Friday, November 14, 2008

when will the shoe drop for insurance companies?

Besides AIG, there has not been much noise in and around the insurance industry. How are they affected?
I've heard that some Hartford, CT based companies may have issues, but I wonder what about the rest of the industry.

Many of the life companies have long investment horizons that allow them to more aggressively invest money (and embrace risk).

I wonder what's happening there. Have any of the Big 4 Accounting firms began certifying insurance company financials?

I doubt the traditional parties would be creditable.

Regards, makingourway

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