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P-C Insurers Boost Underwriting Gain By 21%

However, softening market, inflation fears, economic slowdown all pose

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Despite a 20.8 percent increase in first-quarter underwriting profits fueled by lower catastrophe losses, the property-casualty insurance industry saw its bottom-line income drop 3.8 percent due to declines in investment income, higher federal income taxes and the impact of several “special developments” that complicated a direct comparison of the two periods.

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