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US P&C insurers report $1.5bn net underwriting loss in 1H16


Private property/casualty insurers in the US reported a $1.5 billion net underwriting loss in the first half of 2016, the first year-to-date net underwriting loss in more than three years, and saw their net income after taxes drop to $21.7 billion in the first half of 2016 from $31 billion year-on-year.

ISO, PCI, Insurance, Property, Casualty, North America, Results

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