Quotes on Car Insurance, Auto Insurance, Travel Insurance, Home Insurance and Life Insurance

SNL Financial Introduces Complete Group and Insurance Industry Data

Charlottesville, VA (Vocus) April 30, 2008 -- SNL Financial's newly released 2007 group and industry data indicates a highly profitable year for each insurance industry sector (Property & Casualty, Life and Health), with assets and capital rising to record levels.

According to SNL's 2007 group data, the P&C insurance industry?s financial strength remained solid and loss reserves developed favorably for the second straight year. While fourth quarter unrealized capital losses totaled $7 billion, the P&C industry maintained a strong capital position. Leverage levels point to possible industry overcapitalization despite returning significantly greater dividends to stockholders.

Low interest rates pressured sales of fixed annuities in the Life insurance industry. As SNL data shows, variable annuity sales offset these declines, with overall Life premiums and deposits increasing by 5.8%. Operating profits grew 5.4% from 2006, bolstered by continued strong margins in Accident and Health lines. Wider credit spreads and liquidity concerns in the fourth quarter resulted in unrealized losses of $4.8 billion; however, overall assets increased by 5.6% for the year.

Likewise, SNL's 2007 group data reveals that overall assets for the Health insurance industry increased by 5.9%, despite fourth quarter unrealized losses of $413 million. Net premiums were up 19% in the Medicare and Medicaid lines, an area of increasing growth despite commercial membership dominating the bulk of business. The managed care industry remains a cause for concern, as premium pressure and rising medical costs brought about a 15% decline in underwriting gains for the second straight year.

"Outstanding levels of profitability in recent years have left organizations in a strong position to weather short-term turbulence in credit market conditions," said Jon Wright, Associate Director of Statutory Insurance Research at SNL. "Recent significant unrealized losses are largely considered to be temporary in nature and may result in significant gains down the road with increased credit market liquidity and tighter credit spreads."

With the addition of adjusted group data, SNL further enhances its statutory insurance offering, introduced earlier this year. SNL provides top-tier data, including market share for 700 industry groups and 1,600 individual filers. SNL's statutory insurance data is available exclusively as part of SNL Unlimited for Financial Institutions. To find out more about SNL Unlimited, contact sales @ snl.com or call 866.296.3743.

A more detailed analysis of trends in the P&C, Life and Health industries can be found on SNL?s website: www.snl.com/marketing/DS/group_data.asp.

About SNL Financial:

SNL collects, standardizes and disseminates all relevant corporate, financial, market and M&A data -- plus news and analysis -- for the Energy, Banking, Specialized Financial Services, Insurance, Real Estate and Media & Communications industries. For more information, visit www.SNL.com.

SNL Contact

Monica Jenkins

Marketing Manager

Tel. 434.951.6951

mjenkins @ snl.com

SNL Financial

One SNL Plaza

Charlottesville, VA 22902

434.977.1600

Other office locations:

Ahmedabad, India; Arlington, VA; Boston, MA; Islamabad, Pakistan; Jersey City, NJ; London, UK; Monterey, CA; New York, NY.

###

MORE ARTICLES:

Affordable Health Dental Insurance - Low Cost Insurance For Dental Braces
Dental braces are now considered not only as a way of making a person looks good by reshaping the outward growth of his or her teeth to become vertically inclined inside his or her mouth to preclude an ugly look that might otherwise destroy his or her beautiful face Indeed, a beautiful face can be severely destroyed by a protruding mouth due to the outward growth of teeth inside the mouth

Florida Health Insurance Web Blasts New AMA's Health Insurance Proposal
"Do Doctor's or Drug companies get paid to keep you healthy? Or do they get paid to keep you sick?" Florida Health Insurance Web wants to know. With that in mind, Morgan Moran took a look at the new AMA health insurance proposal, hoping to find some shred of hope for Florida's residents, but Moran said, "It looks like more of the same from Washington" and "he'd like to look into the AMA's campaign contributions."

What Is The Difference Between One Way Insurance And Full Coverage Insurance
When traveling, especially when going abroad, it is often fundamental to have an insurance policy for your trip. When going to foreign countries that you often know little or nothing about, it is very important to do all you can to insure your trip goes as planned, with as few setbacks as possible. Unfortunately, unplanned events that are completely out of our control often come up, this is one reason why insurance policies are a necessary part of traveling. Whenever preparing for a trip, be sure to consult your travel agent about insurance plans and fees.

Florida Public Insurance Adjusters And Property Damage Insurance Claims
Florida Public Insurance Adjusters are growing in popularity throughout Florida. Whether it is hurricane, fire, flood or catastrophe damage, more and more home and business owners are finding it necessary to acquire the assistant of a Public Adjuster because of underpaid property damage insurance claims.

Kwik-Fit Insurance First UK Car Insurance Company Offer Motor Insurance e-certificates
Online Car Insurer agrees deal with solutions company SSP to deliver fast online certificates for web users.

Individual Dental Insurance Plan - Supplemental Dental Insurance For Military Men
If you are in the military, your insurance will cover dental care This coverage will be assured during the time when you are still in active service

Whole Life Insurance | Whole Life Insurance Is Superior Then Other Life Insurance Policies
In most cases where people do not take up a life insurance and if you ask them the reason for not taking up the life insurance, you will come to know that people feel that investing money in life insurance is a dead investment and waste of money But that is not the case if you study and do a research, you will find that people generally get more then what they have invested

Family Dental Plan Insurance - Avoiding Delays in Insurance Claim
Considering the many safeguards that insurance companies are now putting in place to preclude errors in their settling of claims, you would find it hard to be paid your insurance claims if your claims are not put in good order You have to consider the risk the insurance company will be facing if they will just pay without fully verifying your medical claims especially now when fraudulent claims are on the rise

Business Insurance Now Teams Up With Philadelphia Insurance to Offer Colorado Insurance Brokers Coverage
As one of the most knowledgeable and extensive providers of small business insurance on the Internet, Business Insurance Now has currently teamed up with Philadelphia Insurance in order to provide coverage for all individual Colorado insurance brokers.

Home And Business Property Insurance Claim Help - Dealing With Your Insurance Company
Any time you have property damage to your residence, you have to go through your Insurance Company to recover money for your losses and to rebuild what was lost. If you are like a large sum of property owners, you walked away with a check from your insrance company with barely enough funds to cover half of the work that has to be done to get your home back in shape.

2007 Third Quarter Auto Insurance Pricing Report from Leading Auto Insurance Agency, Insurance.com
Insurance.com, the largest online auto insurance agency in the United States, reports that car insurance rates are continuing to decrease depending on geographical location.

Affordable Health Dental Insurance - Guide to Finding Federal Dental Insurance
In looking for a government sponsored dental insurance, you have to consider two basic facts One, that most federal dental insurance plan is for those employed by the federal governments only

Students Not Always Covered in Home Insurance Policy, Says Only Insurance
New research has discovered that some home insurance policies don't cover students when they move away from home.

Combined Insurance: Consider Supplemental Accident Insurance and Disability Insurance During Safety Awareness Month
Safety Awareness Month an Ideal Time to Take Stock of Supplemental Insurance Protection