Saturday, October 4, 2008

Insurance company leverage kills...

Here's how its leverage (assets to equity) stacked up against other insurance operations as of December 2007:

AIG: 11 to 1.
Markel (NYSE: MKL): 4 to 1.
Berkshire Hathaway (NYSE: BRK-B): 2 to 1.
Montpelier Re (NYSE: MRH): 2 to 1.
Travelers (NYSE: TRV): 4 to 1.
White Mountains Insurance (NYSE: WTM): 4 to 1.
Chubb (NYSE: CB): 4 to 1.

AIG "knows money" commercial, comedy.

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