Fran Lysiak |
As
"We do not believe traditional regulated insurance activities generate or amplify systemic risk to the U.S. economy," said
Once the company has de-banked to return capital to shareholders,
"Based on these considerations, we will bring a recommendation on capital deployment to our board of directors," he said.
In last year's first quarter,
On
Its first-quarter 2012 results also included a
Nevertheless, Kandarian said
In early March,
Once the transaction closes, "our de-registration as a bank holding company is expected to follow shortly thereafter," Kandarian said, noting the timing could vary based on the regulatory review process.
On
In last year's first quarter,
On the morning of
(By
Copyright: | (c) 2012 A.M. Best Company, Inc. |
Source: | A.M. Best Company, Inc. |
Wordcount: | 708 |
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