November 2011
Best's Review;Nov2011 Supplement, p3
Trade Publication
The article presents information on the property/casualty sector of the insurance industry. Loss of property or damages is covered by the property insurance. Major catastrophes like hurricanes can diminish all gains that insurers have made. Therefore, in such areas the rates can be higher. Casualty losses cover indemnity losses and legal expenses from damages like injuries. The profitability of insurance companies is judged by the combined ratio.


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