US insurers lose over $800 million on SVB bank collapse

The US insurance industry may face as much as $800m in losses from investments in failed US bank Silicon Valley Bank, the nation's 16th largest bank which was shut by regulators as depositors raced for the exits.

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Insurance, Investments, Credit Default, Swiss Re, The Hanover, AXA, WR Berkley, SVB Bank, US

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US insurers lose over $800m on SVB bank collapse

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