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RAA Reports Nine-Months Underwriting Results

Source: Reinsurance Association of America

Posted on 03 Dec 2009

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Nineteen property-casualty reinsurers wrote $18.7 billion of net premiums during the nine-months ended September 30, 2009, compared to $19.0 billion for the same period in 2008, according to results released by the Reinsurance Association of America (RAA).

The combined ratio for the group was 95.1%, an improvement over the 104.2 % reported for the same period in 2008. Policyholders' surplus was $74.1 billion, up from $72.1 billion reported for the same period in 2008.