Insurers recover from credit crunch
by admin on Feb.22, 2010, under Critical Illness Insurance policies, Life Insurance, Uncategorized, protection insurance
AIG is apparently well into recovery mode.
American International Group Inc., the troubled financial firm that threatened to bring down the U.S. economy, is showing stable revenue for its insurance units and improving its ability to repay taxpayers 17 months after a bailout that swelled to $182.3 billion.
An UK insurance industry tax contribution are claimed to be robust according to the industry body
The ABI has published a research paper on the contribution of the insurance industry to UK tax revenues, and how the UK tax system impacts insurance companies.