Combined ratio improves for reinsurance council members
The 22 members of the Reinsurance Research Council (RRC) saw their overall combined ratio drop to 110.2% in 2002, versus 119.1% a year prior. After-tax income was up slightly for the group to $52.9 million from $477.7 million the year prior.However, underwriting results continued to be sluggish, showing only slight improvement. Overall, the reinsurers posted […]
By Canadian Underwriter | May 7, 2003
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