so they own the prefs and possibly the bonds .....ING and AXA have already moved to 8 times .........but AEG still hangs in at $6/share .less than 45% of what they own ..Gov bnds,stks,Re and CASH ........they've cleaned out 10 billion since 2008 .a true treasure chest now ....IMO
IMO wouldnt be a good move. Management is not impressive and the Dutch government had to bail them out 2 years ago. Prem and his team want excellent people at the helm. Yes I understand why Fairfax had CDS on them.