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Catastrophe Losses Triple for P&C Insurers in 2017

Fitch report notes that strong investment results have tempered insurers' losses.

By Danielle Ling, PropertyCasualty360.com | Updated on December 07, 2017

North American property and casualty insurers were hit hard by catastrophe losses in the first 9 months of 2017, leading to a deterioration in operating results, a new Fitch Ratings special report explains.

Fitch Ratings compiled nine-month GAAP financial results for 52 P&C reinsurers that are publicly traded or report GAAP consolidated results.

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