Wednesday, July 18, 2007

How the insurers are treating the situation

Sub-prime uncertainty

Aegon and ING, the Dutch insurers, each have exposure of $4 billion to US sub-prime mortgage markets. Not to worry, less than 10% are defaulting....... (But the lenders don't start paying real money till Year 2...Doh!!)

Posted by alan @ 02:18 PM (488 views)
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