U.S. P/C Industry Reports Underwriting Profit in First Half of 2006
Publication Date: September 15, 2006
Advisen -- Insurance Market
Source: BestWire Services
"The U.S. property/casualty industry recorded an underwriting profit of $15.1 billion for the first six months of 2006, a 31.8% increase from the first half of 2005. The industry's combined ratio, a key measure of underwriting profitability, improved to 92 from 93.8 reported in the first half of 2005. Among the leading U.S. property/casualty insurers by net written premiums, 20 of the top 25 reported an improvement over their six-month 2005 combined ratios..."
Advisen -- Insurance Market
Source: BestWire Services
"The U.S. property/casualty industry recorded an underwriting profit of $15.1 billion for the first six months of 2006, a 31.8% increase from the first half of 2005. The industry's combined ratio, a key measure of underwriting profitability, improved to 92 from 93.8 reported in the first half of 2005. Among the leading U.S. property/casualty insurers by net written premiums, 20 of the top 25 reported an improvement over their six-month 2005 combined ratios..."
posted by AVRECO at 9:58 AM
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