Insurance (property/casualty)
Article Abstract:
Assumed low investment income, flat premium growth, and weather-related losses in the second six months of 1998 are expected to have an impact on projected profits for the property and casualty insurance industry. Earnings through the year 2000 are also forecast to slow, although capital gains for the industry have been good in 1998. There are few opportunities among these stocks and investors need to be cautious when making commitments.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
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Insurance (property/casualty)
Article Abstract:
Many of the property and casualty insurance industry stocks fell in price during the 3rd qtr of 1998, but there are few reasons to purchase these stocks in late 1998, due to the uncertain US economy and poor insurance company earnings. Low interest rates and insurance reserves practices will have an effect on insurance company earnings, as well. These stocks are not well suited for investment in the last qtr of 1998.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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