US P&C reserves dwindle in '08: Moody’s
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US P&C reserves dwindle in '08: Moody’s

23 March 2009
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Moody's has expressed concerns over reserves at US property casualty (P&C) insurers, which it says slid from a "comfortable redundancy" to "close to breakeven" during the second half of 2008, as companies released reserves to bolster earnings.

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