premium growth News
All Good Things Come to an End: U.S. P/C Insurance Premium Forecast Dips
From the perspective of insurance carriers, a four-year trend of superior growth is taking an unfavorable turn, giving way to more moderate levels of increase, according to a recently released ...
P/C Market Won’t See Underwriting Profit Until ’24; Outsized Growth Expected
After four years of unparalleled underwriting profitability ending in 2021, the P/C market is headed for a second straight year of underwriting losses, according to the newly released S&P Global ...
Innovation Boosts Carrier Top Lines: AM Best
Insurers with well-developed innovation initiatives have much higher levels of top-line growth than those who lag behind on the innovation curve, AM Best reported last month. In a special report ...
Insurance Premiums Will Grow 3 Percent Despite Economic Slowdown: Swiss Re
Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report. Rising loss costs will fuel ...
Catastrophes Dipped in 2017 But Caused More Economic Damage: Swiss Re Sigma
Though there were fewer catastrophes globally in 2017 than the previous year, they caused significantly more damage, and the year's historic hurricane season is largely to blame, according to the ...
U.S. Commercial Lines Could Produce Small Underwriting Profit in 2018: Fitch Ratings
After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new ...
China Drives 2016 Insurance Premium Growth: Allianz
Global insurance premium reached more than $3.8 trillion in 2016 — a new record high — and China appears to be a factor behind much of the growth, according to new projections from Allianz ...
Global Commercial Non-Life Premiums to Reach Almost $900B by 2018
A London-based market research firm projects that global non-life gross written commercial insurance premiums will reach a value of around $895.1 billion by 2018, with U.S. commercial liability ...