Enormous Sums Of Money

16 March 2002


G.E. Weighs Sale of a Unit That Insures Other Insurers. General Electric is considering selling its commercial insurance business just as the industry is rebounding from heavy losses from the September terrorist attacks. [New York Times: Business]
If you have an interest in the megacat (mega catastrophe) insurance and reinsurance business, I continue to recommend Warren Buffett’s letters from the past few years.

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