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Non-Tech : Insurance cos (proposed buy outs, etc. discussion)
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To: Carey Thompson who wrote (25)11/7/1999 5:53:00 PM
From: QuietWon  Read Replies (1) of 55
 
Several ins co's, those with longer term liabilities eg. life insurance and payout annuities, likely will be experiencing market value losses as interest rates rise, thus while looking attractive on a book value basis, will look less desirable on a market value basis.

thx, Carey for he post - was that the enitre article? Could not access WSJ, as req'd registration
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