P-C Reserves Off By $2.2 Billion, KBW Says

Property-casualty insurers' reserve adequacy "deteriorated" in 2008, ending with a 0.4 percent--$2.2 billion--deficiency that will hurt their earnings, an investment firm said.

By staff Writer | Updated on June 18, 2009

NU Online News Service, June 19, 3:11 p.m. EDT

Property-casualty insurers’ reserve adequacy “deteriorated” in 2008, ending with a 0.4 percent–$2.2 billion–deficiency that will hurt their earnings, an investment firm said.

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