CBL Insurance IPO by UBS, page-3

Thanks Nani. Will be interesting to see if it comes to market. This is my favourite bit:
Mr Harris said CBL avoided commodity-type car, house and casualty insurance and focused on making profit from its underwriting decisions rather than investment income.
"Our total focus is on underwriting profit. It is a very different model from most insurance companies that concentrate on top-line growth," he said. "We would rather write less business and make more money."