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Insurance leaders were of two minds when it came to catastrophes at the industry’s recent annual “family reunion”—citing grave concerns about the massive losses they endured and the impact on their 2011 bottom lines, while at the same time looking back with pride on how well they performed during the worst of times for their policyholders.

Cat losses were a prime topic for discussion among the CEOs and association leaders on hand for the Property/Casualty Insurance Joint Industry Forum, both during the two formal panels and the networking breaks as well.

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