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The Bermuda companies also sold large liability policies directly to American corporations.
Both the reinsurance and large liability coverage typically kicked in at high levels, often after claims exceeded $100 million.
Large liability awards tend to go to people who are severely injured but survive to provide vivid testimony.
With that done, the incomprehensibly large liability of the banks would cease, and we wouldn't need this staggering bailout.
Individuals who, in the eyes of the law, fail to act reasonably or to exercise due care may find themselves subject to large liability claims.
This is taxpayers' money and the risk of this large liability was incurred essentially so that investors could have fatter returns," Mr Leigh added.
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Now their portfolios are turning into large liabilities.
TO INVESTIGATE CHARGES Officials of Chain Group Reticent About Bankruptcy Petition -- Large Liabilities Alleged.
This means Mrs Merkel's priority will be to limit Germany's large liabilities.
They receive their capital back and much more while the corporation has often very large liabilities outstanding.
And the Nabisco Group, which owns 80.6percentt of Nabisco Holdings but is saddled with potentially large liabilities from its days as a tobacco company, rose $3.375, to $23.0625.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com