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Fitch Publishes U.S. Asbestos Liability Dashboard

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has published a new Dashboard Report on U.S. property/casualty (Re)insurers' asbestos liability exposures at year-end 2014. The Asbestos Liability Dashboard compares the reserve position for 15 insurers with the largest exposure to asbestos related losses. Fitch estimates industry asbestos reserves are deficient by $5 billion-$12 billion, based on a 2014 survival ratio of 8.8x versus Fitch's target range of 11x-14x. Continued reporting of new incurred los

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