Stricter capital models and declining pricing could make 2007 challenging for commercial line insurers, a new Standard & Poor's report said.
But the rating agency is nonetheless maintaining a stable outlook for commercial writers.
As 2006 draws to a close, many commercial property-casualty insurers are generating exceptional earnings. "Many balance sheets are in their best shape since the late 1990s, when the industry entered its last cyclical pricing downturn," the report said.
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