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Montpelier Re Holdings Ltd. Message Board

  • deepcreekcapitalist deepcreekcapitalist Dec 16, 2005 9:28 AM Flag

    BW almost as thick as Cramer

     

    'rising rates in 2006 with less competition'
    'fewer reinsurers taking big risks in 2006'
    'hurricanes reverting to usual pattern in 06'


    Gee, I thought a whole new crop of REinsurers was born in Bermuda since Katrina?

    rising rates ? yeah, maybe, what about adverse selection for the downgraded RE dogs?

    less competition? wrong

    fewer reinsurers ? wrong, & opposite is true

    hurricanes revert to norm? really ?? And what if 2006 was the beginning of a major hypercane change, for decades ?

    Wasn't Business Week the grand publication that ran a headline in August 1982 about "The Death of Equities" ? Or was it Fortune?
    Yeah, remember Bermuda dorks, the DOW JONES Ind. Avg. was below 800 back then. Nice call from a business magazine!

    Deep

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