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Trenwick Group Ltd. (TWK) Message Board

  • cigarbat cigarbat Dec 5, 2002 3:56 PM Flag

    jeanieweanie_us

    As to the LOC. Depending upon their collateral, I wouldn't do anything until the actuarial review is complete (within the next 30-60 days).

    AT BEST they should extend until that time and then bail if its real bad.

    If it was me? I would bail today with my $400 Million and invest anywhere else. I think within the next few months, the US companies will probably be seized.

 

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