Segments of the property-casualty insurance industry can expectincreased merger and acquisition activity in the coming yeardespite losses and soft market revenue declines, according to afinancial analyst's report.
Keefe, Bruyette & Woods released a study of the p-cinsurance industry saying it believes merger and acquisitionactivity will increase in the coming year for some insurers andbrokers.
The report said regional and specialty carriers would producestrong results in the second quarter of 2008 despite the softmarket and the economic slowdown.
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