AIG secures $300m of indemnity reinsurance coverage for MI portfolio

10-05-2016

American International Group (AIG) has announced its mortgage insurance business United Guaranty Corporation (UGC) obtained $298.6 million of indemnity reinsurance from Bellemeade Re II, a special purpose insurer, for a portfolio of mortgage insurance (MI) policies issued in 2008 and prior years.


American International Group, AIG, Mortgae insurance, United Guaranty Corporation, Bellemeade Re II, Insurance, Reinsurance, Donna DeMaio, North Ameruca

Intelligent Insurer