P&C Insurers' Profits Rebound Along With Demand for Bonds

Fine, Jacob
March 2002
Bond Buyer;3/6/2002, Vol. 339 Issue 31338, p28
Trade Publication
Reports on the economic status of property and casualty insurers for municipal bonds in the U.S. Concentration of companies with commercial insurance lines; Expectation on the rebound of profitability by the P&C insurers; Impact of the Enron Corp. bankruptcy on the operation of insurance companies.


Related Articles

  • Big Losses Made P&C Insurers Say No to Munis, But the Tide May Be Turning. Fine, Jacob // Bond Buyer;09/18/2000, Vol. 333 Issue 30977, p7 

    Focuses on the impact of underwriting losses at property and casualty insurers on the municipal bond market in the United States. Implications for the bond pricing environment; Evaluation of tax-exemption offered by municipal bonds; Impact of higher bond prices on property-casualty insurance...

  • P&C Companies Posted $6.4 Billion of Income in First Quarter. Fine, Jacob // Bond Buyer;6/25/2003, Vol. 344 Issue 31664, p6 

    Property and casualty insurance company profitability increased during the first quarter, as net income after taxes rose 20.6% over the first three months of 2002 to $6.4 billion. The first quarter results were driven by improved underwriting results and an increase in net investment gains,...

  • Moody's: P&C Muni Losses Likely To Stay Low, But Risks Remain. Riggs, Taylor // Bond Buyer;7/11/2011, Vol. 377 Issue 33546, p31 

    The article forecasts the credit losses in the municipal bond market for property and casualty insurance companies in the U.S. in 2011 which are likely to remain low.

  • Some Liquidation of Bond Assets Likely, ISO Reports. Johnson, Matthew // Bond Buyer;2/3/2006, Vol. 355 Issue 32312, p6 

    The article reports on the preliminary estimates compiled by the Insurance Services Office's property claim services unit which shows that 2005 fourth quarter registers an additional $8.9 billion in insured losses. The losses will likely result in reductions in the municipal bond holdings of...

  • Clinton's proposed tax increase on P/C investment in...  // Insurance Advocate;02/07/98, Vol. 109 Issue 6, p5 

    Discusses the effect of President Bill Clinton's proposed tax increase on property/casualty insurer investment in tax-exempt municipal bonds. Proposal for the increase in proration percentage; Comment from Pam Allen of National Association of Mutual Insurance Companies (NAMIC) on the...

  • Chicago Deal Priced; Market Awaits Md. Sale. Barnett, Chip; Weitzman, Aaron; Shields, Yvette // Bondbuyer.com;7/16/2015, p9 

    The article discusses that the Chicago's tax exempt portion of billion dollar general obligation bond deals was priced. As mentioned, municipal bond traders were waiting for new issue supply with attention on the state of Maryland's competitive sale and the Louisiana Citizens Property Insurance...

  • Florida's Citizens Issues Largest Cat Bond Ever: $1.5B. Sigo, Shelly // Bond Buyer;4/25/2014, Vol. 123 Issue F316, p1 

    The article offers information on the insurance-linked securities deal of worth 1.5 billion U.S. dollars, catastrophe bond deal done by Florida-based Citizens Property Insurance Corp. to protect itself from losses along the state's coast due to hurricanes, as of April 25, 2014. It further...

  • It's Official: FLA. Citizens To Issue $3B. Sigo, Shelly // Bond Buyer;5/26/2006, Vol. 356 Issue 32390, p1 

    The article reports that Florida's Citizens Property Insurance Corp.'s Board of Governors recently gave final approval to the sale of $3.05 billion of taxable auction-rate bonds which is supposed to be the largest single new-money municipal bond deal ever from the Sunshine State. Due of its...

  • P&C's, Citing Hurricane Losses, May Liquidate Munis. Johnson, Matthew // Bond Buyer;11/9/2005, Vol. 354 Issue 32856, p6 

    Reports on the possibility that P&C Insurance Systems Inc. may liquidate municipal assets in order to make the necessary cash flows available to pay claims in the aftermath of Hurricane Katrina in the U.S. Pressures faced by the company with its cash flow situation; Decline of the concentration...


Read the Article


Sign out of this library

Other Topics