Analyst: P/C insurers face bleak prospects ahead
Despite its hefty earnings in the third quarter, the property/casualty insurance industry is facing a number of challenges ahead, according to an analyst with Barclays Capital. P/C insurers' premiums, policy volumes as well as underwriting gains have been on a decline in recent years, while their investment performance lags behind other financial services sectors despite a steep recovery from the economic downturn.
Forbes | 11/05
This story published in PCI SmartBrief on 11/06/2009
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