Silver Lining In Dismal Year For Insurers

2002 was a dismal year in insurance stocksbut with a silverlining!

Just a cursory analysis of year 2002 price movements in ourportfolio reveals a startling statistic. That is, more than halfthe issues suffered double-digit losses. Sixty of the 117 stocksqualified as double-digit downers. Further counting of losers andgainers brought the total to 81 losers and only 36 gainers.

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