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Insurance Day

US p/c sector’s reserve buffer ‘gone in a year’ – Aon Benfield

Reserve redundancy stood at $11.7bn at end of 2011, down nearly half

The reserving buffer that has helped a number of US insurers stay profit­able nearly halved during 2011 and will be wiped out completely in slightly more than a year, according to the latest analysis from Aon Benfield.

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