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Non-Tech : General Electric (GE)
GE 308.97-0.6%Oct 31 3:59 PM EST
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From: Fintas8/19/2019 11:29:53 AM
1 Recommendation

Recommended By
toccodolce

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And GE respond to fraud claims.

The problem is the liars and cheats will continue to say whatever and until GE can get ahead of the negatives one best expect more noise. They liars and cheats use this tactic often.

So from my perspective ZZZZZZ

Fintas

"Our future liabilities depend on variables that will play out over decades, not years, and are dictated by rigorous testing processes, sound actuarial analysis, and the application of regulatory and accounting rules," reads the company's statement. "The correct analysis of insurance reserves comes from our extensive annual process where key assumptions informed by claim experience are updated and reviewed in conjunction with independent actuarial partners, auditors, and regulators."

It also adds that GE is a reinsurer, and that reinsurers are "not responsible for 100% of every risk." The company's contracts "are with a variety of originating companies and cover a variety of risk percentages and contractual
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