Stable outlook continues for P/C insurance industry, A.M. Best says

01/7/2013 | Insurance Networking News

The outlook continues to be stable for the property/casualty and reinsurance sectors, as well as the life insurance industry, A.M. Best said. P/C commercial lines still face a negative outlook, however, because of "competitive market conditions, less-favorable loss reserve development, depressed investment yields and sluggish economic growth," the ratings firm said.

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