InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,399.22
(
-0.51%
)
US TECH 100
18,362.00
(
-0.93%
)
Dow Jones
39,935.07
(
0.20%
)
Brent Oil
81.70
(
0.20%
)
Bitcoin
66,971.53
(
1.80%
)
Post# of 10201
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

msnow

Send PM Follow Ignore
Followers 0
Posts 56
Boards Moderated 0
Alias Born 10/21/2008

msnow

Re: temp luvs amy post# 6371

Wednesday, 11/19/2008 11:01:03 PM

Wednesday, November 19, 2008 11:01:03 PM

Post# of 10201
From what I understood of it, and I'm not in the insurance business is that the reinsurance to close essentially resulted in Canopius assuming the remaining liabilities and assets. In this case the assets exceeded the expected liabilities by quite a bit, and Canopius paid some amount for this. They now 'own' the whats left of 839.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up