------=_NextPart_000_0001_01BE55E6.23B5AB20
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: 7bit
It seems to me that there is an inconsistency in Daykin's views on the
underwriting cycle. Pages 26-27 of the Guided Tour state that "there is a
significant degree of synchronization between the cycles in different
countries." Pages 34-35 seem to imply the complete opposite in saying that
the cycles can "be expected to vary greatly between different countries."
Can anyone explain this logic?
------=_NextPart_000_0001_01BE55E6.23B5AB20
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">