Personal Lines Underwriting Profits Likely to Continue Amid Coronavirus Disruption

Fitch Ratings on P&C industry 2024

The U.S. personal lines sector posted improved aggregate underwriting profits, with a 98.7% combined ratio (CR) in 2019. This result was driven by the homeowners’ insurance segment, which turned profitable (98.5% CR) with a respite from large catastrophe losses from hurricane and wildfire events that led to underwriting losses in the previous two years. The… Continue reading Personal Lines Underwriting Profits Likely to Continue Amid Coronavirus Disruption