U.S. Reinsurance Sector Still Struggling
Dramatically improved rating and coverage conditions for U.S. property-casualty reinsurers has not brought about an overall improvement in industry results, according to the first-half report of the Reinsurance Association of America.
A group of 30 U.S. p-c reinsurers reported a combined ratio of 117.6 for the first half of 2002, compared with 115.6 reported by a similar group of reinsurers for the same period last year, according to the Washington-based RAA. The combined ratio for the first six months of 2002 is comprised of a 90.7 loss ratio and a 26.9 expense ratio, RAA noted.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
