NU Online News Service, June 14, 2:32 p.m. EDT
The property & casualty industry continued to release reserves in 2010, but this part of the reserving cycle may be coming to an end, says a report on loss reserves from Conning Research & Consulting.
Adverse development in recent years, coupled with soft pricing and decreasing redundancy, could put a halt to reserve releases, Conning says.
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