Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: rails99 who wrote (17461)	8/17/2002 10:09:09 AM
From: Jim Willie CB	Respond to of 36161

European weather risk probably held by largest Re-Insurers Munich RE took a big hit with 9/11 WTC attack through their American RE subsidiary I have a college buddy who worked for AMRE until July Munich parent handed out some pain via pinkslips they are the largest Re-insurer in Europe I really dont know of any other so that is my guess we are setting up the Mother of All Derivative Chain Reactions ... and it will be worldwide / jim

To: rails99 who wrote (17461)	8/17/2002 1:30:34 PM
From: t4texas	Read Replies (1) \| Respond to of 36161

when the floods started in prague several days ago i saw a blurb on tv that talked about flood insurance in europe and the possible liabilities. i was surprised, but this is what i heard. the report said most of these buildings and homes in the flood plain of these major rivers in europe did not have flood insurance because they could not get flood insurance (it is not offered.). i just offer this as what i heard on this tv news program (i don't remember the tv network.). this report could be uninformed, but does anyone have more info on the flood liabilities of the insurance companies for the european floods?