Reserve releases continue to bolster profits, but tail deterioration re-emerges
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Reserve releases continue to bolster profits, but tail deterioration re-emerges

19 November 2012
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While the majority of US and Bermudian (re)insurers reported third quarter results that benefited from continued prior-year reserve releases, a number were also impacted by unfavourable development on long-tail business, including asbestos and workers' compensation.

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Analysis November 2012/3
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