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US P/C Industry 2023 Underwriting Performance Improved, but Personal Lines Continue to Drag, New Triple-I/Milliman Report Shows

US P/C Industry 2023 Underwriting Performance Improved, but Personal Lines Continue to Drag, New Triple-I/Milliman Report Shows
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Jasonb kurtzDale porfilioDonna glennNational council on compensation insuranceInsurance information instituteInsurance knowledge groupPerformance improvedPersonal lines continueMilliman reportUnderwriting projectionsForward viewNational councilCompensation insurancePrice indexInstitutes riskInsurance knowledge

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 and personal lines at 109.9,

Donna glennDale porfilioJasonb kurtzNational council on compensation insuranceInsurance information instituteUnderwriting projectionsNational councilCompensation insuranceTrendscommercial linesbusiness

Commercial lines outperform personal, but underlying loss persists – report

Commercial lines outperform personal, but underlying loss persists – report
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Dale porfilioDonna gennJasonb kurtzInsurance information instituteNational council on compensation insuranceNational councilCompensation insurance

Commercial Lines Continue to Perform Better Than Personal, Though Overall Underwriting Loss Persists, New Triple-I/Milliman Report Shows

Commercial Lines Continue to Perform Better Than Personal, Though Overall Underwriting Loss Persists, New Triple-I/Milliman Report Shows
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Jeremy engdahl johnsonDale porfilioDonna glennJasonb kurtzLoretta wortersNational council on compensation insuranceInsurance information instituteInsurance knowledge groupInsurance economicsUnderwriting projectionsForward viewChief economistData scientistChief insurance officerConsulting actuaryChief actuary

Despite Hard Market, P/C Combined Ratio Forecast Near 104 for 2023

Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to

Jasonb kurtzDonna glennDale porfilioInsurance information instituteNational council on compensation insuranceUnderwriting objectionsNational councilCompensation insuranceTrendspricing trendsmarketproperty