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US personal lines sector looks stable, claims Moody’s

The ratings' outlook for the US personal lines insurance sector remains stable, reflecting the industry's ability to generate robust profits, the rehabilitation of the homeowners' line and improving balance sheet strength, says Moody's Investors Service in its annual report on the sector.

According to Moody's, the US personal lines insurance industry's risk-adjusted capitalization remains strong - despite the high level of catastrophe losses in 2004 - as surplus levels have grown

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