NU Online News Service, March 23, 3:05 p.m. EDT
Reserve releases were higher in 2011 than in 2010 and 2009 for personal- and commercial-lines companies followed by ALIRT Insurance Research, shaving 2.4 points off of those companies’ 2011 combined ratio, the firm notes.
The ALIRT P&C Composite consists of the 50 largest U.S. insurers, according to the firm.
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