2010: Number Of U.S. Companies Posting Combined Ratios Over 100 Triples PropertyCasualty360
A dozen more U.S. insurance and reinsurance companies observed by Fitch Ratings posted a combined ratio over 100 in 2010 compared to 2009.
According to its annual report compiled from the financial results of 49 publicly traded insurance and reinsurance companies in the U.S., Fitch said the aggregate combined ratio of the group was 97.7 in 2010, up from 94.3 reported by the group the prior year.
Sixteen companies recorded a combined ratio of more than 100 compared to four in 2009, Fitch said.
Access Article: http://www.propertycasualty360.com/2011/03/17/2010-number-of-us-companies-posting-combined-ratio
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http://dreamlearndobecome.blogspot.com This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.
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