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Deutsche Bank gives P/C warning
16 December 2009
Investors are best served avoiding property/casualty (P/C) insurers and reinsurers, according to Deutsche Bank analysts.
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Deutsche Bank
property/casualty
P/C
Deutsche Bank
Joshua Shanker
Investors are best served avoiding property/casualty (P/C) insurers, according to Deutsche Bank analysts.
In a research report on the P/C industry, The Winter of Discontent: Initiation of a P&C Insurance Sector as it Enters the Trough, Joshua Shanker, analyst at Deutsche Bank, writes that the profitability of P/C insurers’ business is in question and that investors should be concerned about reserve adequacy, particularly if pricing in the business class continues to...
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