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Financial and Housing Crises, Soft Market to Challenge Insurers in 2009

National News • December 4, 2008
The financial and housing crises, along with a prolonged soft market, are converging to create a highly challenging environment for the U.S. insurance industry in 2009, says an industry think ...

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Subject: 20/20 Hindsight

Posted On: December 4, 2008, 12:29 pm CST
Posted By: Pat Beranger
Comment:
With companies posting combined ratios above 100% and the loss of industry surplus, I have a hard time believing we're in for a continuation of the soft market. Companies will need to run underwriting profit to attain a decent ROE. I'll wager a cup of coffee with these folks that the market turns in 2009.

Also, the "brain drain" from baby boomer retirement is a popular subject, but how are most 401-k and pension plans looking these days? I am sure more than a few will end up working longer than expected due to the economic downturn.
Subject Posted By Posted On
RE: RE: 20/20 Hindsight MARKet WATCHer
Dec 5, 2008, 4:36 am
RE: 20/20 Hindsight LARRY LOGIC
Dec 4, 2008, 1:44 pm
20/20 Hindsight Pat Beranger
Dec 4, 2008, 12:29 pm
Where do I send my resume? Thirg
Dec 4, 2008, 10:07 am
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