Trigon Healthcare (TGH) Message Board

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Biotech / Medical : Trigon Healthcare (TGH)

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To: Home-Run who wrote (4)	10/8/1997 8:30:00 PM
From: David B. Higgs	of 35

Dennis I'm not well versed in accounting, much less insurance company accounting, so I may be way off base with this. Insurance companies are required by regulatory agencies to carry large reserves to cover future claim liabilites and perhaps the liability side is not factored into the per share cash figure. In other words, perhaps the company has $30 "cash" but also has unearned premium of $20 and incurred but unreported claims of $5 leaving a net cash figure of $5. Again this is just a guess as my financial accounting knowledge is nil. Regards Dave

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