Share plunge boost for rates
January was a horrible month. The skies were grey, the weather was cold, the liturgical calendar was...
January was a horrible month. The skies were grey, the weather was cold, the liturgical calendar was bereft of festivities and to round things off nicely, global stock markets plummeted. Unfortunately for the insurance industry, publicly listed insurers did not escape the decline in equity prices, though mercifully prices had recovered somewhat as February beckoned.
Much as we would like to, PB is unable to predict what will happen to the global capital markets in 2008, though it would be a brave
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