U.S. Reinsurer Results Improve

London Editor


A group of 30 U.S. property-casualty reinsurers reported a total combined ratio of 106.4 for the first quarter ending March 31, a substantial improvement over the 112.4 figure compiled by a similar group of companies for the same period last year, according to the Reinsurance Association of Americas quarterly survey of underwriting results.

During the first quarter, these companies wrote $6.7 billion of net premiums, up nearly 20 percent compared with $5.6 billion for the same period last year, the Washington-based RAA reported.

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