15 Insurers See Ratings Updates
Ratings Corner, December 18, 2013
Moody's noted, however, that these strengths remain tempered by earnings weakness and persistent high combined underwriting ratios in commercial lines (such as multi-peril, general liability, automobile and workers' compensation), potential claim reserve volatility associated with casualty business, interest rate sensitivity and other risks inherent in CNA's run-off businesses, especially long-term care and, to a lesser degree, by exposures to natural and manmade catastrophes.
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