Colin Morton
Colin Morton
Colin Mortonis a Canadian poet...
activity deal driving seems
There just seems to be a new deal every day. M&A activity is driving the market.
price unclear whether willing
It's unclear whether they could find something in the U.S. at a price they'd be willing to pay.
bit good job
They are doing a very good job of controlling costs, which is what you want when things are a bit tougher.
bit difficult face looks premium skinny talking
It's difficult to see them getting it at that price; it would take a lot of talking to the institutions, because on the face of it the premium looks a bit skinny for Prudential shareholders.
extra question
The long-term question is if they can get extra revenues out of these services. I'm not convinced.
business fact high life longer margins seven six wrote
All the life insurers have got to get used to the fact they are no longer writing business at the same high margins they used to six or seven years ago, when they wrote a lot of with-profits business.
activity driving retail stocks
All retail stocks have bounced. M&A activity is driving the market.
emerging europe five markets seven
The emerging markets are where Europe was five to seven years ago.
anywhere finding life margins near older products sell
The life insurers are finding that some of the new products they sell are not making anywhere near the margins their older products used to make.
borrowing cheaply companies consistent income money relatively
These (infrastructure) companies have a very consistent income stream, and they are borrowing money relatively cheaply at the moment.
case decided felt giving maybe somewhere surprise time
This is no real surprise -- had been groomed to take over the job. What is more interesting is why Crosby has decided to go now. Maybe he felt it was time to go, or was it a case of giving it to Hornby now or else he would go somewhere else?
argue growth percent worldwide
You can't argue with 29 percent growth in worldwide new business.