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Montpelier Re Holdings Ltd. Message Board

  • reinsurance.icon reinsurance.icon Aug 25, 2011 9:37 PM Flag

    I R E N E

    Goodnight Monty!

    Bet you dopes wish you did not paid the last 6 Cash dividends!

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    • Silly Boy! Latest estimates are that the cat-3 storm will peter out to a cat-2 after it brushes the Carolina/Virginia area, and that insured losses likely will be around $3 billion -- about 0.5% of the property-casualty industry's capital base in the US. Even if it is double that figure, it is not likely to severely penetrate cat-re attachment points. But you already know that since you are a "reinsurance icon," don't you.

      (I believe your poop-boy has between $8 billion and $12 billion of exposure. Now THAT would dent his cash hord, wouldn't it?)

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