Insurers Current Crisis RSA etc..greenspun.com : LUSENET : Repossession : One Thread
What is everyones view regarding the current situation regarding insurance companies chasing MIGs etc.. I notice today that RSA are in real trouble. Will this make them more active to claim funds or withdraw resource to save money(e.g. leave us alone!). Maybe it will make no difference as they have sold to debts on..Any one got a view?
-- Simon (firstname.lastname@example.org), September 21, 2001
My view is that mig shortfall chasing is seen as easy money and in the unlikely event of RSA going under they would sell the list on as an asset. Viz chasing even harder, I'm not sure they could do more than they are. I hope not.
-- (email@example.com), September 22, 2001.