Insurance Post

More reserving pain to come.

Hefty additions to loss reserves are making headlines, and the experts at Reinsurance's recent Lunch Forum debate, sponsored by Swiss Re, expect more bad news to come. Janina Clark reports.

If there is reserve strengthening to be done it usually shows up in
(re)insurers' accounts in the fourth quarter. One need look no further
back than the end of 2002, when increases by AIG of $2.8bn

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