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Re: irishintelligence post# 8561

Tuesday, 11/14/2017 10:34:18 AM

Tuesday, November 14, 2017 10:34:18 AM

Post# of 11618
i would think with Re-insurance we lose the premiums earned. It might free up the unearned premioums, and the reserves. The effectively become self insured. the NY regulator, will certainly be challenged.
oF course the ugliest stuff will be on the books.
The only reason to do this would be to free up money.

Regarding un earned premiums- they might go to the reinsurer as part of the "deal" lots of speculation here.

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