Insurers will bear brunt of Harvey losses; downgrades possible


Based on the initial loss estimates relating to Hurricane Harvey, primary insurers - as opposed to reinsurers - will bear the brunt of the covered losses from Hurricane Harvey, according to S&P Global Ratings. But the rating agencies also stressed that some companies will be better able to absorb the losses than others.

Hurricane Harvey, Texas, S&P Global Ratings, Insurance losses, North America

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