Three-quarters of executives surveyed at the Insurance Information Institute's Property/Casualty Insurance Joint Industry Forum in New York said they expect an improvement in profitability in 2012.
III conducted the survey at the forum, held in New York on Jan. 10. More than 250 senior insurance executives and analysts attended the event.
Profits will improve in most P&C lines, according to the survey, with 63 percent agreeing there will be an improvement in auto lines and 67 percent expecting an uptick in profits in homeowners' lines.
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