Dutch and US insurers forced to shore up their balance sheets

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A series of high profile capital raising moves has brought into question the risk management approaches of a number of multinational insurers. October saw Aegon, ING, The Hartford and MetLife collectively bring an additional EUR10 billion onto their balance sheets. The moves amount to a blow to a sector that until recently had been relatively unscathed by the global financial turmoil.

Aegon took a EUR3 billion injection from the Dutch government as a precipitous fall in equity markets and a seri