AIG's spectacular fall from grace sent shudders throughout the insurance industry last year with many fearing that this could be the first in a chain of insurers to topple over. But, while they have exposure to many of the same assets as banks, insurance companies have managed to escape the worst ravages to hit the banking sector.
The ability of insurers to access capital without regularly going to the debt markets means they have not experienced the same liquidity problems as banks. With Allianz
The week on Risk.net, October 6-12, 2017Receive this by email
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