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Much of A.I.G.'s rescue was needed because it didn't have money in 2008 to cover guarantees that it sold banks in case the complex securities in their portfolios defaulted.
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Investment losses rose to $67 million, and Cigna said it might have to increase reserves by at least $250 million to cover guaranteed annuity benefits.
Investment losses rose to $67 million from $32 million; Cigna said it might have to increase reserves at least $250 million to cover guaranteed annuity benefits.
Even if both the man and the magazine stood to benefit from a cover, guaranteeing cover treatment is taboo at Time -- though it is not unusual to drop strong hints that display will be prominent, with the signals reinforced when a cadre of art directors and photographers are dispatched to the subject.
It's the kind of book cover guaranteed to generate stares when pulled out in public: the title, "The Moslems are Coming: Encounters with a Desktop Terrorist," is emblazoned above a menacing image of a man brandishing a firearm, but a closer inspection shows a USB flash drive sticking out of it.
The insurer set aside $1 billion in reserves in 2002 for the reinsurance unit, which took on risk from other insurance companies, after a legal settlement and a drop in the value of investments left it unable to cover guaranteed death benefits.
IS, Greenwich, London According to its website, eBay's "money back guarantee" covers more than 99% of listings when you pay with PayPal.
If you find the argument of Colorado's retirees wanting, let your local legislator know that you don't want to be responsible for every last dollar necessary to cover pension guarantees gone horribly awry.
THE people of Belize, a small former British colony in Central America, found out this month that their country's state pension fund had shelled out $3m to cover debt guarantees to a company owned by a former government minister.
If another massive bank run hit Wall Street say, next week–Uncle Sam would be forced to print trillions to cover these guarantees.
The purpose of the mortgage insurance premium is to cover the guarantees provided by the FHA to the lender and consumer.
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