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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (5605)	2/15/2002 9:42:29 AM
From: Logain Ablar	Read Replies (1) \| Respond to of 33421

John: I like Swiss Re, Munich Re on the European side then Ace and XL in Bermuda. Ace and XL have been consolidators over the past few years gobbling up the other Bermuda reinsurers created after Andrew in 92. Tim

To: John Pitera who wrote (5605)	2/15/2002 2:56:14 PM
From: Hawkmoon	Respond to of 33421

delete.. (double post)

To: John Pitera who wrote (5605)	2/15/2002 2:57:18 PM
From: Hawkmoon	Read Replies (3) \| Respond to 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