Global - Excess capacity dampening rates' hike

June 2011
Asia Insurance Review;Jun2011, p60
Trade Publication
The article reports that recent worldwide catastrophes has produced billions of dollars of losses to global insurers and reinsurer. According to a report, there has been continued underwriting profits in 2010 due to ongoing flow of favourable loss reserve development from prior accident years and the absence of a major U.S. catastrophe.


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