19 Quotes by Donald Light

Auditors are in a grey area and they are more replaceable,

They have had more success than other foreign insurers, because of their history. To win in that market depends on being able to win the regulator game. A high-level government official is going to help.

They are taking a hit now with the expectation of this settlement on market timing.

It's a big amount of money even for a huge company like AIG to have to pay out.

It was their swan song, and it was a good one.

The big legal question mark over the company has been resolved. But there are a number of private law suits still out there.

If you can fund a deferred compensation program for senior executives using a pool of assets that's in effect found money, you're much better off.

Insurance companies need to take a close look at CAT modeling and geographic exposure. Although insurance companies have come a long way since 9-11, they still need to visit and revisit once again how they are using CAT modeling.

The industry weathered Katrina, but if Rita comes ashore as a Category 4 or 5 storm, it would cast doubt on the solvency of some insurance companies and deplete the surplus capital for others.