I have spent years in the insurance sector and can tell you that long term care is difficult to price and GE has illustrated this with a $6.2 billion write down on insurance and a $15 billion dollar over seven year reserve ratio increase. That is $21 billion for a company with a market cap of $140 billion and $160 billion of debt (yes, you read that right). GE was one of the first components of the Dow back in 1897, yet here we are, a sign of the times, or just company specific?
To make matters worse this blue chip has had some interesting accounting procedures that have been likened to Enron or Tycho. The once revered Jack Welch was using the different divisions to move assets around in which eventually caught up to GE in 2009. GE is down 30% for the year (http://money.cnn.com/2017/10/25/investing/ge-stock-dow-exit/index.html) Is this a harbinger of what is to come?