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zipjet

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zipjet

Re: jbog post# 87890

Monday, 12/21/2009 5:26:47 PM

Monday, December 21, 2009 5:26:47 PM

Post# of 257259
>>Property and Casualty Insurers have a pay ratio of 40%...

Last time I looked most of them had payout ratios over 100% and made all of their money on investment returns. Admittedly, it was some years back that I looked. There were a few companies that made money on the premium. But if the p/o is really down to 40% they should be very profitable.

ij

There are times when rules and precedents cannot be broken; others when they cannot be adhered to with safety. (Thomas Joplin)

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