Insurance Economic Drivers Could Outperform U.S. Economy by 2025 But Major Hurdles Remain

P&C underwriting performance improves except Person Lines

The economic drivers of the U.S. property/casualty (P/C) insurance industry could cumulatively expand faster than the nation’s gross domestic product (GDP) in 2024 and may outperform the overall U.S. economy by 2025, according to the Insurance Information Institute’s (Triple-I) latest Insurance Economics Outlook.