Dissent on Triple-S Management II | Value Investing News

Dissent on Triple-S Management II

  • I don’t short, but if the price drops severely if/when Propiedad (the P&C subsidiary) goes into insolvency, I will buy in again.
  • 2) If Propiedad goes insolvent there may be an effort to allege or force the parent company to stand behind all claims.
  • Propiedad has made statements like Triple-S stands behind Propiedad, but those are far short of a “full faith and credit guarantee” from the parent company.
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