NU Online News Service, Aug. 15, 2:24 p.m.EDT

Rate increases are likely to continue as reserve releasesdecline and carriers realize minor returns on their investmentportfolios, says a financial analyst with Stifel Nicolaus.

In its review of 49 publicly-reporting insurers, based on thecompanies' second quarter results, reserve releases were down 8.4percent from the previous year, says Stifel Nicolaus. Total netreserve releases stood at $1.43 billion in 2012 compared to theprevious year's $1.56 billion.

Continue Reading for Free

Register and gain access to:

  • 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
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Commercial Lines
E&S/Specialty