RAA: US reinsurers produced 93.5% combined ratio in 2007
The Reinsurance Association of America has released figures that show the US-domiciled reinsurance industry returning a 93.5% combined ratio for 2007
For 2007, the 34 organisations studied by the RAA reported net premiums written of $24.5bn, premiums earned of $25.9bn, loss and loss adjustment expenses of $16.6bn, commission and broker expenses of
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