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