tag:blogger.com,1999:blog-4570035285109925151.post5685024196227194146..comments2023-12-17T16:17:02.995-05:00Comments on Evidence Based: The Hartford: Paulson Advocates a Break UpPRIUMhttp://www.blogger.com/profile/08312762637862278622noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4570035285109925151.post-91488108177436425282012-02-15T10:26:26.528-05:002012-02-15T10:26:26.528-05:00I once worked for a multi-line company in which th...I once worked for a multi-line company in which the profit generator was the group LA&H lines. If anyone suggested in the seventies that the company would shed this line, they would have been laughed off the planet. Surviving the reign of Sandy Weill was more challenging to the culture than divesting its group business. It still thrives. <br /><br />If the historical rap is true that insurance underwriting is just a feeder for investment income, it seems that the current medium term economic environment worldwide and healthcare reform in the US present earnings challenges to the insurance industry period: multi-line or not; P&C or LA&H. Break-up is an option; not necessarily a performance solution.Sidney F Galehttp://imcontrols.comnoreply@blogger.com