Rating Firm Questions Reinsurance Recoverability
NU Online News Service, March, 14, 11:19 a.m.EST?Reinsurance collectibility was among the issueshighlighted by a rating firm analyst describing the outlook forproperty-casualty insurers at an agent-broker conference in SanFrancisco earlier this week.
Noting that loss conditions and economic factors are keepingproperty-casualty insurers from capitalizing on the price gains intheir marketplace, Steve Dreyer, Standard & Poor's RatingsServices credit analyst and insurance practice leader, also saidinsurers have not fully accounted fully for the likelihood thatreinsurers might dispute certain some claims.
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