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III Forecasts 2004

The Insurance Information Institute (III) is out with its annual survey in which a panel of Wall Street stock analysts and industry professionals is asked...
January 13, 2004

The Insurance Information Institute (III) is out with its annual survey in which a panel of Wall Street stock analysts and industry professionals is asked to review the prospects for the industry in the upcoming year. The survey reveals that the industry's unrelenting streak of bad luck finally came to an end in 2003 and that another solid year is in store for 2004.
 
Premium growth, while decelerating, will remain relatively strong. However, the survey also reveals a curious split in the analyst community over the pace of growth in the industry in 2004, with some analysts forecasting a much sharper deceleration in growth than others. While the results show continued improvement, the bottom line is that the industry will still be paying out roughly $1.01 or $1.02 for very $1.00 it takes in.
 
III 2004 Forecast

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