A representative group of reinsurers posted a combined ratio of 94.9 for 2006, a 34.5-point improvement over the 129.4 registered in catastrophe-scarred 2005.
According to the annual sampling of 23 reinsurers conducted by the Reinsurance Association of America, the carriers wrote $25.8 billion of net premium for 2006, compared with $25.3 billion for the previous year.
The reinsurers wrote $40.9 billion in gross premiums in 2006, compared with $40.2 billion in the previous year.
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