Is Bank Insurance Worth Less Than Book Value?

Bank insurance had an under rating profit all the time. If you have it, it would be b a nd c insurance, like all lon were all un worred. I don't know if they had th ts um in here. S what you're saing o focrus y. But, um, their leverage wis very low is one and about one-tenth of 1 percent. And then there's other things to consider, like tax rates and leveraged investments. In this case, those weren't really big factors because,  their rate wouldhave been a little bit lower.