re: cix goldman sachs redfaces about
sorry tiger, no additional news at present.
i am pretty close to the insurance industry and hear a fair bit of market gossip about CIX. . . .but not comfortable posting all of it on this forum.
suffice to say, i think that Gross Written Premium will look OK at the full year on an annualised basis. . . .but that this might disguise the fact that the business has been written at cut-throat pricing.
The fact that volumes are OK can be confirmed with google searches. . . . i search on "calliden underwritten" -
CIX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held