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Old 05-16-2011, 09:51 AM
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Default P/C Insurers Take Hit in Q1 as Hurricane Season Approaches

The U.S. property/casualty (P/C) industry took a beating from record*first quarter 2011 catastrophe losses, and recent earnings announcements from global reinsurers illustrate the ***age those losses did to earnings and operating results. Insured losses from winter storms and severe thunderstorm …

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