The Subprime Contagion Concerns
Several insurers revealed the impact of the subprime lending and mortgage-linked securities mess on their third-quarter earnings. Ratings firm A.M. Best analyzed the information, as well as provided insight into how greater impacts could still be expected for insurers down the road.
Best's special report on the subprime crisis and how insurance is and will fare, released just before the new year, concludes with ominous warnings of yet-to-be-revealed damage, as well as provides a handy "Subprime Primer" for background.
January 1, 2008
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