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You are here: Home / News / Property/Casualty Insurers More Profitable in First Nine-Months of 2015

Property/Casualty Insurers More Profitable in First Nine-Months of 2015

February 10, 2016 By CollisionWeek Editor

Net written premiums and investment income both up. Profitability measure grows 1.2 percentage points.

Private U.S. property/casualty insurers’ net income after taxes grew to $44.0 billion in the first nine months of 2015 from $37.8 billion in nine-months 2014, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus growing to 8.8 percent from 7.6 percent, according to ISO, a Verisk Analytics business, and the Property Casualty Insurers Association of America (PCI).

P/C Insurer Net Income after Taxes

Insurers’ combined ratio improved to 96.9 percent for nine-months 2015 from 97.7 percent in nine-months 2014. Net written premium growth increased to 4.1

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Filed Under: News Tagged With: Earnings, Profitability, Property Casualty Insurance

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