The combined ratio for 26 U.S.-based reinsurers deteriorated for the first six months of 2005, rising 10 points compared to the same period last year, according to Reinsurance Association of America.
The companies' combined ratio rose to 105.8 percent this year, compared to 96.3 percent in the first six months of 2004, RAA said.
The RAA surveyed the companies' statutory underwriting results and found that they wrote $13.2 billion of net premium during the six months that ended June 30, 2005.
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