Wednesday, July 12, 2006
Earnings Growth Seen Slowing For Insurers
Weaker equity markets and a flattening yield curve likely cut into second-quarter profits at major life insurance firms, according to Banc of America Securities analyst Tamara Kravec.
The analyst estimates the industry will average 8.1% earnings growth for the June quarter, down from 12.4% in the January-through-March quarter, and from 14.3% during the June 2005 quarter.
Earnings Growth Seen Slowing For Insurers
Source: Forbes
The analyst estimates the industry will average 8.1% earnings growth for the June quarter, down from 12.4% in the January-through-March quarter, and from 14.3% during the June 2005 quarter.
Earnings Growth Seen Slowing For Insurers
Source: Forbes