The Position of the Reinsurance Company in the Casualty Business

The rapid growth of the casualty business is a familiar phenomenon. We are informed upon competent authority that from 1890 to 1926, the net premium income of casualty companies in the United States grew from less than $8,000,000 to more than $800,000,000. It may not be so generally known that, in recent years, the volume of reinsurance premiums in the casualty field has increased relatively more rapidly than has the net premium income. The writer is not aware of any published figures in which reinsurance data are combined for any considerable number of companies.