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Moody's: Reinsurer losses from Hurricane Matthew should be manageable

Moody's said some reinsurers with business in the Southeastcould see meaningful losses from damage caused by Hurricane Matthew, but thatthe losses will be manageable.

The Southeast is a peak catastrophe zone for U.S. reinsurers,but companies that have taken measured bets in the region should be able toshoulder losses in an earnings context, the rating agency said.