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Allstate, Nationwide Post Dramatic Q12024 Homeowners Loss Ratio Drops: S&P
Jun 28 2024 // In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below 50 in 2020 to over 70 in 2021 and 2023, a new analysis shows. The S&P Global...
US Home Insurers Post Net Combined Ratio Over 110: S&P
May 23 2024 // The U.S. homeowners insurance segment posted its worst underwriting results in over a decade in 2023, according to an analysis by S&P Global Market Intelligence. The net combined ratio for the homeowners business,...
S&P: 2023 Marked Stall of Rapid Growth in US Cyber Insurance
May 22 2024 // S&P Global Market Intelligence weighed in on the U.S. cyber insurance marketplace, reporting that premium dipped in 2023 to end several years of rapid growth. The overall 0.7% decline in cyber insurance direct written...
Overall US P/C Combined Ratio Improves in 2023 but Trouble Spots Remain: S&P
May 16 2024 // The U.S. property/casualty industry’s net combined ratio improved in 2023 to 101.7 from 102.5 the prior year, according to S&P Global Market Intelligence. The combined ratio for the industry’s personal...
MS Reinsurance Gets Ratings Upgrades From AM Best and S&P
May 2 2024 // MS Reinsurance, the reinsurance subsidiary of MS&AD Insurance Group Holdings, has received rating upgrades from AM Best and S&P Global Ratings. On April 26, 2024, AM Best announced it had upgraded the...
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