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To: elpolvo who wrote (5780)9/16/2001 11:55:45 PM
From: piscatologist  Read Replies (1) | Respond to of 104155
 
<what are reinsurance stocks?>

it is my understanding that companies that insure against major calamities most often reassign the risks to a larger company (reinsurance companies). it has been a while since i read a book about warren buffet, but i think berkshire hathaway is one of the largest reinsurers in the world.