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7.12.2007

Insurers Exposure

In Dow Jones Newswire:

"Big insurers that invest in bonds backed by home mortgages are for the most part unlikely to take big hits if homeowners continue to default on their loans, analysts say, because most of the companies limit their investments in below-investment-grade or high-risk securities."

Last time i checked, the prices for AAA and AA on the ABX index were also down....