At first blush, the financial performance of the property-casualty insurance industry during the first nine months of 2006 was generally excellent. After all, profits–in the form of net income after taxes–increased 50.1 percent ($15.1 billion) to $44.9 billion in the first nine months, compared to the same period in 2005.
The question, however, is how long the good times will last. As you'll see, there are a number of red flags ahead indicating potential trouble on the horizon for p-c carriers.
First, the good news.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.