Selling of ERC's $7.5B Portfolio Snowballs

Curran, Bill
June 2006
Bond Buyer;6/26/2006, Vol. 356 Issue 32410, p1
Trade Publication
The article reports on the commencement of the selling program of portfolios by Employers Reinsurance Corp. (ERC) in the U.S. Market participants have braced themselves for the liquidation by ERC. The company began putting bonds out for the bid after General Electric Co. finalized the sale of the company to Swiss Re on June 12, 2006.


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