Review and Outlook 2003-2004 Property/Casualty Insurance (North America)

Topics:
Insurance
Tags:
Business Operations,
Office Suites,
Microsoft Outlook,
Microsoft Office,
Insurance,
Groupware,
Fitch,
Financial Planning,
Finance,
Enterprise Software,
...
Source:
Fitch

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Overview: The U.S. property/casualty insurance industry will experience a significant recovery in profitability in 2003, following modest profits in 2002, and its worst operating year ever in 2001. Consecutive rounds of sharp increases in premium rates and implementation of more conservative underwriting practices across nearly all business lines have improved market fundamentals. Still, it appears that several of the market's worst-performing segments are not yet at an adequate price level, while the momentum for further price increases is diminishing.

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Format: PDF | Size: 224KB | Date: Dec 2003 | Pages: 19

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