Given the current level of commercial insurance price increases, which are outpacing loss ratio trends, analysts at Moody’s Investors Service forecast that underwriting margins will also continue to improve.

The chart below summarizes the rating agency’s forecasts for major commercial lines for 2013 and 2014.

Moodys Commercial Analysis Chart 1 Combined ratios

For more details of the Moody’s analysis, see related article, “Commercial Insurance Rate Hikes Continuing; WC Profit Ahead in ’14: Moody’s.