NU Online News Service, Jan. 12, 11:58 a.m. EST
Moody's Investors Service said it is maintaining its negative sector outlook for U.S. commercial line insurance due to limited demand for products, weak pricing and low investment returns.
The outlook tracks with A.M. Best's outlook for the commercial sector. Earlier this week, A.M. Best said it sees the potential for downward rating pressure in the commercial segment due to the continued wearing down of loss reserves in the industry.
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