National News
Viewing comments for:
AIG: 'Excellent' Chance It Will Repay Government; New CEO Likely Soon
National News • June 30, 2009
American International Group Inc., the insurer rescued by $180 billion of federal bailouts, on Tuesday expressed optimism it will be able to repay government loans as it tries to rebound from ...
Insurance Journal is not responsible for the content of the message below.
| Subject | Posted By | Posted On |
|---|---|---|
| RE: RE: RE: Hard Market? Would somebody please tell Liberty | WAZZUP | Jul 1, 2009, 1:17 pm |
| RE: RE: Hard Market? Would somebody please tell Liberty? | Mr. Obvious | Jul 1, 2009, 12:59 pm |
| RE: Hard Market? Would somebody please tell Liberty? | Jimmy | Jul 1, 2009, 10:08 am |
| RE: Hard Market? Would somebody please tell Liberty? | Lukiehere | Jul 1, 2009, 7:46 am |
| RE: Hard Market? Would somebody please tell Liberty? | Mr Mike | Jul 1, 2009, 7:10 am |
| Hard Market? Would somebody please tell Liberty? | Dally Po | Jul 1, 2009, 5:42 am |
| RE: RE: RE: RE: Buying Business | Former Status Quo | Jun 30, 2009, 7:57 pm |
| RE: RE: RE: Buying Business | mga's trying to survive | Jun 30, 2009, 5:27 pm |
| RE: RE: Buying Business | Neptune | Jun 30, 2009, 1:23 pm |
| RE: Buying Business | not sure | Jun 30, 2009, 1:12 pm |
| RE: Repaying the Debt | I Wonder | Jun 30, 2009, 12:56 pm |
| AIG Made 30%+ Profit Off Bailiout $ | The Thinker | Jun 30, 2009, 12:50 pm |
| Buying Business | T-dub | Jun 30, 2009, 12:37 pm |
| Back to article | ||
Subject: RE: RE: Hard Market? Would somebody please tell Liberty?
The hard markets are caused by idiots underpricing business to gain marketshare. They drive rates below sustainability and the industry follows in an attempt to stay competitive. Eventually everyone sees the errors of their ways and the hard market returns. Idiots again lead the way in posting over-zealous rate increases that annoy our customers.
If the industry could find a little balance that would stabalize the valleys and troughes of the cycle it would benefit both insurers and our reputation.