Insurers across all sectors — Property & Casualty, Life/Annuity and Health — shared their views on a range of topics from the economy to competition in the industry in A.M. Best's Winter 2015/2016 Insurance Industry Survey.
The survey comes as Oldwick, N.J.-based ratings agency A.M. Best maintains negative outlooks on the Commercial Lines, Reinsurance and Health segments, and stable outlooks on Personal Lines, Life/Annuity and Life Reinsurance.
Michelle Baurkot, assistant vice president at A.M. Best, says the outlook for Commercial Lines has been negative for some time, and while A.M. Best expects most ratings actions to be affirmations, rates are under pressure and concerns remain regarding the industry's reserve levels.
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