AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Editorial - This Goldilocks market is baffling.
(From Reinsurance)
Byline: Mark Geoghegan, editor, mark.geoghegan@incisivemedia.com.
You know that on the ratings front, I'm a dyed-in-the wool pessimist, but in the late summer warmth, somewhere near the end of this exceptionally hard-market cycle, I have started to suffer from some nagging doubts.
Just like a traditional stock analyst at the height of the dot.com bubble, I'm beginning to wonder if the young kids are right, and there really is a 'new paradigm' after all. Being wrong for so long is starting to make me look more than a little foolish, and I've been out of the super-heated market while all the kids that I dismissed as fools two years previously have multiplied their money many times over. Maybe the hard-market party can carry on for a good while longer - who knows? Perhaps indefinitely.
But just as I start to wonder if this market is ever going to soften significantly, I remember that I have to have faith in the fool lurking in the heart of all humans.
One good year's result, and an underwriter is praised for his good fortune.
Two in a row, and he gets a hefty bonus. A third successive year in the black, and he might start believing that he's a bit special. A fourth great year ... well, that's never happened in my lifetime, so no worries there.
- A Goldilocks market sees 'medium' houses boom.(real estate)
- Magazine article from: Financial Adviser August 25, 2005 700+ words
MEDIUM-sized homes are set to boom in price, despite the stagnant market, due to a shortage of spacious homes for British buyers. According to property website propertyfinder.com, demand is outstripping supply when it comes to the size of a home. As a consequence, there is a surplus of small
- PLGIT Announces 2001 Results; 20 Straight Years of Growth in Assets and...
- Press release article from: PR Newswire June 27, 2002 700+ words
...released results from its 2001 annual report, showing 20 straight years of growth in both assets and number of participants. PLGIT...assets climbed to $3.59 billion. -- PLGIT marked 20 straight years of membership growth. At year's end, PLGIT served 2...
- Suncare in the United States 2008 - The Market Has Enjoyed Three Straight Years...
- Press release article from: M2 Presswire September 19, 2008 700+ words
...in the United States 2008 - The Market Has Enjoyed Three Straight Years of 10-12% Growth Beyond 2008, However, Continued Growth...suncare products. As a result the market has enjoyed three straight years of 10-12% growth. Beyond 2008, however, continued...
- Numbers rise for 4 straight years.
- News wire article from: Record (Hackensack, NJ) March 18, 2005 700+ words
...spectrum, Utah spent the lowest amount in the nation at $4,860 per student. New Jersey spending has risen for four straight years despite a series of lean state budgets. As part of a plan to address a multibillion-dollar budget deficit, acting Governor...
- Credit unions incur losses for four straight years.
- News wire article from: Asia Africa Intelligence Wire October 8, 2002 700+ words
...Forty-two percent of domestic credit unions ended in the red in the first half of this year, marking losses for four straight years, the Financial Supervisory Service (FSS) said yesterday. Among them, 188 were found to be suffering from complete erosions...
- Regine has been doing Valentine shows for nine straight years.
- News wire article from: Asia Africa Intelligence Wire February 15, 2003 700+ words
...a peak season for performing artists, including Regine Velasquez. The Songbird has been doing Valentine gigs for nine straight years. Annual tradition She had her first Hearts' Day performance in 1988's "Regine at 17," and returned to the stage two...
- Buffalo, N.Y., region lost 1,300 jobs last year; losses in four straight years.
- News wire article from: Knight Ridder/Tribune Business News January 21, 2005 700+ words
...push factory employment to an all-time low of 65,500 in December. The region's manufacturers have lost jobs for nine straight years -- a period that has claimed more than one of every five factory jobs in the region. But the region's employers in the...
- United Way campaign could fall shortAgency has met goal for 83 straight years.
- Newspaper article from: Chattanooga Times/Free Press (Chattanooga, TN) November 11, 2006 700+ words
...Friday they could fall short on their community campaign goal of $11.6 million. The organization has met its goal for 83 straight years, but officials set a mark this year $400,000 higher than in 2005. "We're continuing to work," campaign Chairman...
- Suncare in the United States 2008 - the Market Has Enjoyed Three Straight Years...
- Press release article from: Business Wire September 19, 2008 700+ words
...sunscreen has combined to create a receptive audience for new suncare products. As a result the market has enjoyed three straight years of 10-12% growth. Beyond 2008, however, continued growth is more uncertain. Awareness of the dangers of the sun will...
- MTVN Vice Chairman and Nickelodeon Networks President Herb Scannell to Leave...
- Press release article from: PR Newswire January 4, 2006 700+ words
...lead such an exceptional team, which has built some of the strongest brands in our business." Scannell Led Nick to 10 Straight Years as #1 Cable Net and Expanded Business into Consumer Products, Movies & Digital Media Mr. Scannell began his career...