The RAA has released reinsurance underwriting results for six months ended June 30, 2009. The results show that policyholders’ surplus of $65.9 billion for a group of 19 U.S. property-casualty reinsurers,compared to $72.8 billion for the same period in 2008. The group wrote $12.8 billion of netpremiums during the six months ended June 30, 2009, compared to $12.7 for the same period in 2008.
The reinsurers’ combined ratio was 93.8%, an improvement from the 97.5% reported by a similar group of reinsurers for the six months ended June 30, 2008. The ratio is attributable to a 65.4% loss ratio.
The full result is available here
