SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (5605)2/15/2002 2:57:18 PM
From: Hawkmoon  Read Replies (3) of 33421
 
He also said an insurer should confine its underwriting to businesses that could withstand a significant loss and still report a profit, and it should limit the business it accepts to avoid numerous losses from a single event that could threaten the company's solvency. "All those rules were broken at General Re

Translation: Higher costs across the board for companies trying to diversify their risk through re-insurance. And these costs will get passed down the line.

And if it happened at GeneralRe under Buffet's managment, lord knows what state the rest of the reinsurance industry is in.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News