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Global investment bank Keefe, Bruyette & Woods says insurers with solid reserves, positioning and underwriting will begin to separate from the pack early in 2012.

NU Online News Service, Jan. 17, 11:15 p.m. EST

Global investment bank Keefe, Bruyette & Woods says property and casualty insurance industry investors may not see improvements in earnings per share or return on equity in fourth-quarter earnings, but there is a silver lining for some companies.

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