CHICAGO--(BUSINESS WIRE)--U.S. Property/casualty insurers' operating performance remained essentially unchanged in the first half of 2015, with $25.5 billion in aggregate operating earnings reported in both periods, according to a new report by Fitch Ratings. Favorable reserve development and limited catastrophic loss activity helped to offset sluggish investment income. Annualized operating ROAE dropped slightly to 8.1%, from the 8.4% the prior period, due to modest growth in shareholders' equ
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