SoxFirst’s NewsCloud Journal

The subprime disaster is hitting insurers hard with Fitch Ratings saying US life insurers have an estimated $7 billion to $8 billion in unrealized losses on subprime. There are several reasons why insurers will be the next big victims. And everyone will pay.

Read the full story

This entry was posted on Friday, February 22nd, 2008 at 1:10 pm and is filed under insurers, subprime. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. If this a substantial original entry, you can post it to NewsCloud.