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"Overall improvement in full-year results will again hinge on second-half catastrophe experience," Christopher A. Grimes, director, insurance at Fitch Ratings, said in a statement. (Photo: Shutterstock) “Overall improvement in full-year results will again hinge on second-half catastrophe experience,” Christopher A. Grimes, director, insurance at Fitch Ratings, said in a statement. (Photo: Shutterstock)

Operating performance remained consistent with prior-year results for a group of 47 property & casualty (P&C) insurers and reinsurers in the first half of 2019 as a modest weakening in calendar-year underwriting margin was offset by higher investment income, according to a new report by Fitch Ratings.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected]

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