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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (19768)12/28/2004 7:45:27 PM
From: RealMuLan  Respond to of 116555
 
I think they were hit pretty bad because of 9.11



To: maceng2 who wrote (19768)12/28/2004 7:49:01 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
Reinsurers concentrate risk, they do not spread it. They are the opposite of what insurance is about. One day they are going to be hit bad and we will all learn the lesson that needs to be learned imho.

I am going to post that as the "thought of the day" on the fool.
thanks

Mish



To: maceng2 who wrote (19768)12/28/2004 7:51:45 PM
From: mishedlo  Respond to of 116555
 
Thought of the Day
Reinsurers concentrate risk, they do not spread it. They are the opposite of what insurance is about. One day they are going to be hit bad and we will all learn the lesson that needs to be learned imho.

Stolen From Pearly on SI

Mish
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That was my post on the FOOL


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