Net written premium growth declined to 3.4 percent in 2015. Profits up due to capital gains increases. Auto frequency and severity trends part of challenging environment for insurers.
Private U.S. property/casualty insurers saw their net written premium growth slow to 3.4 percent in 2015 from 4.2 percent a year earlier, while their net income after taxes grew to $56.6 billion in 2015 from $55.9 billion in 2014, according to ISO, a Verisk Analytics (NASDAQ:VRSK) business, and the Property Casualty Insurers Association of America (PCI).
Insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus remained virtually
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