Vendors
日本語
search
  2. //
  3. Reports & insights
  4. //
  5. 89.1% Combined Ratio and Still Lost Money...Ouch!

89.1% Combined Ratio and Still Lost Money...Ouch!

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
11 February 2009
Michael Fitzgerald
I was struck by CNA's fourth quarter results where they reported an improvement over last year's Q4 combined ratio -- 89.1%. Once upon a time, that would have been "golden". But, because they recognized losses of over $300million on mark-to-market actions for some of their investments, they LOST money for the year. What a leadership challenge it is to keep everyone motivated in the face of great results with bad outcomes. Let's all recognize one anothers' efforts to work hard, contribute and push through these unprecidented times.

Comments