Quote:
Originally Posted by Excaliber
When it comes to FACTS, that's a different story! Now to clairify your ranking on the most profitable industries, the THE FORTUNE 500, we find Life and Health Care Insurance at NUMBER NINE! Among that group we find AFLAC at #3, by the way. Now further down the chart we find "Managed Care", they come in at #28.
So your right, my listing at #35 was incorrect, thanks for pointing out it's really NUMBER NINE! TOP TEN baby, TOP TEN!
|
Ex, still not sure to what ranking you are referring. Here's a link to Fortune's 2009 ranking of the most profitable industries. As you will see, there are a variety of ways to measure "profitability." When looking at one of the most common metrics--return on revenues--"Insurance and Managed Care" was number 35 out of 53 industries (with profits representing 2.2% of revenues). This hardly suggests that these companies are printing money.
http://money.cnn.com/magazines/fortu...tries/profits/