Tag: casualty

TRENDS: Underwriting losses rise in early 2011

Private U.S. property/casualty insurers’ net losses on underwriting grew to $4.5 billion in first-quarter 2011 from $1.8 billion in first-quarter 2010. The combined ratio, a key measure of losses and other underwriting expenses per dollar of premium, deteriorated to 103.3 percent in first-quarter 2011 from 101.1 percent in first-quarter 2010. Partially offsetting the deterioration in […]

Read More