Best study shows strength in P/C sector
Monday, November 6th, 2006 Liability PropertyAccording to A.M. Best, the property/casualty industry was financially strong over the past year in spite of the record hurricane losses in 2005. For the first time since 2000, rating upgrades outpaced downgrades, but there was still concern over surplus levels, price deterioration and increased competition.
External References & Further Reading
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