The size of a commercial insurance company does not appear toaffect premium growth or underwriting profitability for threedifferent lines in that sector, according to a new financialanalysis.
That finding came in a report released by the investment firmStifel Nicolaus, reviewing second-quarter 2008 statutory directpremium and loss data for commercial auto liability, commercialmultiple peril and workers' compensation.
Based on figures from Highline Data, a unit of Summit BusinessMedia Co., the parent of National Underwriter, Stifel Nicolaus'analysis found size does not appear to determine superior premiumgrowth or dramatically affect underwriting profitability.
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