originally posted by Mr_Ed
The only significance was that it was a published article in Bloomberg News and it related to a major player in the LTCi market.
I thought that this Forum would be an appropriate place to post it.
What was your point of these two statements:
Now, to the layman, (like me) that appears to indicate that the $541 million that Genworth transferred into their LTC Reserves a couple of months ago may not have been enough.
And, if it's not enough, and they have to add another few hundred million dollars to satisfy AMBest in order to maintain any kind of viable financial rating, what say the shareholders?