[lbo-talk] good news! insurance industry likely to be unscathed
Carl Remick
carlremick at hotmail.com
Fri Dec 31 08:41:02 PST 2004
>From: Doug Henwood <dhenwood at panix.com>
>
>[The summary of a Merrill Lynch research note.]
>
>Insurance-Non-Life: No Outsized Impact from Tsunamis Expected - USA - 5pp
>
>Highlights: ...
>
>* U.S./Bermuda insurers have a very limited market share in the
>effected areas. ...
Insurers may be unscathed, but Merrill's grammar has taken a battering.
"*Effected* areas"?
Carl
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