Re Results Improve, But Not Enough
With an overall combined ratio of 99.8 reported through the third quarter, U.S. property-casualty reinsurers have come a long way in improving their underwriting results during the past year, according to the Reinsurance Association of America.
But even a 15-point improvement in the overall combined ratio wont support a positive outlook for the group, analysts say, as they focus on lagging reserve actions and lackluster growth to explain their negativity.
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