S&P: Euro P-C Results Strong, Despite Softening
NU Online News Service, April 8, 4:21 p.m. EDT?European property-casualty entities showed strong results last year despite a market with premium prices falling, according to a Standard & Poor's report.[@@]
"Rates started to soften in 2004, but underwriting results are not expected to be affected until 2007," said S&P credit analyst Hans Wright.
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