Abstracts » Insurance

General liability, medical malpractice, surety and fidelity: 1991

Article Abstract:

The combined loss ratio for liability insurers increased in 1991, to 110.3; however, this increase is minimal considering that the ratio has fluctuated by a scant .06 since 1988. More alarming are changes is the decline in the index's leading two indicators: earned premiums and incurred losses. In 1991 the former declined while the latter remained even. This deterioration was offset somewhat by lower loss adjustment expenses. Analysts should be aware of changes in premium reporting and classification when reviewing 1991 results.

Surety insurance, Statistics, Liability insurance

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Five-year review of net premiums written

Article Abstract:

Statistics provided by A.M. Best Company Inc's database show that property and casualty insurance premiums are expected to increase by 2.7% in 1992. The moderate growth rate is similar to premium decreases in several insurance areas, including automobile, workers compensation and general liability. Personal line premiums, however, grew between 5.3% and 11.8% from 1987 through 1991. Statistics also show that market share for insurance companies dropped more than five points from 1987 to 1991.

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