Profitability

Triple-I Blog | P&C Underwriting Profitability Prospects for 2024 Remain Firm – Go Health Pro

by

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

Triple-I Blog | Improved Commercial Auto Underwriting Profitability Expected After Years of Struggle – Go Health Pro

by
Triple-I Blog | Improved Commercial Auto Underwriting Profitability Expected After Years of Struggle – Go Health Pro

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