SEATTLE--The outlook for the property-casualty insurance sector appears good for the next six months, an analyst with Standard & Poor's said after meeting with insurers at a conference here.
However, Thomas Upton, S&P's property-casualty team leader, said that while there is a good feeling in the industry after an easy hurricane season, analysts have a concern that insurer casualty rates could start drifting down with growing speed.
Another concern is that competition may overheat in the casualty sector, and that adequate terms and conditions will be compromised.
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