Stock analysts and insurance professionals expect insurers in 2007 to follow a banner year with a lower level of profits and stagnating premium growth.
That forecast came from a panel of experts polled by the Insurance Information Institute for its "Early Bird" survey, who indicated that last year's low catastrophe losses, combined with a strong performance in virtually all other major lines of property-casualty insurance, will propel the industry to its best underwriting performance since 1955.
For 2007, however, analysts told the Institute they expect the industry's profitability to continue, but with an underwriting performance sufficient to generate a much smaller underwriting profit.
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