Insurance News

Posts Tagged ‘execs

It will take guts for executives of excess and surplus lines carriers to get through 2010, especially those who head up publicly traded operations, experts said at an investment analysts? conference recently.

?If you tell it like it is, it?s not very good and your stock will go down?even lower than it is now,? said Stephen Way, the managing director of Houston-based Southwest Insurance Partners, speaking at a panel discussion Read the rest of this entry »

Advertisements

CHICAGO (Dow Jones)–Insurance industry executives expect weak pricing and demand to restrain growth in underwriting profits in the next three years.

Still, many of the executives, who were surveyed at a KPMG insurance conference in New York Tuesday, expect their companies to be able to raise capital, particularly equity, in the next 18 months.

The survey of 271 insurance industry executives found 22% would choose an equity issue Read the rest of this entry »

Property/casualty industry executives don’t think the financial crisis is near its end, according to survey conducted by the Insurance Information Institute during the 12th annual Property/Casualty Insurance Joint Industry Forum in New York.

According to the survey, which was released Wednesday, 66% of the nearly 100 surveyed executives believe the economic woes will continue.

That pessimism extended to the executives’ Read the rest of this entry »