RAA Reports Improved US Reinsurer Operating Results Year over Year

The latest Reinsurance Association of America (RAA) survey reveals that a group of 17 US property-casualty reinsurers wrote $59.3 billion of net premiums during the 12 months ended December 31, 2018, compared to $45.3 billion for the same period in 2017. The combined ratio for the group was 103.8 percent, improving from 108.2 percent for the same period in 2017. The combined ratio is attributable to a 79.4 percent loss ratio and an expense ratio of 24.4 percent. Policyholders' surplus was $160.1 billion at the end of third quarter 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 12-months 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.