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Turning Risks Into Opportunities at the London Olympics

As Mitt Romney noted on his trip to London, there were “disconcerting” signs that London may not be ready for the Olympic Games.  Problems including security services, immigration, etc. were all facing the games close to the start.  At Trustco … Continue reading

S&P affirms Lloyd’s A+ rating

S&P affirmed Lloyd’s rating of A+, making it one of the few carriers with such a stable and positive rating.  At Trustco we work with Lloyd’s quite extensively both for our hard to place risks and for our specialty Homeowners … Continue reading

US sells $18 billion of AIG

The Treasury Department announced it’s intention to sell off $18 billion worth of AIG shares in a move that will take the US from position of majority holdings (53%) to a minority group (20%).  More importantly for tax payers, the … Continue reading