Willis Analyzes ‘Subprime Crisis’

November 13, 2007

  • November 26, 2007 at 8:32 am
    SEO says:
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    My concern about the situation of insurance companies in relatiion to the current troubles in the the sub-prime mortgage business is not that insurance companies will have a lot of extra claims to pay.
    What worries me is that insurance companies have invested their cash-on-hand into mortgage based securities that may lose a great deal of value. Underwriters’ financial statements are quite obscure on the subject of the type and quality of their security holdings.

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