Insurance (property/casualty)

Article Abstract:

The debt/capital ratios and book values of companies in the property and casualty insurance industry have been raised by the drop in interest rates. However, lower interest rates hurt earnings for the industry with slower investment income growth and higher capital amounts, which puts pressure on rates and lowers profit margins. Although there are some strong companies in the industry, current multiples cannot be sustained through the year 2000.

Author: Azcue, Peter, Butler, Jeremy J., Bischof, Christopher W., Colonna, Andrew R., Giglio, John, Herceg, Kenneth R.

Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997

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Insurance (property/casualty)

Article Abstract:

Improved international volume and margins, lower weather-related losses, a better regulatory climate, and tame inflation in the 1990s have offset low and flat price cuts in the property/casualty insurance industry. However, reserves are rising more slowly than premiums although the industry should meet bottom-line expectations by the 4th qtr of 1998. These stocks are not expected to reach higher levels due to premium and earnings deceleration.

Author: Beisler, John, House, Alan G., Azcue, Peter, Feenan, Gerard, Colonna, Andrew R., Gagas, Adam C.

Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998

HSB Group Inc., Markel Corp., Mercury General Corp., MRCY, Hartford Financial Services Group Inc., MAKL

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Insurance (property/casualty)

Article Abstract:

Stocks for property and casualty insurance companies remain strong in spite of their pullback, and, outside of special areas, the inherent risks in the industry do not compensate for the potential returns. The bond market has been the main economic driver for the industry, although operations are more streamlined. However, the industry remains problematic for the long term and these stocks can be sensitive to setbacks in the US economy.

Author: Azcue, Peter, Feenan, Gerard, Butler, Jeremy J., Colonna, Andrew R., Randall, Edward G., Bos, Roger J., Zabavsky, Victor S., Goldstein, Doug

Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997

Economic aspects

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Subjects list: Finance, Insurance industry, Property and casualty insurance, ACE Ltd., Allstate Corp., W.R. Berkley Corp., Chubb Corp., Cincinnati Financial Corp., Fremont General Corp., GAINSCO Inc., Ohio Casualty Corp., Old Republic International Corp., The Progressive Corp., SAFECO Corp., St. Paul Travelers Cos., Selective Insurance Group Inc., Transatlantic Holdings Inc., ALL, BKLY, CB, CINF, FMT, GNA, HSB, OCAS, ORI, PGR, SAFC, SPQ, SIGI, TRH, HIG, American Financial Corp., General Re Corp., ITT Hartford Group Inc., USF and G Corp., TW, Capsure Holdings Corp., Frontier Insurance Group Inc., Hartford Steam Boiler Inspection and Insurance Co., Orion Capital Corp., 20th Century Industries, GRN, OC, FG, NAC Re Corp., NREC, CSH, Property and casualty insurance industry, FRTR

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Abstracts

Business, general

Insurance (property/casualty)

Insurance (property/casualty)

Insurance (property/casualty)