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US insurance company collapses

Language: English Series: Independent on Sunday ; 21/7/91 Business page 8Publication details: 1991Subject(s): Summary: An American insurance company, Mutual Benefit Life `s investment in property has proved fatal as the drop in property values meant the investments were insufficient to cover the company`s obligations.

An American insurance company, Mutual Benefit Life `s investment in property has proved fatal as the drop in property values meant the investments were insufficient to cover the company`s obligations.