A.M. Best Report: U.S. P/C Industry's Profits Plunge; Insurers Poised for Turnaround
Excerpts:
Insurers Poised for Turnaround
Declining underwriting results and weak investment markets have brought property/casualty insurers to a critical point where future profitability depends on strict adherence to underwriting and reserving discipline"even at the expense of market share.
Read Full Article: http://www.pr-inside.com/a-m-best-report-u-s-p-c-industry-s-r1049814.htm
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This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.
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