S&P Puts 10 Insurers on “Katrina” CreditWatch/Negative

September 12, 2005

  • September 12, 2005 at 9:55 am
    RocketMan says:
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    Does anyone kno the reserve levels for AllState and State Farm Ins cos respectively.
    Any help you can with these numbers would be appreciated.

    I am talking about the “Non-Florida Pup” cos. I am not interested in the Fla no’s, thats a lost cause, only a matter of time.

    Wanted to see how close to the “Edge” these writers are gettn with their exposures

  • September 14, 2005 at 12:25 pm
    Dot Hemath says:
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    Not sure what you mean by reserve level. Companies can’t pre-fund catastrophes with anything but unearned premium and policyholders’ surplus.

  • September 19, 2005 at 6:16 am
    BIG J says:
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    By reserves, I’m sure he means surplus…



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