Insurance (property/casualty)
Article Abstract:
Stocks of the property and casualty insurance industry received a boost during the 1st qtr of the year 2000 with the rebound of the old-economy stocks and bullish comments by some observers. The various sectors of the industry are not in confluence and the future of these equities is difficult to forecast. These stocks may bottom out in the year 2000 and the year 2001, but profits may recover in the year 2002.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
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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.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
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Comment about this article or add new information about this topic:
Insurance (property/casualty)
Article Abstract:
Property and casualty insurance industry stocks underperformed the market in 1999 and this industry remains negative and untimely. Stock prices are expected to remain difficult and challenging in the year 2000 in spite of financial services reform legislation and rising interest rates. Investors should seek opportunities in other industries for the coming year as earnings estimates are too generous and price rebounds are expected to be short-lived.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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