Reinsurers showing resilience under weight of catastrophes
The top 50 global reinsurers' financial positions coming out of 2011 shows the sector's resilience through one of the costliest catastrophe years in history, according to a report by AM Best.
The sector and most of its players produced an underwriting loss for the year, but overall earnings were generally breakeven, and capital came through the year relatively flat.
Underwriting losses
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