Greenwich, Connecticut insurers rebounds in close home
Wall Street has not been any major surprises on the head last year. But one of them was the insurance industry.
“Immediately after September 11 (2001), the conventional wisdom was to avoid the airlines, hotels and insurance-part,” said John Keefe, an analyst at Ferris Baker Watts. “In two of the three segments of the conventional wisdom was right.”
The attack cost in insurance costs in the short term and personal areas such as life insurance remain to fight.
But it is better to commercial insurance. A company is eligible for WR Berkley Corp.
Part of its success, Keefe, said, is that it has increasingly in other insurers have been bailing out.
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