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Thursday, October 30, 2008

Cliff Diving du jour: Insurance Companies

by Calculated Risk on 10/30/2008 02:07:00 PM

From MarketWatch: Hartford Financial loses over half its market value

The company reported a big third-quarter loss late Wednesday and said that it couldn't gauge the amount of extra capital it has because of market volatility.
Harford is off 51%

Assurant Inc is off 25%

Prudential Financial is off 22%

CIGNA Corp is off 22%