NU Online News Service, Nov. 29, 12:58 p.m. EST
After nine months, U.S. property and casualty reinsurers saw netincome rise to $6.27 billion, nearly five times what the same groupof reinsurers recorded during the same time in 2009.
About $4.2 billion of the total combined net income from 19 U.S.reinsurers followed by the Reinsurance Association of America (RAA)came from National Indemnity Company (NICO), which reported a netloss of about $292 million a year ago during the same time.
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