This post is part of a series sponsored by AgentSync. P&C market summary It’s no secret the property and casualty (P&C) market is full of struggle. After years of premium increases and market withdrawals, the right sizing of risk-to-profit is … a work in progress. Some areas of the market have seen the necessary improvements … Read more
By William Nibbelin, Senior Research Actuary, Triple-I The U.S. Property & Casualty insurance market is expected to continue its trajectory of improving underwriting results in 2024 into 2025 and 2026, according to the latest projections by actuaries at Triple-I and Milliman. The latest report – Insurance Economics and Underwriting Projections: A Forward View – was … Read more
The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This trend has been accompanied by steady growth in net written premiums (NWP). This weakness in underwriting profitability has been driven by several causes, according to a new Triple-I … Read more