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Best’s News & Research Service subscription required - January 16, 2018 04:23 PM (EST)

GE Chief: Legacy Reinsurance Business Review Prompts Pretax $9.5 Billion Charge

General Electric is taking a pretax $9.5 billion charge in the fourth quarter and will add $15 billion to statutory reserves following a deep review of GE Capital’s legacy reinsurance business, . . .

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