InsuranceResa W. King
A decade of cutthroat pricing and excess capacity has taken its toll on property and casualty companies. In 1999 alone, this benighted sector lost nearly 26% of its stock market value. But the outlook improved steadily last year, and prospects for 2001 are upbeat: Premium growth should hit 7%, suggesting that the industry is now expanding at the fastest rate in 15 years.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Honda Recalls 800,000 Odyssey Minivans Linked to Injuries
- The Questionable Math Behind Manafort’s Extravagant Home Renovations