You are here:HomeNews CenterInsurance News2004Conning Says Reserves Up, But Industry Still Undercapitalized

Conning Says Reserves Up, But Industry Still Undercapitalized

Three years of rising property-casualty rates have finally had a favorable impact on loss reserves, substantially reducing estimated deficiency, according to the latest annual study...
June 20, 2004

Three years of rising property-casualty rates have finally had a favorable impact on loss reserves, substantially reducing estimated deficiency, according to the latest annual study on the subject by Conning Research & Consulting. The study finds that a significant number of reserve additions were recorded by the industry in 2002, but that at current levels, there is still much work to be done.

Filed under: