Reinsurance Posts ?04 Underwriting Loss

NU Online News Service, March 8, 4:17 p.m. EST?Declining net written premiums and poorer combined ratio numbers highlighted 2004 results for the reinsurance industry, according to figures confirmed by the Reinsurance Association of America.[@@]

Prudential Financial property-casualty analyst Jay Gelb in a note to investors said that 2004 net written premiums decreased 6 percent to $29 billion.

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