Wednesday, September 17, 2008

Insurers that stand to gain from AIG's pain (ACE; )TRV

From the Financial Post:
The Travelers Companies Inc. and ACE Ltd. are among the names that could benefit most from AIG’s credit woes as they are its biggest competitors in the large industrial risk, excess and surplus, and directors and officers liability markets. XL Capital Ltd. is also in the group of competitors that should be able to gain market share across many of AIG’s product lines, but others could also feel some pain, Goldman Sachs analyst Thomas Cholnoky told clients....MORE