RAA Reports Continued Improvement in US Reinsurers' Operating Results

The latest Reinsurance Association of America (RAA) survey reveals that a group of 18 US property-casualty reinsurers wrote $45.5 billion of net premiums during the 9 months ended September 30, 2018, compared to $34.2 billion for the same period in 2017. The combined ratio for the group was 98.2 percent, improving from 111.9 percent for the same period in 2017. The combined ratio is attributable to a 72.5 percent loss ratio versus 88.1 percent for the same period in 2017 and a 25.7 percent expense ratio versus 23.8 percent for the same period in 2017. Policyholders' surplus was $180.2 billion, compared to $170.5 billion at June 30, 2018.

According to the RAA website, the RAA Reinsurance Underwriting Report presents the cumulative quarterly underwriting and operating results of major US property-casualty reinsurers and includes premiums, losses, underwriting and expense ratios, and other financial results, including the following interactive report sections.

• Quarterly underwriting report
• Profitability scatter graph
• Change in net written premium heat map
• Underwriting ratio analysis graph
• Gross written premium compared to net written premium graph
• Combined ratio ranking graph
• Premium report
• Underwriting report
• Income report

Visit the RAA's website to view the 9-month underwriting reports for 2018 and 2017 in the Quarterly Underwriting and Operating Report. Each section of the report may be downloaded as a PDF file and printed.