Fitch also forecasts an average combined ratio of 100.4 percent, showing that P/C insurers will pay out more on claims and underwriting expenses than they receive in premiums.
Fitch expects P/C insurers to see a return on surplus in 2008 of 7.6 percent, a decline from 12.3 percent a year ago.
For further information, visit www.fitchratings.com .
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