Reserve Charges Mar Qtr. Beyond WTC. (Late Breaking News).(property-casualty insurers)(Statistical Data Included)(Brief Article)

National Underwriter Property & Casualty-Risk & Benefits Management, December, 2001 by Sclafane, Susanne

As property-casualty insurers continue to assess losses from the World Trade Center mega-catastrophe, and start to quantify the impact of the collapse of Enron on commercial lines results, many are still digging through the damage of a prolonged soft market. For the first time since National Underwriter began compiling quarterly results for individual insurers, we present results excluding the impact of a catastrophe--the terrorist attacks of Sept.

11. The adjusted results attempt to answer the question of whether improved underwriting and net income would have shown up by year-end 2001, absent the attacks, as experts had predicted. For a number of companies, such as ACE Ltd., Berkshire-Hathaway, The Chubb Corp., CNA Financial Corp., The Hartford Financial...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here