Drought fears for US crop insurers downplayed
Drought conditions affecting large areas of the US are not yet a cause for concern for crop insurers and their reinsurers, according to analysis from Stifel Nicolaus.
In a note on the sector, equity analyst Meyer Shields said that
while 2012 may prove to be a difficult year for crop writers, the
current drought conditions could be largely reversed if the weather
improves, "so it's a little early to declare
defeat".
Click to enlarge
Weather patterns this year have led...
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