According to analysts at a recent New York meeting of executives, the year 2005 is looking like it was a relatively good one with solid financial news for property casualty insurers overall, despite record catastrophe losses, and they say that 2006 could bring even better news. For the year just ended, property casualty insurers are likely to show a slight underwriting profit, with a combined ratio around 99 and results like this made 2005 a remarkable year and 2006 looks to be just as remarkable.