'Unsurpassed' Ratings and 'Junk Insurance'
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'Unsurpassed' Ratings and 'Junk Insurance'

01 November 2004
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Insurance stocks are not as richly priced as they were in 1998, when investors and insurance-company CEOs alike seemed to believe that an insurance-company charter guaranteed a fifteen-percent return on equity.

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News November 2004/1
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