Investment Dips Impede Insurers' Recovery
NU Online Dec. 17, 3:27 p.m. EST? The first nine months of the year saw property-casualty insurers reverse a net loss for the period in 2001, but carriers' net worth was driven down by poor investment returns, two industry groups reported today.
The findings were reported by the Insurance Services Office, Inc. in Jersey City, N.J., and the National Association of Independent Insurers in Des Plaines, Ill.
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