RAA quarterly report reveals strong results
A group of 22 US property-casualty reinsurers wrote $6.7bn of net premiums during the first quarter of 2007, according to a survey by trade association, the Reinsurance Association of America (RAA).
The study of statutory underwriting results found the reinsurers’ combined ratio was 89.8%, compared with 98.4% reported by a similar group of reinsurers for the three months ended March 31, 2006.
The
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