The property-casualty industry will enjoy a profitable 2007, although maybe not at the same level as 2006, according to an investment bank analysis.
Keefe Bruyette & Woods in its annual forecast said the attractive pricing, strong reserves and favorable loss trends that marked 2006 will remain potent profit drivers through next year.
The New York-based firm forecasts earnings growth for the p-c sector at 5 percent through 2008.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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
Already have an account? Sign In Now
© 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.
