Notice: Passwords are now case-sensitive

Remember Me
Register a new account
Forgot your password?



Community Requests

AMA Guides 5th Edition - Impairment Assessment Certification - Register NOW

American Financial, Sun Life and Unicover Scandal

Tuesday, February 1, 2000 | 221 | 0 | 0 min read

American Financial Group Inc. will commute its Workers Compensation reinsurance contracts with Reliance Group Holdings to settle disputes over the book managed by Unicover Managers Inc. (now known as Cragwood Managers LLC). The settlement, combined with other factors, should reduce American Financial's earnings by 25 cents to 30 cents a share. Sun Life Assurance Co. of Canada ,Toronto, will reserve $103 million to resolve conflicts over the reinsurance Workers Comp business generated by Unicover Managers (Cragwood Managers). The charge includes the recent Unicover settlement with Reliance Gro...

Purchase this story for only $9.16!Add to Cart

For access to all of our articles, check out our subscription options.


Be the first to comment.

Related Articles