A.M. Best Report on Weakening Reserves
Despite softening rates, the U.S. property/casualty industry posted its fourth consecutive year of favorable reserves development in 2009, according to a Sept. 13 report by A.M. Best & Co.
Carriers clearly feel confident they can safely draw down on their reserves.
But should they?
Read more from this A.M. Best report, "U.S. P/C Industry Loss & LAE Reserves Weakening."
A slide show synopsis of the report is available free for everyone on the A.M. Best site. Subscribers and others willing to pay for the full version of the report can access it here.
December 1, 2010
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