Life vs P-C: which is more financially secure? (life insurance industry, property and casualty insurance industry) (Agent-To-Agent) (Column): An article ... & Casualty-Risk & Benefits Management
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on July 12, 1993. The length of the article is 589 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Three insurance rating company executives believe that the life and health insurance industry is more substantially stable than the property and casualty (p-c) insurance industry, despite both branches having experienced similar financial troubles since the mid 1980s. P-c insurers are unable to quantify risks, which life insurers can do, and are faced with new environmental pollution and disaster claims. Insurance agents should be concerned but not alarmed by p-c insurers' solvency status, which can survive disaster through proper management and efficient regulation.
Citation Details Title: Life vs P-C: which is more financially secure? (life insurance industry, property and casualty insurance industry) (Agent-To-Agent) (Column) Author: Colleen Mulcahy Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal) Date: July 12, 1993 Publisher: The National Underwriter Company Page: p13(1)