Here they go again! A president reporting to a president reporting to a president reporting to …… How many workering employees do they have to sever this time in order to have the money to compensate these folks? Wonder how the expense ratio looks, especially as written premiums go down.
I was a commercial underwriter for the Hanover in the ’80’s with a pure loss ratio of 35% +/-. My combined ratio, however, was over 105!! Never could find where the expense amounts came from & no one would answer my questions.
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Here they go again! A president reporting to a president reporting to a president reporting to …… How many workering employees do they have to sever this time in order to have the money to compensate these folks? Wonder how the expense ratio looks, especially as written premiums go down.
I was a commercial underwriter for the Hanover in the ’80’s with a pure loss ratio of 35% +/-. My combined ratio, however, was over 105!! Never could find where the expense amounts came from & no one would answer my questions.