In industry news:

Mid-year results for U.S. property/casualty insurers and reinsurers show they are on the mend following a trying 2017, according to Fitch Ratings. Operating performance moderately improved for P/C (re)insurers during the first half of the year thanks to improved core loss ratios, lower catastrophe-related losses, and lower taxes along with favorable movement in loss reserves. The group operating return climbed to 8.0 percent, up from 6.8 percent in the prior year.

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