Fitch financial analysis 2012 News

Fitch: P/C Insurer Profit Up in 2012; Reinsurers Recover

Property/casualty insurers’ operating profits improved in 2012, driven by reduced incurred losses from natural catastrophes and core loss ratio improvements from recent underwriting and pricing actions. Fitch Ratings’ compilation of full-year GAAP 2012 financial results for a group of 48 …