In looking at medical professional liability financial results, some people might say that pigs are indeed airborne.

Many industry observers expect overall 2008 property-casualty underwriting and investment performance to reflect significantly deteriorating results– separately and combined. In fact, insurance analysts at A.M. Best expect something approaching a 10 percent decline in surplus.

For its part, the medical professional liability line should be expected to share in some aspects of the deteriorating investment results, but early signals are that expectations for deteriorating underwriting results may not be realized.

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