According to Fitch Ratings in a new report, prospects for the US P&C market are unlikely to improve in 2011 as competitive fundamentals continue to promote inadequate pricing.
The federal government’s new role in insurance regulation poses significant challenges and opportunities for the insurance industry, according to insurer trade group executives.
A new report by Fitch Ratings reveals that expense management has taken on greater importance for insurance in the U.S. property/casualty industry.
Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, according to William R. Berkley, founder, chairman and CEO of W.R. Berkley Corporation.
The decline in reserve releases could indicate that the property and casualty market is set for a turn in the cycle that could come as soon as 2012, according to a financial analyst’s report.