P-C Stock, Mutual Insurers' Performances Differ
NU Online News Service, Aug. 24, 11:45 a.m. EDT?Large stock property-casualty companies outperformed their mutual counterparts in recent years, according to a new Conning study looking at the years 1998-2002.[@@]
Stamford, Conn.-based Conning Research and Consulting Inc. analyst Geri Riley, one of the study's authors, said the greater oversight at a public company brought on by shareholder pressure as well as reporting requirements led overall to the greater performance.
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