Property-casualty insurers midyear 2011 financial results
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<subfield code="a">Underwriting results declined sharply for property/casualty (re)insurers in the first six months of 2011. Unprecedented first-half catastrophe losses and broadly inadequate pricing caused the aggregate combined ratio of 48 publicly traded property/casualty (re)insurers to deteriorate to 108.5% from 97.2% in the prior year</subfield>
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