Distant Thunder: Will P-C Insurers Survive The Capital Storm? NU Correspondent
San Francisco
The underlying financial strength of the North American property-casualty insurance industry–at both the primary and reinsurance levels–emerged as the greatest concern of speakers at the National Insurance Leadership Symposium recently held in San Francisco.
The speakers represented a broad spectrum of industry participants, including rating agency and investment analysts, reinsurers, insurers, brokers, and risk managers.
While the insurer/agent symposium was structured around two main panel groups of analysts and industry professionals with each supposedly dealing with unrelated topics, the discussions quickly centered in on the industrys capital adequacy and the restriction of weakened balance sheets in limiting future business growth.
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