NU Online News Service, April 26, 3:03 p.m. EDT
The recent increase in share-repurchase programs among U.S. property and casualty insurers is manageable and unlikely to jeopardize the companies' capital positions, according to Moody's Investors Service.
"We typically analyze the magnitude of share repurchases relative to a company's annual earnings and evaluate the adequacy of its capital both before and after the repurchases," the rating agency says in a special comment.
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