So... the “R” word is in all of the papers, but, as far as I can tell business is as usual (although more cautious) with our clients.
While being particularly concentrated in the commercial lines P&C side, I’ve not noticed a marked drop-off on the personal lines side, or the life and health side, either.
A Lloyd’s exec recently stated (10/08) that he sees our industry as being “recession—proof”.
I would add the caveat that according to many recent industry reports, some are ailing (I won’t name names)!
Life goes on... and if you hide your head in the sand, it can pass you by.
There are likely many great buys (some say the best ever) in the stock market.
I say that if you’re good at what you do, there are a number of great career opportunities out there for you as well.
Harvey Dorland
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