AIG has formed a huge Bermuda-domiciled run-off vehicle called DSA Reinsurance Company (DSA Re) to house around 80 percent of the total life and P&C insurance reserves in its legacy division, backed by around $40bn of invested assets.
AIG has formed a huge Bermuda-domiciled run-off vehicle called DSA Reinsurance Company (DSA Re) to house around 80 percent of the total life and P&C insurance reserves in its legacy division, backed by around $40bn of invested assets.