| Copyright: | PR Newswire |
| Source: | PR Newswire |
| Wordcount: | 347 |
HARTFORD, Conn., Jan. 14 /PRNewswire/ -- Medical Malpractice insurance has
been stable since its last market disruption in the early 2000s and is now
poised for continued profitable growth, according to a new study by Conning
Research and Consulting, Inc.
"The medical malpractice industry has changed structurally since the
market crisis of the early 2000s, and is poised for long-term profitable
growth," said Mark Jablonowski, analyst at Conning Research & Consulting. "Yet
the industry has been here before, with brief episodes of profitability that
disintegrate into severe unprofitability. Achieving long-term growth will
depend on insurers' ability to maintain a commitment to adequate pricing and
careful underwriting of this highly specialized line."
The Conning Research study, "Medical Malpractice: Getting Ahead of the
Curve" reviews the industry's financial results, structural shifts, management
issues and projections.
"Medical malpractice insurance is now an industry dominated by specialist
companies, often in the form of physician-owned mutuals," said Stephan
Christiansen, director of research at Conning. "This emphasis on
specialization allows insurers to control losses better, identify loss trends,
and moderate market swings. Yet this specialization also increases state
concentration, and the potential for more dramatic competitive interactions-
both positive and negative."
"Medical Malpractice: Getting Ahead of the Curve" is available for
purchase from Conning Research & Consulting, by calling (888) 707-1177 or by
visiting the company's web site at www.conningresearch.com.
About Conning Research & Consulting
Conning Research & Consulting provides insurance industry analysis to
insurers and industry stakeholders. Its published research includes market
coverage of 30 segments of the industry in addition to industry forecasting
and identification and analysis of major strategic issues. The Conning name
has represented excellence in independent insurance industry research for 50
years. As a result of its wealth of experience and intimate knowledge of the
insurance industry, Conning understands industry challenges and opportunities
and provides in-depth insights and analyses on a wide range of industry
products and issues. Conning is headquartered in Hartford, CT.
Contact: Anne Steinberg
Kitchen Public Relations, LLC
212-687-8999
anne@kitchenpr.com
SOURCE Conning Research & Consulting
CONTACT: Anne Steinberg of Kitchen Public Relations, LLC, +1-212-687-8999, anne@kitchenpr.com
