Fortis – Update

Fortis Reports $37 Billion Loss but Now Is Optimistic – NYTimes.com

How do you lose $37 billion and be optimistic???

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AIG – Bonuses Are Not the Problem

AIG crisis could be the tip of an insurance iceberg – Los Angeles Times

Here is another view into AIG from the LA Times.  The quotes below are from the online article.

AIG’s loss of $18 billion in its life insurance and retirement businesses in the fourth quarter was about the same amount that the company lost in its financial services operation, which was trading in credit default swaps and other risky instruments.

When the life insurance industry ultimately stabilizes, the financial landscape will be different, along with the once-dominant AIG.

Size Matters – J-Shaped Mortality Curve With BMI

While browsing the online Lancet website I came accross the following article.  A J-shaped mortality curve should come as no surprise.

The Lancet, Early Online Publication, 18 March 2009

doi:10.1016/S0140-6736(09)60318-4Cite or Link Using DOI
Editors’ note: Around the world, increasing body-mass index (BMI) is a major public concern. Rightly so, according to this international collaborative analysis of almost 1 million people, followed from middle age in 57 prospective studies. A J-shaped mortality curve is observed, with optimal survival at a BMI of 22•5–25 kg/m2. Above this range, mortality from several causes—especially vascular diseases—was increased. Moderate obesity (BMI 30–35) was associated with 3 years’ loss of life. People with extreme obesity (BMI 40–50) lost 10 years of life, equivalent to the years lost by lifetime smoking.