Report claims P/C industry facing good 2005 but stormclouds ahead
The property-casualty industry can look forward to another year of underwriting profits, assuming normal catastrophic losses of $13-14bn, according to a new study by Conning Research and Consulting. However, the analysis suggests that 2006 may not be as rosy.
"Higher prices, tighter covers and more effective deductibles are the key contributors to industry performance in the 2004-2005 period," said Stephan Christiansen, director of research at ConningOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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