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mrholty

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mrholty

Re: temp luvs amy post# 79

Wednesday, 01/26/2011 10:28:36 PM

Wednesday, January 26, 2011 10:28:36 PM

Post# of 118
I contacted them to try and get financials. Unfortunately, no response. Please note that that link is to Trenwick America the new part of which we are not involved.

Further digging led me to find out that atleast part of Trenwick America is in receivership/rehabilitation by the State of New York. My guess is that if they were to try and sell these bonds they will not get face value of $5M.

I hope but I am not so optimistic.
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