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ISO: U.S. P/C Industry's First Net Gain on Underwriting Since '78 Moves Surplus to Record High

National News • July 14, 2005
Ending a 26-year drought, insurers posted a $5 billion net profit on underwriting in 2004, despite slowing premium growth and a deluge of catastrophe losses. Powered by the best underwriting ...

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Subject: Surplus Extreme

Posted On: July 15, 2005, 2:31 pm CDT
Posted By: R Hatch
Comment:
While I am pleased the industry has recovered so well, what this means is that now we will be going into another price war and stupidity of underwriting so that the cycle of losses will repeat themselves.

While this is good for the buyer now it will hurt everyone in the long run.
Subject Posted By Posted On
RE: Actuarially Proper Premium Values-Claim Settlement Pract LL
Jul 15, 2005, 6:37 pm
Surplus Extreme R Hatch
Jul 15, 2005, 2:31 pm
SURPLUS Success - embarrasing? Hal
Jul 15, 2005, 9:34 am
Actuarially Proper Premium Values-Claim Settlement Practices Roger Poe
Jul 14, 2005, 8:39 pm
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