NU Online News Service, Nov. 14, 12:48 p.m. EST
Pricing in the property and casualty insurance industry may be on the rise but a lot of data continues to point to worsening returns on equity and earnings per share, said financial services specialists, Keefe, Bruyette and Woods (KBW).
Of the 46 insurers and reinsurers KBW follows, premium growth was 9.5 percent in the third quarter and there appears to be momentum—with pricing gradually better than the previous month, through September.
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