Who are these analysts who keep telling us this would be a great deal? In my next life I want to come back as an analyst, telling people what I think, and some crazy person paying it for that! What a gig!
Job losses are terrible and detract from the overall economy. But, for those of us in capacity constrained states like Florida, this would essentially take more capacity off the table. I’m sure Evan’s dream is the turn the ACE/Chubb company into the AIG his father once commanded but it doesn’t look like that is possible in this completely connected and massively risky world. We would all be better with many, many insurance companies, spreading the risk, taking different approaches to solutions and competing for opportunities. Otherwise you end up with….Google or Facebook or Twitter and we know where that leaves us.
Who are these analysts who keep telling us this would be a great deal? In my next life I want to come back as an analyst, telling people what I think, and some crazy person paying it for that! What a gig!
Buyouts and mergers always result in the loss of jobs, and these losses could be massive. Do we really want that now in a weak economy?
Job losses are terrible and detract from the overall economy. But, for those of us in capacity constrained states like Florida, this would essentially take more capacity off the table. I’m sure Evan’s dream is the turn the ACE/Chubb company into the AIG his father once commanded but it doesn’t look like that is possible in this completely connected and massively risky world. We would all be better with many, many insurance companies, spreading the risk, taking different approaches to solutions and competing for opportunities. Otherwise you end up with….Google or Facebook or Twitter and we know where that leaves us.