After a profitable 2019, the U.S. personal lines insurance sector is positioned to see underwriting profits in 2020 even with considerable economic uncertainty from the coronavirus pandemic, according to a report from Fitch Ratings. The ongoing pandemic is “substantially affecting” …
Answer Financial, a personal lines insurance agency in the U.S., has expanded its insurance comparison platform to include homeowners and condo insurance. The expansion enables shoppers to compare rates and customize coverages from multiple homeowner insurers online. Answer represents several …
The outlook for the U.S. homeowners insurance market has improved over last year thanks in part to rate increases and lower reinsurance costs, according to reinsurance intermediary Aon Benfield. A new report by Aon Benfield Analytics reveals that insurers’ expected …
Emerging trends support a positive profit outlook for homeowners insurers, a leading broker believes.. Reinsurance broker Aon Benfield’s 2014 Homeowners ROE Outlook concludes that insurers’ prospective after-tax return-on-equity (ROE) for homeowners insurance is 7.9 percent on a countrywide average, up …
