P/C outlook 2017 News

Increase in P/C Insurers’ Losses in 2017 Will Again Be Driven by Auto: S&P

Private auto net incurred losses will increase by nearly 7 percent in 2017 to a new record of approximately $154 billion, reflecting elevated volume and costs of claims, according to a new S&P Global market outlook. According to the U.S. …

P/C Insurance Execs See Growth Coming from Technology Innovation, New Products

Technology innovation will provide the biggest growth opportunities for reinsurers in the year ahead, according to a survey by Guy Carpenter & Co. The annual survey polled executives from insurance and reinsurance companies during the 2016 Property Casualty Insurers Association …