13.12.2013 18:25:00
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Moody's: Catastrophe exposure remains key credit risk for US P&C insurers
New York, December 13, 2013 -- The US P&C industry's current strong capital levels enable it to withstand volatility from natural and man-made catastrophes even up to severe levels such as an event with a 1-in-250 probability, but the risk nevertheless remains significant for the industry for 2014 and beyond, says Moody's Investors Service in its latest special comment "Catastrophe Exposure Remains Key Risk For US P&C Insurance Firms."