Property-casualty insurers' investment portfolios are generally conservative, and most companies have little subprime mortgage exposure, according to a Bank of America investment analysis on the indu
According to its analysts, price declines in the insurance market are expected to continue and terms and conditions will start to deteriorate. Still, they said p-c firms supported by capital managemen
Bank of America's equity research division said it is reiterating a positive view of the reinsurance sector after meeting the management teams of most of the companies it studies. "Most are confident
Bank of America's announcement that it plans to explore "strategic alternatives" for its brokerage business could be another opportunity for private equity funds to step into the insurance business, a