Oracle Corporation (ORCL) Message Board

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Technology Stocks : Oracle Corporation (ORCL)

ORCL 224.26

+1.7%

1:00 PM EST

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To: robert b furman who wrote (17662)	11/24/2002 6:19:12 PM
From: BelowTheCrowd	of 19079

Insurance company profitability is dependent on a couple of things. First is the premiums collected, of course. Second is the payouts they have to make to settle claims. Third is their ability to get a good return on their money. This third item has been stretched thin over the past 3 years. That's why insurance premiums started rising and policies started getting cut back even before 9/11. The major cause is the market. When insurance companies were able to make a very hefty return, they could use that to justify lower premiums. With returns on both stocks and bonds now greatly reduced, they have to charge more in order to deliver even lower coverages. mg

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