Insurers Earnings Less Volatile

A review of more than 60 major property-casualty insurers and reinsurers has revealed that last year?s corporate earnings in this sector were, on average, less volatile compared to 2002, while at the same time the return-on-equity improved substantially, according to a new study.

The findings were announced by the Chicago-based insurance brokerage firm Aon Corp. in a report titled "2003 Property and Casualty Earnings Volatility Study."

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