Conning: Poor Investments Dim P-C Outlook
NU Online News Service, June 3, 9:53 a.m.EDT?Despite rate increases, property-casualty insurerswill not see any "dramatic improvement" in their financial resultsthis year or in 2004, partly because of poor investment yields andpotential reserve boosts, according to a Conning Research &Consulting Inc. study.
Michael Weinstein, Director of Research at New York-basedConning, said that benefits of rate increases have mostly beenoffset by the industry's declining investment income.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
