capital raising ?, page-5

Lech....they have $23Billion of Cash or Cash equivalents on their balance sheet. They don't need to raise any capital !!! Also as per their April update....they can raise debt through hybrids at 5.4% interest....so they don't need to have an expensive capital raising...

Its fallen harder then other stocks this week as interest rates will be low in the States for the next two years....and the current sentiment is that rates will be cut significently here as well...

they have 30% of their cash in the states....and 35% here.....whilst it has not performed well for anyone who bought it before last friday.....keep in mind its a significent part of our index....pays an excellent dividend yield.....and its global nature means its got a more diversified and defensive nature then other stocks in the insurance space...