Property-casualty insurers have sustained relatively little damage despite a U.S. subprime mortgage market implosion that has wiped $173.2 billion off company balance sheets around the world, and insurance data firm said.

But Advisen, the latest firm to find insurers relatively immune from the subprime situation, did note the filing of securities class action suits and other types of suits that “may be covered by directors and officers liability (D&O) insurance policies and various types of errors and omissions (E&O) insurance policies.”

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