Milliman News
Akur8 Acquires Arius From Milliman
Akur8, an insurance pricing solution based on machine learning, announced that it has acquired Arius from Milliman Inc.
Arius, an ...
PFAS Liability for Water District Remediation Costs Estimated Up to $175B
Economic liability associated with the remediation of perfluoroalkyl and polyfluoroalkyl substances (PFAS) in U.S. water districts is estimated to be between $120 billion and $175 billion, according ...
P/C Premium Growth Likely But Profits Delayed Until 2025: Forecast
Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a small underwriting loss in 2024 and achieve ...
Why Insurers Should Develop Strategies for Estimating PFAS Loss Reserves
Perfluoroalkyl and polyfluoroalkyl substances (PFAS) are everywhere in the news lately. PFAS refers to a class of chemicals renowned for resisting heat, water and stains—substances that are found ...
Report: 2023 Combined Ratio Forecast at 103.9, Commercial Lines Performed Best
The 2023 net combined ratio for the property/casualty industry is forecast to be 103.9, with commercial lines at 97.7, outperforming personal lines at 109.9, according to the latest underwriting ...
Despite Hard Market, P/C Combined Ratio Forecast at 104 for 2023
Losses resulting from severe convective storms seen this year are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to the latest underwriting ...
Permitted After-Tax Returns for California Insurers (2012-2021)
Since reinsurance costs are ultimately a substitute for direct costs of capital, we can better understand the ratemaking process in California by understanding how companies are allowed to ...
Inflation, Catastrophe Losses Lead P&C Underwriting Loss in 2023
The overall property/casualty (P&C) industry is expected to finish 2023, mirroring 2022 results, with a net combined ratio at 102.2, according to findings shared during a members only virtual ...