National Underwriter Property and Casualty Breaking News - Apr 14, 2009RenaissanceRe Holdings Ltd. (RNR)
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Mark Dwelle
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RBC Capital MarketsThe erosion in values, it is noted, was comparatively smaller relative to last quarter and was somewhat offset by rising market values for treasury and government securities. Mr. Dwelle is continuing to recommend investors stick with well established names that are leveraged to improving pricing prospects and the flight to quality trend, including Chubb, PartnerRe,
RenaissanceRe and W.R. Berkley. NU Online News Service, April 15, 12:51 p.m. EDT An investment bank analysis of the property casualty market finds that the outlook for this year is improving modestly but declines can be expected in earnings per share.
A report by Mark Dwelle, an analyst with RBC Capital Markets, said that with the exception of a few companies a deterioration of the p c sector is anticipated. RBC in a statement said the lessening in performance mainly reflects lower underwriting margins and reduced investment income.
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The erosion in values, it is noted, was comparatively smaller relative to last quarter and was somewhat offset by rising market values for treasury and government securities. Mr. Dwelle is continuing to recommend investors stick with well established names that are leveraged to improving pricing prospects and the flight to quality trend, including Chubb, PartnerRe, <span class="company">RenaissanceRe</span> and W.R. Berkley. NU Online News Service, April 15, 12:51 p.m. EDT An investment bank analysis of the property casualty market finds that the outlook for this year is improving modestly but declines can be expected in earnings per share. <span class="sent"> A report by <span class="analyst">Mark Dwelle</span>, an analyst with RBC Capital Markets, said that with the exception of a few companies a deterioration of the p c sector is anticipated. </span> RBC in a statement said the lessening in performance mainly reflects lower underwriting margins and reduced investment income.
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