Filed Under:Markets, Personal Lines

Fitch: Reserves Remain Adequate, But Recent Years Unlikely to Develop Redundantly

Looking forward, Fitch says it expects a continuation of loss-reserve stability due to the economic environment and steady loss-cost trends.
Looking forward, Fitch says it expects a continuation of loss-reserve stability due to the economic environment and steady loss-cost trends.

NU Online News Service, Aug. 23, 1:45 p.m. EDT

U.S. property and casualty loss reserves remain within an adequate range as of year-end 2010, and the potential for large deficiencies emerging in the near-term is limited, according to a Fitch analysis.

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