Posted On: December 2, 2005, 1:23 pm CST

Posted By: Wart

Considering that the industry only produced a ROE of 7%in 2004, property values have skyrocketed, buiding material costs have significantly increased and are increasing due to worldwide catastrophes over the past few years, medical costs continue to spiral upward and the P & C market is beginning to soften siginificantly, shouldn't someone asks those same CEOs if a softening of the market is premature and if they have given adequate consideration as to what impact inflationary pressures will have on future underwriting results and investments -- specifically the bond market.