Segments of the property-casualty insurance industry can expect increased merger and acquisition activity in the coming year despite losses and soft market revenue declines, according to a financial analyst's report.
Keefe, Bruyette & Woods released a study of the p-c insurance industry saying it believes merger and acquisition activity will increase in the coming year for some insurers and brokers.
The report said regional and specialty carriers would produce strong results in the second quarter of 2008 despite the soft market and the economic slowdown.
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