“This is a bigger event than Katrina”

THE collapse of the subprime mortgage market will lead to record losses for insurance companies, overtaking the damage bill for Hurricane Katrina, the worst natural disaster in United States history. via Shanghai Daily

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This entry was posted on Saturday, March 15th, 2008 at 10:03 pm and is filed under Life insurance news. 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.