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Market caps rebound in Q2 for most large U.S. insurers

from S&P Global

Market caps rebound in Q2 for most large U.S. insurers S&P Global The market capitalization of the majority of the largest U.S.-listed insurance underwriters improved in the second quarter as markets rebounded following a sharp sell-off late in the first quarter. The bulk of the top 20 are still nursing double-digit percentage losses relative to the end of the year-ago second quarter, however. American International Group Inc. for example, saw its market cap rise 28.6% to $26.86 billion quarter over quarter, but year over year its valuation is down roughly 42%. READ MORE

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