SOURCE: StockCall

StockCall

January 03, 2011 08:56 ET

Equity Research on Hartford Financial Services Group Inc. and American International Group Inc. - Property and Casualty Insurance Space Gaining Ground

JOHANNESBURG, SOUTH AFRICA--(Marketwire - January 3, 2011) - www.stockcall.com/ offers investors comprehensive research on the property & casualty insurance industry and has completed analytical research on Hartford Financial Services Group Inc. (NYSE: HIG) and American International Group Inc. (NYSE: AIG). Register with us today at www.stockcall.com/ to have free access to these researches. 

Despite a slight loss in Q3, the Property and Casualty Insurance sector which includes Hartford Financial Services Group Inc. and American International Group Inc. has had an improved first nine-month of 2010 on the back of improving financial results and capital gains. The sector recorded a 62% increase in net income compared to last year despite a marginal increase in underwriting losses. Investment gains were primarily the result of stronger capital markets. Hartford Financial Services Group Inc. and American International Group Inc. research reports are accessible for free by registering today at www.stockcall.com/HIG030111.pdf or www.stockcall.com/AIG030111.pdf

www.stockcall.com/ is an online platform where investors doing their due-diligence on the property & casualty insurance industry can have easy and free access to our analyst research and opinions on Hartford Financial Services Group Inc. and American International Group Inc.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

In Q3 the P&C industry saw sales rise 2.3% from year-earlier numbers. Individual policy growth offset losses on the commercial side. This growth has done wonders to eat into the excess capacity that had plagued the industry during the recession. The sector as a whole should continue to be strong in the absence of major catastrophes. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the property & casualty insurance industry.

Following the general trend of the sector, reinsurers are forecasting a drop in rates for January around 7.5%. Less than typical losses combined within strong investment gains have resulted in a large excess of capital. Rates fell 6% last January. Rate cuts are not universal across the industry, however. Many Florida homeowners, one of the world's markets most exposed to natural disasters, are slated to receive rate increases during the coming months along with lower levels of coverage. Outstanding claims from Hurricane Wilma, new sinkhole problems, and changes to mitigation discount policies are motivating the increase. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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