premium growth News

P/C Insurers Caught Between Slowing Premium Growth and Rising Loss Ratios

For U.S. property/casualty insurers, net written premium still grew in 2015, but the rate of expansion is slowing, and the industry’s collective combined ratio worsened slightly, according to a new report from ISO and the Property Casualty Insurers Association of …

Workers’ Compensation Market Improved, Grew Premium in 2015: NCCI

The workers’ compensation market is healthy and profitable. This year’s “State of the Line” report, published by the National Council of Compensation Insurance (NCCI), indicates that the workers’ compensation calendar year 2015 combined ratio for private carriers was 94 percent. …

Global Reinsurers’ Capital Remains Stable on Underlying Basis: Aon Benfield Report

Global reinsurer capital totaled $565 billion at June 30, 2015, a reduction of two percent relative to the end of 2014 that was driven by strengthening of the U.S. dollar, according to the latest edition of the Aon Benfield Aggregate …

Advanced Markets Drive 3.7% Global Premium Growth in 2014: Swiss Re

The global insurance industry gained momentum in 2014, with total direct premiums increasing by 3.7 percent to $4.778 trillion after having stagnated the previous year, according to Swiss Re’s latest “sigma” study. The life sector returned to positive growth, with …

Study Forecasts Growth for Professional Indemnity Insurance in Europe

New research by market research consultancy London-based Finaccord forecasts that the market for professional indemnity insurance across ten European countries – namely, Austria, Belgium, France, Germany, Italy, Netherlands, Poland, Spain, Switzerland and the UK – will be worth around €7.5 …

Emerging Markets to Lead in Insurance Growth: Munich Re

Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according to the world’s biggest reinsurer, Munich Re. In a study published on Thursday, Munich Re forecast growth in property/casualty insurance …

Capital Growth Outpaced P/C Premiums In 2012: Moody’s

Moody’s Investor’s Service reported that the property/casualty insurance industry’s capital growth outpaced premium growth last year, and that earnings for the year jumped nearly 50 percent over 2011. “Capital adequacy remains solid,” the firm said in a report said, noting …

Conning: P/C Premiums to Grow 3-4% in 2012

Property/casualty insurers are facing a difficult environment in 2012, according to a forecast from analysts at a Hartford insurance consulting firm. The difficult environment will include volatility in the economy, the underwriting cycle, and catastrophe management, combined with low investment …

P/C Premium Growth Not Enough for Market Turnaround: Conning

The property/casualty insurance industry can expect premium growth of between 3 and 4 percent in 2011, and about 5 percent for the following two years, according to a forecast from analysts at Conning Research & Consulting. Premium growth rates for …