The combined ratio of U.S. reinsurers deteriorated in 2005 rising by 23 points from the previous year, according to data put out by the Reinsurance Association of America.
The combined ratio of 26 reinsurers for 2005 came in at 129.4 compared with similar group of carriers that reported a combined ratio of 106.2 the previous year.
The 2005 group wrote $25.3 billion of net premium while the 2004 group wrote $28.4 billion.
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