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1996
December 1, 1996
Vol. 8, No. 3
Let's Call the Whole Thing Off: Insurance deals and $20 cigars · Beware of investment bankers saying "shareholder value."… 1
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Up the Insurance Department: The end of the Coral Reinsurance saga · Hank Greenberg tells the Delaware Insurance Department to shove it… 3
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Small Change: A.M. Best tinkers with its ratings… 3
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Reliance Group Can't Jump: Paint it Black. Clever Reliance forms an "African-American-owned" insurance company… 4
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Saul Steinberg, Insurance Legend: The life and times of one of the industry's great men… 5
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The Road to Riches: Insurance stocks meet the efficient bull market… 7
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The Sisyphus Syndrome: To celebrate USF&G's centennial we examine the vicissitudes of its past… 8
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USF&G and A.M. Best… 12
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The Insurance Beat: The smokers' advantage · EMLICO: failure has its rewards · Busy CPCUs, and more… 15
July 1, 1996
Vol. 8, No. 2
The Wrong Place at the Wrong Time: A lesson from Japanese life-insurance companies. Resurrection or disaster?… 1
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Ride the Whirlwind: Travelers makes a quick $3.5 billion… 3
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Hell Up in Hartford: An industry veteran tells it like it is… 7
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The Boys in the Back Room: U.S. Insurance Brokers' curious cast of characters… 8
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Coral Re: AIG's $1 Billion Secret: AIG ceded $1 billion to a tiny Barbados reinsurer. Hank Greenberg would prefer that you know nothing about this… 10
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The Annals of Advertising: An ad you won't see elsewhere… 11
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The Insurance Beat: George Steinbrenner, CPCU? · AIG's 'top secret' chart · Argonaut "guarantees" satisfaction, and more… 15
March 1, 1996
Vol. 8, No. 1
Eight Miles High and Falling Fast: The insurance industry is in favor these days, and that may not be a good thing… 1
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Spinning Gold into Straw: The annuity business is too attractive for its own good… 3
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'Superlative Business Opportunity'?: Thoughts on the catastrophe-reinsurance cycle · A surfeit of surplus?… 5
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Have We Got a Deal for You: In a sweetheart deal for certain investors, AIG set up a tiny Barbados reinsurer and ceded it $1 billion of reserves… 6
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All in the Family: Herbert Kaufman built one of the largest surplus-lines brokers in the country, but he put his family's financial interests ahead of those of his shareholders… 8
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The Insurance Beat: Unum's bad timing · Travelers' pissed-off actuaries, and more… 11