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2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

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InvestmentsMortgage

AIG sells United Guaranty to Arch Capital Group

Purchased for about $3.4B

[Update Aug. 15: Story updated to show AIG closed the deal on Monday after the original article went live]

American International Group sold its mortgage-guaranty unit United Guaranty to Arch Capital Group for about $3.4 billion, according to an article in The Wall Street Journal by Leslie Scism and Joann Lublin.

From the article:

AIG’s mortgage-insurance operation, with about 20% market share in the U.S., has been one of the company’s star performers of late. But it is considerably smaller than AIG’s other businesses and has long operated as a separate entity. That makes it easier to divest than other parts of the company—one of the world’s biggest property-casualty businesses with a leading U.S. life-insurance operation—as it seeks to slim down and make good on the ambitious capital-return pledge.

Back in March, American International Group said it planned to take United Guaranty public later this year, ceding to pressure from activist investors, according to a report from Bloomberg.

The Bloomberg report states that United Guaranty’s initial public offering is currently slated to be for $100 million but notes that the amount could possibly change.

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3d rendering of a row of luxury townhouses along a street

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