fxtrader07

Why I'm Not Concerned About Reinsurance Group of America

You give the impression that the quarterly miss was due to quite of normal fluctuations in death claims. But, a larger part of the miss comes from a significant investment loss of 155 million. even though mgmt is pretty much convinced that most if that loss will be reversed over the longer run, this IS a very important issue, no? When an insurance company reports significant losses in their investment protfolio, it is ALWAYS a cause for concern, because it is these investments (along with smart underwriting) that ultimately creates (or destroys) the value.
So i am not holding my breath here- there may well be more negative news in store from the company next quarter if the current liquidity and credit market crisis continues or worsens.