1.   For example, banks are barred from underwriting insurance but they can engage in a similar investment risks through the use of derivatives, Greenspan said.

2.   In selling Western Indemnity, Galtney Group steps out of the business of underwriting insurance.

3.   Some analysts question just how attractive a business underwriting insurance is for banks.

4.   Still, national bankers say they hope the OCC will eventually allow them to move into new lines of business, such as underwriting insurance and securities.

5.   It relies on tens of thousands of individual investors worldwide, known as Names, and several hundred companies to provide money for underwriting insurance.