To: BlackJack
British insurers are in big trouble for this very reason. Instead of just making money on the actuarial spreads, they invested in equities to boost returns. Now they are sucking wind.
18 posted on
08/27/2002 5:14:44 PM PDT by
lds23
To: lds23
Hello, good to hear from your side of pond, I hear housing already
slowing down in UK. This time its different. Usually housing
leads economy out of recession. Things in the world are getting
very unstable, period. I bet they are sucking wind, and sound they
will be out of breath.
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