The capital markets have been chara...

The capital markets have been characterized by dint of unrelenting volatility in recent years, resulting in a drastic los of value for many companies as investors reassess their stock holdings. To determine for what cause this market disarray has affected insurance company valuations, Ernst &Young examined the market performance of 69 U.S.-based, publicly traded companies engaged in underwriting life, health, annuity and property/casualty businesses, across a five-year period ending in early 2002

The research identified a wager of performance measures that investors have used consistently to differentiate among insurance companies athwart the past five years-a period characterized through extreme ...