Nationwide falls to $36mn P&C loss

US insurance giant Nationwide fell to a $36mn
third quarter operating loss in its P&C business, compared to a
$190mn profit in the prior-year period.
At group level - including Nationwide's financial services
and corporate segments - the insurer reported operating income of
$159mn, down from $272mn in Q3 2014, while net profits fell by
less, from $144mn to $113mn.
For the first nine months of the year operating and net profits
increased at the P&C and group level, however....