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Insurance News: Watchdogs Cut Insurance Businesses Lose Posted By : Cheryl Weisz

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Regulators have agreed to renounce their insistence that Olympus look for additional financial support from its owners, which is a Connecticut-based private equity firm. Moreover, a particular reinsurance deal that Olympus used in 2009 to put in $18 million to its income statements remains under appraisal.

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