Insurance (property/casualty)
Article Abstract:
There was a short-lived rally in property and casualty insurance industry stocks in April and May 1999 due to good earnings by Chubb Corp and the rotation into value stocks out of growth stocks. Market share rather than profitability is being pursued by many companies in this industry and many insurers have also been active with mergers and acquisitions. The high cost of capital and excess capacity in the industry may prove to be barriers to higher profit margins for these stocks in the foreseeable future.
author: Beisler, John, House, Alan G., Brachman, Steven, Azcue, Peter, Feenan, Gerard, 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: 1999
State Mutual Life Assurance Company of America, Frontier Insurance Group Inc., FRTR
Insurance (property/casualty)
Article Abstract:
Stocks of the property and casualty insurance industry have suffered from a bear market in the 3rd qtr of 1999 due to poor earnings, losses in the industry's investment portfolio, and other factors. Book values and reserve issues are two topics that the industry needs to address in order to assure profitability in the future. Poor margins and lack of earnings make these stocks poor choices for investors in 1999.
author: Beisler, John, House, Alan G., Brachman, Steven, Azcue, Peter, Feenan, Gerard
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
Insurance, Insurance Carriers and Related Activities, INSURANCE CARRIERS
Insurance (property/casualty)
Article Abstract:
Property and casualty insurance industry stocks have had a major rally during the first half of the year 2000, even without a major rationale for price improvement. A large portion of these gains have relented, however, for a variety of reasons. These stocks are not expected to have any near-term price improvement due to capacity and other factors.
author: House, Alan G., Levit, Jeffrey B., Mohammed, Omer, Azcue, Peter, Feenan, Gerard
Publisher: Value Line Publishing, Inc.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
American Financial Group Inc., PMI Group Inc., BRK.A, Reliance Group Holdings Inc., REL, 21st Century Insurance Group
subjects list: Statistical Data Included, United States, Property and casualty insurance, Securities, Property and casualty insurance industry, Berkshire Hathaway Inc., ACE Ltd., Allstate Corp., W.R. Berkley Corp., CNA Financial Corp., Chubb Corp., Cincinnati Financial Corp., Fremont General Corp., GAINSCO Inc., HCC Insurance Holdings Inc., HSB Group Inc., Markel Corp., Mercury General Corp., Ohio Casualty Corp., Old Republic International Corp., The Progressive Corp., RLI Corp., SAFECO Corp., St. Paul Travelers Cos., Selective Insurance Group Inc., Transatlantic Holdings Inc., XL Capital Ltd., ACL, ALL, AFG, BKLY, CNA, CB, CINF, FMT, GNA, HCCH, HSB, MKL, MRCY, OCAS, ORI, PGR, RLI, SAFC, SPQ, SIGI, TRH, XL, American Financial Corp., TW, Orion Capital Corp., 20th Century Industries, OC, Vesta Insurance Group Inc., VTA, Bermuda, Allmerica Financial Corp., AFC
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