A.M. Best: A&E Losses To Hit $121 Billion

NU Online News Service, Nov. 4, 2:25 p.m. EST?The net asbestos and environmental losses for property-casualty insurers in 2001 is expected to ultimately exceed $121 billion, according to a rating firm study.

The projection was contained in a report by A.M. Best. Company, based in Oldwick, N.J.

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