Commercial Auto Insurance Profit Struggles Continue
The commercial auto insurance segment maintained its place as a weaker-performing U.S. property/casualty insurance product line in 2023. Despite successive periods of ...
Content from James B. Auden
James B. Auden, CFA, is Managing Director, North American Non-Life Insurance at Fitch Ratings. Reach him at jim.auden@fitchratings.com.
Eight Straight Years of Workers Comp Profits: What Could Go Wrong
Workers compensation insurance stands out as the most profitable major U.S. commercial insurance product line over the last five years, bolstered by relative claims ...
Commercial Auto Recovery Uncertain Beyond 2022
Property/casualty insurers have proven resilient in the last two years amid the considerable challenges of the coronavirus pandemic. One unanticipated outcome in this period is sharp improvement in ...
P/C Insurers Positioned for Underwriting Improvement, But Longer-Term Challenges Await
U.S. property/casualty insurers represent a source of stability amid the recent tumult of socioeconomic disruption from the coronavirus pandemic. The industry strengthened its capital base and ...
P/C Industry Profits in Current Cycle Lagging Last Hard Market
U.S. property/casualty insurers have benefited from significant increases in commercial premium rates for nearly three years. However, recent industry statutory underwriting performance improvement ...
Pandemic Losses Forestall Liability Insurance Turnaround
Projecting future property/casualty insurance market profit is always challenging. The economic and social impact of the ongoing coronavirus pandemic greatly compounds the uncertainty of this effort. ...
Future Workers Compensation Profitability Faces Obstacles
Workers compensation, the largest product segment in the U.S. commercial lines insurance sector, has experienced a recent profit renaissance, moving to a significant underwriting profit in ...
P/C Insurer Profits Pressured From All Sides in 2016
U.S. property/casualty insurers will mark a third consecutive year of underwriting profits in 2015, a feat unmatched since the early 1970s. However, market sentiment has shifted unfavorably as ...
Workers Comp Underwriting Profit Possible as Trends, Reserve Quality Improve: Fitch
Traditionally one of the most challenging underwriting segments in the U.S. commercial lines insurance market, workers compensation has experienced a meaningful turnaround in performance from large ...