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