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Fed to bear MetLife’s Alico deal losses

12 March 2010

The Federal Reserve Bank of New York and AIG have agreed to take on $450m in losses as part of the sale of American Life Insurance Company (Alico) to MetLife.

Read more: Federal Reserve Bank of New York Fed Alico AIG Metlife American Life Insurance Company

The Federal Reserve Bank of New York and AIG have agreed to take on $450m in losses as part of the sale of American Life Insurance Company (Alico) to MetLife,...


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Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

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29%
$5bn-$6bn
14%
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Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield