Kevin Ryan Ratio Quotations

The underlying combined ratio, which means the ratio after stripping away all those dreadful catastrophes, which were exceptional, is about 100 percent -- that's bad because we're at the top of the cycle.

The really good news is that they managed to improve the combined ratio across the group and have given a good message for it in 2006 too.

There appears to be a tremendous void in the business in thinking beyond the constraints of directed search. The industry is focused on things like behavioral advertising and the impact of next generation ad models. It appears in that process we're leaving behind the cumulative information and the cumulative understandings that can be achieved by pulling the entire knowledge base together.