NU Online News Service, June 2, 2:55 p.m. EDT
A survey of statutory underwriting results of 19 U.S. property and casualty reinsurers found that net premiums were down 9.4 percent with the combined ratio increasing by 6.7 points.
Reinsurers wrote $6.4 billion of net premiums during the three months ending March 31, 2010--a decrease from the $7 billion net premiums written in the first three months of 2009.
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