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  1. 24-05-2016, 03:28 PM #11
    BIRMANBOY
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    True that's why there's all that re-insurance going on..to ameliorate the risks. They never completely die however just get absorbed into "luckier" better financed entities. However yes not that's going to help an investor much if it happens. Still relatively infrequent though.
    Quote Originally Posted by peat View Post
    In New Zealand there has been Standard Insurance , and following the Canterbury EQ's both AMI and Western Pacific went under.
    In the USA there has been AIG and much earlier CONSECO.

    So it does happen. Note I am not suggesting Tower will.
    But lets face it, insurance is a risky business.....
    Last edited by BIRMANBOY; 24-05-2016 at 03:29 PM.
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