Insurance (diversified) industry
Article Abstract:
The Diversified Insurance Industry is facing difficult times due to a decline in commercial insurance prices. The fourth quarter of 1998 was affected by reorganization costs, losses due to the weather, and the need to increase reserves. The first quarter of 1999 is not expected to be different. Insurers for the bond, credit, and mortgage industries may be subject to mergers and acquistions. Reserves are being placed aside for potential costs resulting from the Year-2000 condition.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Insurance (diversified)
Article Abstract:
Earnings among diversified insurance companies are expected to declerate and be disappointing during 1999 due to lower investment income, short cash flows, and deteriorating property and casualty insurance margins. Weaker overseas currencies, restructuring, higher capacity, and weather-related losses are some of the other reasons that the industry is at risk, as well. These stocks have only an average timeliness rating in late 1998 as a result of these concerns.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Insurance (diversified)
Article Abstract:
Consolidation and merger activity has increased in the diversified insurance industry, including the divestment of underperforming property and casualty units. Increased operating revenues and savings from consolidations have increased earnings hopes. The bullish bond market and changes in Congress have helped stock prices increase in the last six months of 1995. Investors should seek companies with strong finances and earnings growth.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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