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P&C reinsurers see profit & premium improvement: RAA

March 11, 2022

New data released by The Reinsurance Association of America (RAA) shows an increase in both profitability and net premiums for US property and casualty (P&C) reinsurers over 2021.

The data, collected by RAA from 17 reinsurers globally, shows that the combined ratio for the group improved to 99.8% last year, down from 101.4% in 2020.

At the same time, the P&C reinsurers wrote $74.6 billion of net premiums, up from $65.1 billion in the previous year.

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