Business Services Industry
Looking for growth in all the new places. (property/casualty insurance stocks)
Business Insurance, January, 1996 by Greenwald, Judy
Top performers may be small specialists The blue chips may not be the best performers among property/casualty insurance stocks this year. To find the top performers in the sector, some analysts are looking beyond the traditional top tier - Chubb Corp., American International Group Inc. and General Re Corp.
- to smaller and specialized companies. It's not that they are down on their long-time favorites, just that those stocks are so well-known that they may be fully valued. "In terms of really standout performance, I think you're going to have to look...further beyond these kinds of household names," said Ronald Frank, an analyst with Smith Barney Inc. in New York. As evidence, he cites recent performance. "A whole bunch of small to mid-cap and specialty names...
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