Relevant:
- Lennar Climbs Most in Month After Profit Beats Estimates on Cost Cutting
- Lennar Earnings Beat Analyst Estimates
- AIG Plunges as Sales Decline at Property-Casualty, Life Units
- Property and Casualty Insurers - Bond Quality Tumbles to Record Low in 2012
- Morgan Stanley Profit Beats Estimates as Trading Revenue Jumps
2013-05-02 — reuters.com
``Insurers have had trouble raising prices in the property and casualty business for some time. AIG has not reported an annual underwriting profit there since 2007, but the first quarter seems to have been a turning point. Travelers Companies Inc (TRV.N), Chubb Corp (CB.N) and ACE Ltd (ACE.N) also beat earnings expectations last month, citing higher pricing.''
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