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Reinsurers Wary of Low Returns, Reserving Trends, Storms to Come

National News • June 23, 2008
Two consecutive years of record earnings in the property and casualty insurance industry driven by lower catastrophe losses and healthy investment returns, along with unforeseen risks brought on ...

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Subject: RE: soft market?

Posted On: June 24, 2008, 4:38 pm CDT
Posted By: Not Bill S.
Comment:
I was at a dinner with Paula (Safeco) and she is still telling anyone who will listen that the market won't harden until late 2009 or into 2010. Now I'm not sure how credible someone from the utilities industry is, while posing as an insurance CEO, but I get the feeling that she has some insight from Lib Mutual folks who do not have to report to stockholders. Get it? Lib Mutual / Safeco / Liberty Regional Carriers / Wausau will continue to drive this soft market until their combined ratio's are crawling around 120. And that could take 2 more years. What else is new?
Subject Posted By Posted On
RE: soft market? Not Bill S.
Jun 24, 2008, 4:38 pm
soft market? Chapter 11 Mutual
Jun 24, 2008, 3:36 pm
RE: Tell us something new ! Bill S.
Jun 24, 2008, 9:19 am
Tell us something new ! Mr. Obvious
Jun 24, 2008, 9:06 am
Low Returns Nola Hap
Jun 23, 2008, 8:20 pm
Reason for Cycle John Smythe
Jun 23, 2008, 1:19 pm
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