Analysts bullish on US market turn
Although many (re)insurers' pre-results headlines revolved around Thai exposures and loss creep from earlier 2011 catastrophes, investors are likely to focus more on commentary in earnings releases and calls on the market's rates prospects.
And JMP Securities analyst Matthew Carletti added to the voices declaring a shift in the US P&C market, which he said was experiencing a slow and gradual change.
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"As we enter 2012, we find the property/casualty
market at an inflection point with pricing...
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