Loss of property cat ‘subsidy’ will show in Q3: KBW
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Loss of property cat ‘subsidy’ will show in Q3: KBW

The hit to profitability from the well-publicised drop-off in US catastrophe rates in 2013 will start to become apparent in the third quarter, analysts at US investment bank Keefe, Bruyette & Woods (KBW) said in a note previewing the...

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