The rising economic tide, a modest inflationary environment, and larger underwriting losses in 2010 will lead to rate-firming for the property/casualty industry, a new study from Hartford, Conn.-based Conning Research & Consulting finds.
The study, “Property/Casualty Forecast & Analysis,” forecasts industry growth and performance for 2009-2012 and is derived from Conning’s proprietary industry model and analysis of key industry drivers as well as statutory data filings, public insurer reports results, and 2010 catastrophe loss estimates to date.
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