Replies to post #40 on LaSalle Re Holdings Ltd. (fka LSRAF)

[temp luvs amy]

"The £30 million increase in investment returns over 2007 represents a return of
7.5% on average invested funds and was the result of a strategic reduction of
exposures to financial institutions and corp rate credits in September 2007."

Sure, they gained 7.5% in investments in pound denominations. The pound lost 40% to the dollar. If they have to pay many claims in US funds, their reserves are in serious jeopardy.