Home > Talkback
National News

Viewing comments for:

Report: Underwriting Hurt Insurers' Bottom Lines in 2007

National News • April 11, 2008
Steep declines in underwriting profits hurt bottom lines for property casualty insurers, which saw their 2007 profits slip slightly from a year earlier, a new report from three industry groups ...

Insurance Journal is not responsible for the content of the message below.

Subject: RE: SHAME ON OLD PRO

Posted On: April 11, 2008, 1:53 pm CDT
Posted By: Nobody Important
Comment:
Old Pro, if you had read the article you would have seen this paragraph. "Even so, underwriting results weren't good enough for insurers to achieve the rate of return typically earned by firms in other industries, said Murray. Fortune 500 firms, for instance, have a 13.9 percent long-term average rate of return, he said." Companies that don't make a decent rate of return don't get capital. Basic economics. Poor underwriting in these cycles always kills our capital influx. I have been around long enough to see us shoot ourselves in the foot several times. We never learn, you should have.
Subject Posted By Posted On
Here's the fix The fixer
Apr 14, 2008, 10:13 am
RE: RE: RE: RE: SHAME ON OLD PRO PHILYAW
Apr 11, 2008, 6:31 pm
RE: RE: RE: RE: SHAME ON OLD PRO WATCHING THE BLIND
Apr 11, 2008, 6:30 pm
RE: RE: RE: SHAME ON OLD PRO Old Pro
Apr 11, 2008, 2:09 pm
RE: RE: SHAME ON OLD PRO Blame the underwriters...again
Apr 11, 2008, 2:08 pm
RE: RE: SHAME ON OLD PRO Old Pro
Apr 11, 2008, 2:07 pm
RE: SHAME ON OLD PRO Nobody Important
Apr 11, 2008, 1:53 pm
SHAME on IJ for the "spin" of this story! What HURT?! Old Pro
Apr 11, 2008, 1:23 pm
Back to article

Post a Comment

.