Scottish Re Group Ltd. shares slumped 23% on Wednesday on concern about the life reinsurer's exposure to subprime mortgages and other home loans. http://www.marketwatch.com/news/sto...17-E832-4498-A1B1-54649886C7E2}&dist=hplatest
I'd like to know insurers' exposure to the cascading liability of directors and officers of the smorgasboard of real estate-tied entities that have blown up and will blow up on schedule over the next months. I simply don't know. Does anyone follow that admittedly niche arena and is it substantial enough to look at for set ups shorting the insurers -- if (obviously) the time for them hasn't passed?