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Cost Of Risk Dropped 9.4 Percent In 2008

The average total cost of risk--made up of insurance premiums, retained losses and risk management administrative costs--fell 9.4 percent per $1,000 of revenue in 2008, according to the annual benchmark survey by the Risk and Insurance Management Society.

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The average total cost of risk–made up of insurance premiums, retained losses and risk management administrative costs–fell 9.4 percent per $1,000 of revenue in 2008, according to the annual benchmark survey by the Risk and Insurance Management Society.

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