Q2 results were robust for P/C insurers, Fitch says

07/25/2013 | Insurance Networking News

Property/casualty insurers posted favorable results in the second quarter and are likely to improve their operating results this year because of better pricing across lines, Fitch Ratings said. Catastrophe losses, however, may offset improvements in premium rates through the rest of 2013, the rating agency said. Favorable loss-reserve development, although decreasing, is benefiting insurers' earnings, Fitch said.

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