P&C industry 2021 CR at estimated 101% amid rate and profitability pressures: Triple-I/Milliman
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

P&C industry 2021 CR at estimated 101% amid rate and profitability pressures: Triple-I/Milliman

Giovanna Bellotti Azevedo
19 November 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
III and milliman logos financial data analysis.jpg

Cat losses and uncertainty from Covid will continue to pressure P&C rates, pushing the industry to run at an estimated combined ratio of 101% for 2021, according to the latest underwriting projections by actuaries at the Insurance Information Institute (Triple-I) and Milliman.

The projections are slightly worse than what was predicted three months ago, pressuring industry rates and profitability, a report from Triple-I and Milliman found.

“The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsRates
GA
Giovanna Bellotti Azevedo
Gift this article