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American Overseas Group Limited Message Board

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  • girthner21 girthner21 Mar 22, 2011 11:03 PM Flag

    FGIC Annual Out

    FGIC labels the column as known case loss reserves.....would this mean RAM has reserved this amount for what they (RAM) thinks they could pay or is it the amount ceded by FGIC? RAM previously mentioned in their annual statement from last year that they had reserves 30% higher than the primaries expected ceded loss estimates. Translated, RAM's 53M reserve amount could be about 15M higher than actual ceded loss estimates from primaries. I could be totally wrong, but just a thought.

 
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