P/C Insurers Show Superior Risk Management

"The property/casualty (P/C) insurance industry’s full year 2008 results released yesterday brought the industry’s worst financial performance since 2001. The industry’s annualized statutory rate of return on average surplus fell to 0.5 percent in 2008, down sharply from the 12.4 percent return recorded in 2007. In his commentary on the results I.I.I. president Dr. Robert Hartwig notes that [...]" (2009-4-10)
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