RAA Reports Improved US Reinsurer Combined Ratio Year over Year

The latest Reinsurance Association of America (RAA) survey reveals that a group of 17 US property and casualty reinsurers wrote $43.4 billion of net premiums during the 9 months ended September 30, 2019, up from $43.1 in the same period in 2018. The combined ratio for the group was 96.2 percent, an improvement from the 98.2 percent combined ratio reported for the same period in 2018. The combined ratio is attributable to a 72.0 percent loss ratio and an expense ratio of 24.3 percent. Policyholders' surplus was $187.2 billion, an increase from $183.8 in the prior quarter.

According to the RAA website, the RAA Reinsurance Underwriting Report presents the cumulative quarterly underwriting and operating results of major US P&C 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 3-month underwriting reports for 2019 and 2018 at the Quarterly Underwriting and Operating Report. Each section of the report may be downloaded as a PDF file and printed.