“We have not advanced the process much further. We are desperately anxious to avert a catastrophe for the airline. We have made some progress but not sufficient to regard a settlement as imminent.”
“One approaches the journey's end. But the end is a goal, not a catastrophe.”
“We are in catastrophic response mode. This is on such a large scale, some of our standard operations are not in place right now.”
“There is not enough capital in the marketplace for a mega-catastrophe and it could in fact bankrupt the insurance industry in the United States.”
“Although the flood of Grand Forks did not reach the magnitude of the catastrophe in the Gulf Region, there are many 'lessons learned' that we can share with the region to help it recover,”
“The overall figures are lower-than-expected, not only because of the catastrophe claims, but also because of the reserve additions.”
“There is not enough capital in the marketplace for a mega-catastrophe and it could in fact bankrupt the insurance industry in the United States,”
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