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2004 Surplus Gain Should Hit Double-Digits

2004 Surplus Gain Should Hit Double-Digits Hurricanes, tsunami losses offset by strong underwriting results, stock market surgeDespite Floridas barrage of hurricanes in the third quarter ...

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2004 Surplus Gain Should Hit Double-Digits Hurricanes, tsunami losses offset by strong underwriting results, stock market surge

Despite Floridas barrage of hurricanes in the third quarter of 2004 and the catastrophic Asian tsunamis just before year-end, the U.S. property-casualty industry will probably post a surplus increase of 10 percent or more for the year.

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