Financial Services >> Analyst Interviews >> January 5, 2009

OUTLOOK FOR PROPERTY & CASUALTY INSURANCE – J. PAUL NEWSOME – SANDLER O’NEIL + PARTNERS, LP

Newsome, J. Paul
J. Paul Newsome is a Managing Director and the Senior Insurance Analyst in the Research Department of Sandler O’Neill + Partners, L.P. Previously, he was Vice President and the senior property-casualty insurance company research analyst at A.G. Edwards and at Lehman Brothers. Mr. Newsome has worked in or covered the insurance industry for over 20 years. Prior to Lehman Brothers, he worked at Dain in Minneapolis, and Oppenheimer and Company. Mr. Newsome has B.A. degrees in mathematics and economics from St. Olaf College in Northfield, Minnesota, and an M.S. degree in economics from Iowa State College. He holds both the Chartered Financial Analyst and the Chartered Property Casualty Underwriter designations. Profile
TWST: 2008 was an interesting year for the market in general. How interesting

was it for the P&C insurance group?

Mr. Newsome: More interesting than we'd like unfortunately. Clearly, it