Advocate
01-16-2009, 04:47 PM
Did ya like 2008? Well if so, you poor saps are going to love 2009:
“I.I.I. polled insurance executives who gathered Tuesday at the 12th annual Property/Casualty Insurance Joint Industry Forum in New York”…
Respondents agreed that the p-c industry can expect soft market conditions to continue. Fifty-two percent said they expect no improvement in pricing for personal auto...
“Low interest rates and a weak investment climate are unlikely to provide a significant source of profits for the industry…”
So, if insurers can’t count on increased premiums, interest rates or investment returns, what does that leave? Why expenses and losses of course. :D
Bend over and open wide… :D
Then again, I don’t know nuthin’… :D
http://www.propertyandcasualtyinsurancenews.com/cms/nupc/Templates/website/PrinterFriendly.aspx?{4C57CC9D-9C05-4B15-A4AA-F5D586D56A1F}
“I.I.I. polled insurance executives who gathered Tuesday at the 12th annual Property/Casualty Insurance Joint Industry Forum in New York”…
Respondents agreed that the p-c industry can expect soft market conditions to continue. Fifty-two percent said they expect no improvement in pricing for personal auto...
“Low interest rates and a weak investment climate are unlikely to provide a significant source of profits for the industry…”
So, if insurers can’t count on increased premiums, interest rates or investment returns, what does that leave? Why expenses and losses of course. :D
Bend over and open wide… :D
Then again, I don’t know nuthin’… :D
http://www.propertyandcasualtyinsurancenews.com/cms/nupc/Templates/website/PrinterFriendly.aspx?{4C57CC9D-9C05-4B15-A4AA-F5D586D56A1F}