P&C Insurers Benefit From Reserve Releases
Much like a farmer bringing in his crop in the fall, U.S. property/casualty insurers have harvested significant reserve redundancies, according to a report issued today by Moody’s Investors Service, leaving a narrower cushion for the next 12 to 24 months. The report, “U.S. P&C Insurers Harvest Significant Reserve Redundancy,” cites a weak pricing environment as [...]