Conservative portfolios work in a poor economy. (Section II: Property & Casualty Premium Rankings): An article from: National Underwriter Property & 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 June 22, 1992. The length of the article is 1084 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: Investment advisers for nine property and casualty insurance companies, with assets from $350 million to $1.5 billion, supplied their employers with moderate but consistent earnings during the post-1989 recession period by conservative portfolio management. Insurance industry investment managers who sought steady returns, made few changes in portfolio content and retained previously profitable investments such as mortgage-backed securities, realized 9.3% earnings. The Mutual Benefit and Executive Life bankruptcies that created the false impression of insurance industry insolvency were aberrations caused by inconsistent investment management.

Citation Details
Title: Conservative portfolios work in a poor economy. (Section II: Property & Casualty Premium Rankings)
Author: Sean A. Cronin
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: June 22, 1992
Publisher: The National Underwriter Company
Issue: n25 Page: pS27(1)

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