Winners and losers emerge among (re)insurers after painful 2011
A clear bifurcation is emerging between P&C (re)insurers that have weathered the storm of near-record 2011 catastrophe losses and those that appear overweight in their exposures compared to industry peers.
As The Insurance Insider's Data Room analysis reveals, there is a wide spread between full-year combined ratios and net income across the spectrum of P&C companies that have reported so far.
Much of the variation was expected, given the significantly different exposures faced by US-focused insurance giants like Chubb or...
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