Word: competitors
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...assets. In essence, it was underwriting systemic risk. This is the opposite of what insurance companies are supposed to do: diversify risk across the universe of policyholders. "One thing about the insurance model: it relies on diversification as its means to exist," says a top exec at an AIG competitor. "If an insurance company plays in a field where they underwrite systemic risk, that's a totally different experience." Is it ever. Insurance companies can handle catastrophic risk but not systemic risk. That's why you can buy hurricane insurance from private companies but not terrorism insurance. Only a government...
...creators of the web-comic “Penny Arcade” and the folks who modified “Half-Life” to make a game called “Counter-Strike.” But, beyond his hall of fame status in the eSports scene, this competitor has all the hallmarks of a true-blue, larger-than-life sports star...
...adversity,” MacLaughlin said.The Crimson was missing freshman center and offensive contributor Devan Kennifer, who was nursing a sore elbow. Without Kennifer in the pool, MacLaughlin found herself tasked with the challenge of filling the void left by her fellow center.“[MacLaughlin] is a competitor,” Harvard coach Erik Farrar said. “There’s no quit in the woman.”Next week, the Crimson will visit the west coast for a six-game trip, including a match-up against No. 1 Stanford. Harvard returns home to Blodgett...
...shock to all of us after playing indoor for four months straight.” Rosekrans, at No. 2, recorded the only win in the Saturday match, defeating Maria Spenceley in three sets, 6-1, 4-6, 6-3. Freshman Camille Jania, who played strongly against a fierce competitor, barely fell short. Jania faced nationally-ranked No. 120 Mariana Muci at the No. 3 spot. She dropped the first set 7-6 (7-4), and won the second 6-4, but in the final tie-breaking set, she ultimately lost 10-4 to Muci. Realizing the challenge that it faced...
...Overseas, Japan, which just 20 years ago was the subject of books (how strangely they read now) predicting it would overtake the U.S. as the world's No. 1 economy, must cope with a resurgent competitor to its east. China's economic model is now admired around the world as a model, as Japan's once was. Asia has never seen a time when both China and Japan were simultaneously strong. That does not mean such a state of affairs is impossible; it does mean that both nations will need wise leaders if they are not to turn into bitter...