RAA releases US industry figures
According to a survey of reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA), a group of 26 US property-casualty reinsurers wrote $28.8bn of net premiums during the twelve months ended December 31, 2004.
The reinsurers’ combined ratio was 106.2%, compared with the combined ratio of 101.2% reported by a similar group of reinsurers for the twelve months ended December 31, 2003. The ratio isOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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