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GLG News by Property & Casualty Insurance Underwriters

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January 21, 2008
In This Soft-Market, Reinsurers Grow With Caution, Price Accordingly And Wait For The Next Disaster.
Analysis of: Reinsurers Start Losing Their Leverage As Commercial Market Keeps Softening | www.propertyandcasualtyinsurancenews.com
Author: GLG Expert Contributor
Reinsurers Grow With Discipline Learned From The Past
January 14, 2008
Smaller "Cats." Mean More Capacity, More Competition, More Financial Discipline.
Analysis of: Builders Risk Premiums Keep Falling As Soft Market Expands Into Cat Zones | www.propertyandcasualtyinsurancenews.com
Author: GLG Expert Contributor
The Insurance Industry Has Capitalistically Evolved New Business Models That Have Prepared It To Remain Profitable After the Next Wave of Disasters So Long As Fiscal Discipline Is Applied In A Greater Way .
December 26, 2007
When Volume Is Higher, Management Must Be Better
Analysis of: Top-10 P-C Insurance Stories Of 2007 Focus On Soft Market, Poor Reputation | www.propertyandcasualtyinsurancenews.com
Author: GLG Expert Contributor
"Volume solves all your problems", but pricing still must recover both expenses and the targeted Net Margin.
December 17, 2007
Governments At All Levels Must Partner With The Insurance Industry As Business Entities, Or The Public Will Fail.
Analysis of: Public Partnerships Critical For Insurers in Catastrophe-prone Regions | www.insurancetech.com
Author: GLG Expert Contributor
Litigating and disciplining the Insurance Industry, outside of sound, ethical, business reasons  are not profitable methods of encouraging recovery for 2008. 
December 17, 2007
Though Rate Decreases Are A Relief To The Public, They Must Occur As The Result Of A Sound Business Model- Not A Government Mandate.
Analysis of: Home Insurers Fail To Deliver State's Promised Cuts | www.ccfj.net
Author: GLG Expert Contributor
Unrealistic and arbitrary Government mandates work well for issues political, but not for those that are fiscal.
December 10, 2007
Allowing For a Flexible, Adaptive Business Plan means Growth, if not Survival During Catstrophic Events.
Analysis of: Insurance Companies Look Back On A Successful Year | www.kpmg.com
Author: GLG Expert Contributor
The Insurance Industry learned from the unpredictable, but certainly expected catastrohpic events earlier this century. The successful Agencies and Carriers adapted and now use business models the industry has not yet seen- they are teachable and will evolve into an even higher form. 
November 26, 2007
The Surety Bond market for Subdivision Developers and General Contractors facing crisis due to the credit ratings of these entities.
Analysis of: US Sub- Prime Crisis and the Local Bond Market | biz.thestar.com.my
Author: GLG Expert Contributor
As Home Builders see declining credit ratings and some of our most well known Builders and developers go insolvent, Surety Bonds are now very difficult to obtain.
November 26, 2007
Growth Through Acquisition
Analysis of: Guaranty Insurance Services Announces Acquisition | www.insurancenewsnet.com
Author: GLG Expert Contributor
With so many licensed Insurance agents in the market place these days competing for the same household and many unrelated  companies offering insurance to their customers, it's not only hard to grow a new agency, it's hard even to grow an established one.
November 26, 2007
Is Insuring The Client's Business Enough?
Analysis of: D&O Litigation Trends in 2007 | www.irmi.com
Author: GLG Expert Contributor
Even after the Business Owner's Policy has paid a party/parties injured by the company, those that run the company could, and most probably will, face litigation in which they are the subject
November 25, 2007
Home Owner's Insurance Market Finally Softening
Analysis of: Olympus Insurance Begins Writing Homeowners Policies in Florida | www.insurancejournal.com
Author: GLG Expert Contributor
Competition, not regulation, has brought about the first stages of recovery.

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