Higher investment income and modestly weaker calendar-year underwriting margins kept operating performance for North American property/casualty (P/C) insurers steady during 1H19, according to a new report by Fitch Ratings. Compiling GAAP midyear results for a group of 47 companies reveals a six months aggregate combined ratio of 94.7% relatively unchanged from 94.3% for the same… Continue reading North American P/C Insurers See Steady Results at Mid-Year 2019
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