Insurance Stocks 2008 And After

[Survival2006]

I personally view the insurance stocks in my Portfolio as medium to long-term stocks hence I am personally not too bothered about the fluctuations in the prices of these stocks, even though I have bought them virtually at their peak prices.

But I have been wondering, and don't know if it is safe to find support in my expectations. And what are they? Now my questions:

1) How will the release of the Insurance Capitalization funds trapped in the Escrow account with the CBN impact on the performance of insurance companies who were successful in scaling the recapitalization hurdle? and

2) Is anyone aware if government has started implementing the announced 45% local content insurance policy especially in the Oil and Gas sector?

It will be appreciated if those who have any info can share with the public here. Your contributions are indeed invaluable. Regards

[zubychyle]

i'm having a problem making up my mind on the insurance stocks to pick. the last i read of their pending suite was lastweek. does anyone know what the latest is? i also need a genuine advice on the stock picks in this sector as i'm looking to buy into atleast 2 companies.

i've been reading a lot on this forum and i must confess its very informative. kudos to all the contributors.

nice one.

[bigboylarry]

This will be the new Goldmine coming 2008. so dont underestimate any insurance company 4 this breakthrough.