P/C Insurers’ Net Income, Profitability Fall Sharply in First-Half 2008

October 1, 2008

  • October 1, 2008 at 7:20 am
    You forgot... says:
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    Sherlock, you forgot snot nosed, still wet behind the ears, won’t listen to anyone, know better than everyone else jerks that can’t learn from what happened before…..

  • October 1, 2008 at 1:59 am
    Matthew says:
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    Third quarter reporting is going to be a train wreck. Investment losses associated with companies holdings in Fannie Mae and Freddie Mac, along with stock & bond losses are going to be huge. The effects will be interesting on the entire industry.

  • October 1, 2008 at 2:50 am
    nobody important says:
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    Soft market pricing won’t help either.

  • October 1, 2008 at 3:00 am
    The idea guy says:
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    Maybe P&C insurers could start charging rates that will help withstand the current climate. It might help….ya think?

  • October 1, 2008 at 3:16 am
    insurance geek says:
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    been through 2 hard markets – both were precipitated by the stock market tanking – fasten your seat belts, its going to be a bumpy ride!

  • October 1, 2008 at 3:36 am
    Sherlock says:
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    Stop sending out over-testeroned, under-informed, naive about their real future young men and women to undercut everyone’s sensible pricing.

    Fire all the middle managers in the brokerage houses. Put the big shot upper management on the street and see if they can make it. They mostly got there by marriage or inheritance anyway–can they do the work they require of others. I think not!

  • October 1, 2008 at 4:27 am
    John says:
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    Where did all the money go when when things were good? Don’t insurance companies save for a rainy day?

  • October 2, 2008 at 4:32 am
    Pud says:
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    These companies just shifted the money from one place to the other to keep a float!

  • October 2, 2008 at 4:39 am
    Pud says:
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    Deservingly so!
    You forget how these idiots screwed themselves in the markets back in the early 80’s.History repeats itself and as I said robbing Peter to pay Paul.
    There is no wrong there is no right only data to be manipulated and Wall Street has screwed everyone!
    Why isn’t the National Association of Reators and the Bank peoperty aprraisers being held accountable for this crisis they are most to blame for it?
    Selling ’00k homes to dummy’s for 250k is quite a profitable business.I think they should have some accountability but no let’s just piss more money into the wind!

  • October 2, 2008 at 4:41 am
    pud says:
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    There go the thumbs again.That last post should read 100k homes.The rest of the typos well you get the point.



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