US P&C market sees Q1 improvement, claims Swiss Re
The US property & casualty insurance industry’s underwriting performance in 1Q 06 improved over 1Q 05 while reported investment results were down, according to a new report by Swiss Re.
However, if a one-time $2.3bn special dividend payment received by Berkshire Hathaway from one of its investment vehicles in 1Q 05 is excluded from the comparison base, investment income growth was
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