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July 17, 2007

Catastrophes causing pressure

An upswing in catastrophe activity mixed with lower premiums, higher losses and limited growth in investments could add pressure to property-casualty insurers through 2009, according the latest forecast by Conning Research and Consulting in Hartford. Research by the company shows a policyholder surplus up $64 billion to $506 billion, while premiums grew at 4.4 percent.

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