Thu, Jan 29, 2015, 2:53 PM EST - U.S. Markets close in 1 hr 7 mins


% | $
Quotes you view appear here for quick access.

Old Republic International Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • kevinf1_99 kevinf1_99 Oct 27, 2012 11:00 AM Flag

    ori CANNOT escape the liabilities of the cci business

    Yes, basically that is what I said...CCI is not walled off, but the MI parts of RFIG are presumably walled off. At least the impact from CCI was much lower than last quarter. But as I posted here and have written on seeking alpha, I am more concerned on CCI than the MI stuff. Since CCI is really hard to quantify the full exposure, alternatives, etc.

    So while you can see what it looks like without CCI impact, you really dont know that CCI will stop at a certain point, stay at losses of 6M per Q, dont know the timing, etc. I mean, we really have no way to know the max exposure, which I believe is one of the dark clouds hanging over the stock.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Well, we had a pretty good pullback off earnings - don't know if it's because the general insurance company earnings disappointed or because the CCI loss was greater than expected.

      I think they do work through this and you'll be glad you bought the stock in 2 or 3 years, but it's not a clean story, so will take some time.

14.1839+0.1639(+1.17%)2:52 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.