A.M. Best Special Report: Reinsurers Keep Their Balance Despite 15% Drop in Shareholders’ Equity

Submitted by Kathleen McGrath on Tue, 04/28/2009

U.S., Bermuda and large international reinsurance companies lost about 15% of their capacity in 2008 as measured by shareholders’ equity. But A.M. Best Co. believes that two excellent operating years preceding 2008, sizable capital increases after Hurricane Katrina and significantly improved loss reserves have enabled the reinsurance industry to withstand the barrage of investment charges and catastrophe losses.

http://www.insurancebroadcasting.com/insurance-news-042709-6.htm

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