TITLE

Reinsurer Capacity Grew in 2010 Despite Cat Losses, Capital Maneuvers

PUB. DATE
June 2011
SOURCE
Best's Review;Jun2011, Vol. 112 Issue 2, p94
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the growth in the capacity of reinsurer despite the catastrophe losses. It states that the ongoing flow of favorable loss-reserve development from prior accidents and the absence of U.S. hurricane had contributed on the continuation of underwriting profits in 2010. However, it mentions that the earthquake in Christchurch in New Zealand and earthquake and tsunami in Japan have overshadowed major catastrophes in 2010.
ACCESSION #
62293092

 

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