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Marine insurers outperform P-C market. (Marine Insurance).(Industry Overview)
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Marine insurance has been performing better than the overall property-casualty business in recent years, a leading industry figure contends.
"We turned the corner faster than the industry as a whole, and, of course, we did not share the catastrophic loss of 9/11," said Deirdre Littlefield, outgoing chairman of the American Institute of Marine Underwriters, speaking here at the group's annual meeting.
"While the industrywide combined ratio was 116 percent, AIMU...