Top 40 experience 2011 growing pains
The industry's largest 40 reinsurers increased their net business written by almost 10 percent last year, according to data published by Standard & Poor's at the Monte Carlo Rendez-Vous.
The rating agency said that the combined net written premium
(NWP) for the top 40 reinsurance players in the world increased by
9.3 percent year-on-year to $174.1bn (see graph).
Click to enlarge
Inevitably, the most significant factor was the brutal roll-call of cat losses last year, which decimated earnings and dented...
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