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Trenwick Group Ltd. (TWK) Message Board

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  • cigarbat cigarbat Dec 5, 2002 2:36 PM Flag

    Worst case senario?

    I've been in the Ins business for 25 yrs. I watching ins. customers bail out of Ins Corp of NY every day.

    Every Credit rating agency is down grading on a daily basis, look at news!

    Today, it was Moodys downgrade, and they specifically state: "...uncertainties surrounding the valuation of intangibles, the adequacy of LOSS RESERVES."