A slight recovery in accident & health
Article Abstract:
A slight gain in underwriting was noted in the accident and health insurance sector in 1996. The modest upturn came following the twofold increase in underwriting losses in 1995 and 1994. However, premium volume fell during the year owing to keen competition, climbing down by 1.5% to $83.68 billion. Of the sector's eight segments, all but one recorded a downturn in net premiums, while five segments got boosts in underwriting results. Mutual insurers also accounted for much of the less than impressive results for the sector, recording a 5.7% drop in premiums to $31.56 billion in 1996.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1997
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A&H underwriting loss more than doubled, again
Article Abstract:
The accident and health insurance sector's underwriting loss more than doubled for the second consecutive year in 1995. The segment's loss totaled $4.6 billion, compared to $2.03 billion in 1994 and $914.5 million in 1993. An increase in the sector's loss ratio, from 76.6 in 1994 to 80.1 in 1995, drove the underwriting loss. Premiums' meanwhile increased modestly.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
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Comment about this article or add new information about this topic:
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