Trending Property Casualty Headlines
The most viewed headlines from our Property Casualty Topic Page over the last 30 days.
#1 Analysis: Underwriting Loss Estimates Highlight Ongoing Challenges for US P/C Industry
Jun 14 2024 // The U.S. property/casualty market sustained an estimated $21.1 billion in underwriting losses in 2023, highlighting the challenges the industry faces as a result of natural catastrophes and inflation. According to joint...
#2 P/C Insurers Record $9.3 Billion Q1 Underwriting Gain: AM Best
Jun 12 2024 // The U.S. property/casualty industry recorded a $9.3 billion net underwriting gain in the first three months of 2024, according to a recently published AM Best report. The gain marks a reversal of an $8.5 billion loss...
#3 US P/C Insurers Post Best Q1 Underwriting Result In 17 Years
Jun 27 2024 // Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S. property/casualty insurers posted a net combined ratio of 94—the best since first-quarter...
#4 P/C Insurers Slow to Achieve Analytics Ambitions: Survey
Jun 5 2024 // Just under half of property/casualty insurers recently surveyed by WTW say they plan to incorporate artificial intelligence into their analytics (49%), but most have yet to bring “traditional” analytics into...
#5 US P/C Insurers Investment Income
Jun 17 2024 // The U.S. property/casualty insurance segment’s net investment income hit a record $73.9 billion in 2023, bolstered by the higher interest rate environment, according to a new AM Best report. The Best’s Special...
#6 People Moves: Canopius Taps AXA XL’s Houghton as Product Leader, Specialty; Swiss Re Promotes Camara to Head of P/C Re in Northern, Central, Eastern Europe
Jun 19 2024 // This edition of International People Moves details appointments at Canopius and Swiss Re. A summary of these new hires follows here. Canopius Taps AXA XL’s Houghton as Product Leader, Specialty Canopius, the...
#7 Leveraging Technology: Revolutionizing the Distribution “Middle” in P&C Insurance
Jun 20 2024 // This post is part of a series sponsored by Dyad. In the ever-evolving landscape of Property and Casualty (P&C) insurance, the distribution “middle”, comprised of intermediaries such as agents, brokers,...
#8 US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red
Jul 3 2024 // For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion primarily due to the lackluster performance of personal auto and home insurance lines. The total U.S....
