Sentence examples for insurance operation from inspiring English sources
The Corker-Warner plan creates a government insurance operation, similar to the Federal Deposit Insurance Corporation, that would insure mortgage-backed securities.
MICHAEL J. de la MERCED EXPANSION The Intact Financial Corporation, the big Toronto-based insurer, said Tuesday that it had agreed to buy the Canadian insurance operation of the AXA Group of Paris for 2.6 billion Canadian dollars in cash ($2.68 billion).
Even in China, notorious for favoring its domestic firms, MetLife owns 50 percent of its insurance operation there.
Mr. Devine said that regulators would probably take control of the insurance operation if the company files for bankruptcy protection.
By being a partner with UnitedHealth for Medicare Advantage, AARP's insurance operation benefits from Medicare's generous payments.
A.I.G. has said that it plans to focus on a global property and casualty insurance business, Chartis, and a domestic life insurance operation, Sun America Financial.
The White Mountains Insurance Group, headed by the longtime insurance executive John J. Byrne, said yesterday that it would buy the United States property-casualty insurance operations of the British insurer CGNU for $2.1 billion.
The insurer has focused on improving its remaining insurance operations.
To this day, A.I.G. is the only foreign insurer allowed to own 100percentt of its life insurance operations in China.
In addition to its vast insurance operations, the company had written credit default swaps to insure obligations backed by mortgages.
The insurer will also weigh a potential sale of the Aviva unit's life insurance operations.
