All Global Reinsurance articles in On-Line Archive – Page 496
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Brit 2005 profits down by 46%
Brit Insurance Holdings has announced its final results for the year ended 31 December 2005. Gross written premium increased by 10.7% to £1,202.5m and its pre-tax profit for the year was £62.4m, d …
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US tort costs hit $260bn
US tort costs reached a record $260bn in 2004, or approximately $886 per person, according to the US Tort Costs and Cross-Border Perspectives: 2005 Update from the Tillinghast business of Towers Perrin. This surpassed the previous record set in 2003 by $16bn. The 2005 Update analyzes US tort costs from ...
