Financial Results
News, insights and thought leadership for re/insurance professionals with an interest in financial results.

Commercial combined ratio to increase slightly: S&P - Business Insurance

The overall property/casualty insurance industry’s combined ratio is heading for more than 100% for the first time since 2017 due to inflationary pressures, but the commercial lines
The overall property/casualty insurance industry’s combined ratio is heading for more than 100% for the first time since 2017 due to inflationary pressures, but the commercial lines
businessinsurance.com / Article / 4 days ago

Catastrophe losses drop sharply YOY in Q1 for many big US insurers

Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Liberty Mutual reported the largest amount of losses during the quarter at $656 million, though that was down from $1 billion in the first quarter of 2021. Allstate was next with losses of $475 million, compared to $833 million a year earlier.
Article / 1 month ago

Most top E&S insurers see market shares decline in 2021; premiums rise YOY

Industrywide, E&S direct premiums rose 32.2% year over year to $62.87 billion from $47.56 billion in 2020. The direct incurred loss and DCCE ratio improved to 71.3% from 78.1% in 2020.
Industrywide, E&S direct premiums rose 32.2% year over year to $62.87 billion from $47.56 billion in 2020. The direct incurred loss and DCCE ratio improved to 71.3% from 78.1% in 2020.
Article / 2 months ago

CII and PFS Presidents reflect on purpose

Peter Blanc, President of the Chartered Insurance Institute, kicked off the Ambassadors in Action conference by reflecting on how the FCA’s Consumer Duty puts the onus on insurance and personal finance professionals...
Peter Blanc, President of the Chartered Insurance Institute, kicked off the Ambassadors in Action conference by reflecting on how the FCA’s Consumer Duty puts the onus on insurance and personal finance professionals...
Article / 2 months ago

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