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US reinsurers' profits up in 2009

16 March 2010

Net income for US property/casualty reinsurers was $4.3bn in 2009, which was up from $2.9bn in 2008, according to a survey of reinsurers’ statutory underwriting results conducted by the RAA.

Read more: reinsurance association of america

Net income for US property/casualty reinsurers was $4.3bn in 2009, which was up from $2.9bn...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
67%
$4bn-$5bn
0%
$5bn-$6bn
33%
$6bn-$7bn
0%
More than $7bn
0%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield