We can price for the probability of certain events. But we can't price for what amounts to political risk. -Bob Hartwig

 

We can price for the probability of certain events. But we can't price for what amounts to political risk.


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This quote is just one of 9 total Bob Hartwig quotes in our collection. Bob Hartwig is known for saying 'We can price for the probability of certain events. But we can't price for what amounts to political risk.' as well as some of the following quotes.

It's so commonplace. Every company with huge data processing needs is going to look at this.

Bob Hartwig
234

While formidable, Isabel will fall generally within the range of catastrophic risk that insurers anticipated and built into insurance premiums for homeowners and businesses along the East Coast. I would not expect the storm by itself to have a significant effect on insurance rates.

Bob Hartwig
229
These are not the recommendations we will make to the school board. These are three options to start a dialogue at the public meetings. -Bob Hartwig
224

We had not just one event but several that eventually caused 3 million claims. It caused an exceptional strain on claims-handling resources.

Bob Hartwig
223

We can price for the probability of certain events. But we can't price for what amounts to political risk.

Bob Hartwig
180
These structures, no matter how they are constructed, cannot withstand these winds. There are large numbers of mobile homes in the state of Florida and the state has to think seriously about the suitability of these structures going forward. -Bob Hartwig
157

Thankfully, Hurricane Isabel as a Category 2 storm did not approach the level of damage of Hurricane Floyd, which hit the same general area in 1999.

Bob Hartwig
130