Worth repeating

Risk & Insurance, Sept 1, 2004

"I want to give students a bigger picture of the industry to persuade them to take a couple of insurance courses They nave the wrong image of insurance as somebody just selling life insurance."

Weili Lu, director of the Center for Insurance. Risk Management and Financial Services at California State University. Fullerton

"While in some industries, at the insurance risk managers do's go out and schmooze the industry, at PSEG we strive to design, develop and implement the most cost-effective risk management programs."

Laurie Brooks, vice president and CRO, PSEG

"You could argue that the reinsurance market is one market that doesn't distinguish and doesn't price for a difference in credit risk. The current syndicated process where everybody gets the same price and essentially the same terms is counter to other segments of the capital markets where risk is distinguished, in large part, through pricing."

Robert Paiano, senior vice president. The Hartford