TITLE

S&P Report: Firms Were Paid Less to Take On More Risk in 2005

AUTHOR(S)
Meyers, Maxwell
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/15/2006, Vol. 356 Issue 32403, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents a study on the profitability of insurance companies in the U.S. The research was conducted by Standard & Poor's and found that insurance firms are likely taking risk in 2005 and 2004 by getting lesser amount for insurance coverage policies. Thus, the profitability has declined due to the policy of having greater capital charges with lower premiums from the costumers.
ACCESSION #
21276474

 

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