Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

US reinsurers see slight increase in premium

Reprints
Slight premium increase

U.S. property/casualty reinsurers wrote $43.4 billion in net premium in the first nine months of 2019, an increase of less than 1% over the same period last year, the Reinsurance Association of America said Monday.

Measured by net premium written, the largest U.S. reinsurer by far was National Indemnity Co., a unit of Berkshire Hathaway Inc., which reported $19.33 billion in premium, followed by Everest Reinsurance Co. with $4.3 billion and Munich Reinsurance America Inc. with $4.05 billion.

The group of 17 reinsurers reported a combined ratio of 96.2% for the first nine months, an improvement from the 98.2% reported in the same period last year.

Policyholder surplus stood at $187.2 billion at the end of the third quarter 2019, up nearly 2% from the second quarter, the Washington-based RAA reported.

 

 

Read Next