“5 Notes on GE’s $15B in LTCI Reserve Contributions,” by Allison Bell, ThinkAdvisor
“GE startled the company’s investors today by announcing that GE Capital will have to add $15 billion to its reserves over seven years, mainly to cope with a trend of adverse claims behavior in its LTCI book of business.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
More on today’s GE bombshell.
5 Notes on GE’s $15B in LTCI Reserve Contributions
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