... Mutuals, which are owned by their policyholders, made up 30.1 percent of the U.S. market in 2008, compared with 28.7 percent in 2007...

Bloomberg: AIG, Hartford Losses Mean Customers Look to Mutuals

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