Price-to-book (P/B) valuations for P&C (re)insurers are typically better now than they were a year ago, despite the recent drift in (re)insurers' share prices and negative investor sentiment regarding future earnings prospects.
Price-to-book (P/B) valuations for P&C (re)insurers are typically better now than they were a year ago, despite the recent drift in (re)insurers' share prices and negative investor sentiment regarding future earnings prospects.