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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (37022)3/18/2010 4:37:25 PM
From: Spekulatius  Read Replies (1) | Respond to of 78515
 
re VR - disasters like Chile are pretty much why re-insurers are in business. A 270M$ claim would be 7% of tangible book. I would think that market cap losses higher than the amount of losses during the quarter compensated somewhat by operating earnings are not justified, unless there is reason to believe that their underwriting is poor. Same situation with FSR (which i own).